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Are you one of the many women out there who needs a brand-new model for your business career? Are you looking for entrepreneurial alternatives to the world of big business, but aren’t sure where to start? A transition into small business is a natural progression for countless women who have invested the first phase of their careers in large companies. Many mid-career women dream of starting their own businesses, but until now there hasn’t been a book that gives them the sense of multiple choice that helps them ...
Are you one of the many women out there who needs a brand-new model for your business career? Are you looking for entrepreneurial alternatives to the world of big business, but aren’t sure where to start? A transition into small business is a natural progression for countless women who have invested the first phase of their careers in large companies. Many mid-career women dream of starting their own businesses, but until now there hasn’t been a book that gives them the sense of multiple choice that helps them find the right entrepreneurial fit—options that go beyond starting a venture to include buying an independent business or a franchise, joining or consulting for small businesses, or working with partners.
There’s a confusing array of how-to books out there with general advice about starting a business, conducting a job search, or balancing work and family. But what entrepreneurial women really need are the strategic tools for choosing and growing a business that will not only make them money, but make them happy as well. Women need direct, gender-specific advice about succeeding financially in their businesses; they also crave the feeling that their work matters, and they want flexibility and control over their professional lives in order to achieve a healthy work-life balance. This book offers them the womenfriendly business advice they need and numerous true-life role models to identify with and emulate.
Author Ginny Wilmerding opens women’s eyes to the advantages of buying, joining, or consulting for existing small businesses, fully explaining the alternatives to starting from scratch. If you lack an original business idea, this book will give you the confidence you need to get excited about pursuing a business idea other than your own. But if you do want to start a company from the ground up, there’s plenty of food for thought for you here, too. Wilmerding not only shares her own stories and outside experts’ advice but also includes insightful vignettes from women who have found their niches and are succeeding financially.
If you’re wondering how to finance your small business, Wilmerding steers you toward success in obtaining SBA loans and other financing. Finally, if you’re considering partnering with others to share the risk and the fun, she prepares you for partnership success, and explains the importance of good advisers and mentors.
The goal of this book is to get you started on the path to a successful career in the small business world, a world that needs experienced, smart, versatile women like you to join its ranks. Smart Women and Small Business is the ultimate professional guide for mid-career, business-minded women who want to achieve the same independence and success as their entrepreneurial male peers—but in their own way.
Foreword: Deborah Moore, C.B.I., Sunbelt Business Advisors Network.
Chapter One: The Business Mind-Set: Your Key to Success.
Chapter Two: Business Career Planning: A New Way to Work Smart.
Chapter Three: Why Start From Scratch If Someone's done it for You?
Chapter Four: Finding the Right Business for You.
Chapter Five: Franchises and Direct Selling Companies.
Chapter Six: A Piece of the Pie - Working for, Consulting for, or Partnering with Existing Business Owners.
Chapter Seven: The Family Business Advantage (for the Lucky Few).
Chapter Eight: If You're Sure You Want to Start a Business.
Chapter Nine: Smart Financing Strategies for Your Business.
Chapter Ten: You're Not Alone: Why Women consider business Partners.
Chapter Eleven: Don't Get Discouraged, Just Get Started!
Appendix A: Sample Business Plan - revitalizing Shelter Island Gardens.
Appendix B: Start-Up Business Plan Outline.
Appendix C: Top 10 reasons to Contact an Attorney When Starting a Business.
Appendix D: Choosing a Legal Business Entity.
Appendix E: Business Information Sheet.
Appendix F: Sample Business Valuation - Main Street Florist.
Appendix G: Sample Term Sheet for 100 Percent Asset Purchase of an Existing Business.
Appendix H: Multiple Shareholder Legal Questionnaire.
Appendix I: the Partnership Charter Process.
Appendix J: Books Worth Reading.
About the Author.
Posted October 27, 2008
This book provides the reader with the tough questions she should ask (especially of herself) and guidance in analysis of the answers. It provides a lot of detailed information to help those considering business ownership on whether they should start-from-scratch, buy existing, partner, purchase a franchise or remain an employee. Chapter 1 is a must read for any woman even thinking about starting a business or in their first year of ownership. This Chapter is to business ownership the same as Kindergarten is to Elementary School - essential preparation. This Chapter provides a huge amount of soul searching and explains the necessary mindset to be successful and happy. It also discusses that factor with which so many women struggle - permission to be a successful, money earning business person. Chapter 2 provides explanations to professional/career women who are considering business ownership about where they are and why. This is a very good exploratory book with great explanations. It strips away the candy coating and provides a good mix of nuts & bolts, dollars & cents, philosophy & psychology. One of the best aids provided by the book is the help in understanding how much control you want and can handle and how that should play into your decision process. The latter chapters provide great details on business types, valuation, legal documents and many other critical pieces of information. I would recommend this book to those women who attend my workshop or read my book ("Capitalizing On Being Woman Owned") because they are trying to make the life changing decision about business ownership.Was this review helpful? Yes NoThank you for your feedback. Report this reviewThank you, this review has been flagged.