MoMo Productions | Stone | Getty Images Amid the “Great Resignation” and ongoing pandemic, millions of Americans are quitting their jobs to become their own bosses. In October, there were about 9.44 million unincorporated self-employed individuals in the U.S., according to data from the U.S. Bureau of Labor Statistics. Since April 2020, the number of
Small Business
Jennifer Sutton, pictured with her children, quit her job this year to open Guest Haus Juicery & Matcha Bar in Park City, Utah. Courtesy: Jennifer Sutton Jennifer Sutton was burned out. When the Covid-19 pandemic hit, the 37-year-old advertising executive suddenly found herself juggling work and remote schooling for her two young children. Even when
Sign on glass reading Thank You For Supporting This Local Business in a bakery in Walnut Creek, California, September 15, 2021. Photo courtesy Sftm. (Photo by Gado/Getty Images) Gado | Archive Photos | Getty Images Over one-third of Americans (34%) say they plan to shop on Small Business Saturday, a rebound from 2020, but spending
Toys are seen at a Target store on October 25, 2021 in Houston, Texas. Brandon Bell | Getty Images Despite high sales expectations for Black Friday, Small Business Saturday, and Cyber Monday, just over half of American consumers don’t plan to shop on some of the biggest days for deals during the holiday season. Fifty-two
A sign reading “Shop Local” with closed restaurants and shops on Main Street on April 10, 2020 in Livingston, Montana. William Campbell | Getty Images While Black Friday may be the biggest shopping day of the Thanksgiving weekend, about half of American consumers are expected to turn out for Small Business Saturday. A survey from
In this article ETSY Darin Mays makes wood tables and sells on Etsy. He sources locally and can quickly navigate supply headaches plaguing other retailers. Larry Falk | CNBC This holiday season, Darin Mays isn’t staring down labor challenges or supply chain woes like some of his big-box competitors, and sales are strong. The entrepreneur’s
Having an emergency fund should be a cornerstone of household budgets. Experts commonly recommend you have at least three months of expenses in savings to handle unexpected setbacks. But how much money should you save to intentionally quit your job? That is a harder question to answer. For Tori Dunlap, founder of the woman-focused financial
Christopher Willard | Disney General Entertainment Content | Getty Images Some valuable firms like Hermes demonstrate there’s brand value preserved in keeping the business under family control. Others prove that the family connection can help restore belief in a damaged brand — Toyota after its unintended acceleration crisis in 2010 is an example. But those
My Secret Stash in Traverse City, Mich., is thinly-staffed ahead of the holiday rush. Owner Karen Hilt is gearing up for a strong shopping season. Courtesy: My Secret Stach Karen Hilt owns My Secret Stash in Traverse City, Michigan, retailing products from local artists and sellers— and business has been booming. Hilt’s feeling optimistic about
Early in 2020, Sam Lyon’s new job fell through because of a coronavirus hiring freeze. That’s when Lyon decided to create what he calls the “Uber Eats Challenge.” The Salem, Oregon, resident committed to delivering food for 12 hours per day every day in June, aiming for a pace that would amount to $100,000 a
Morsa Images | DigitalVision | Getty Images Job listings are requiring applicants get vaccinated in increasing numbers, and the trend appears poised to continue. The number of job postings mandating candidates have a Covid-19 vaccine doubled since the end of September, according to an analysis published Tuesday by Ladders, a career site for higher earners.
Tetra Images | Tetra images | Getty Images In a time of record mergers-and-acquisitions activity for financial advisory firms, designing and implementing a succession plan has become a critical element for success. This volume and breadth of M&A activity has increased the pressure on, and options for, firm owners. The median registered investment advisor firm