Monday, April 25, 2016

Factors to Consider Before Starting a Business

According to SCORE, there are currently 9.1 million woman-owned small businesses employing 7.9 million people and generating $1.4 trillion in annual revenue.
From creating jobs to making capital investments and contributing to our local community, women entrepreneurs are an incredible force in today’s economy. As the number of women-owned businesses grows, there are more opportunities for women to succeed in business ventures today than ever before.
Before you start your business, answering the four questions outlined in the following article will make the process smoother, less stressful, and go a long way towards ensuring your business thrives.

Read more:  Four tips for women opening a small business

Monday, April 18, 2016

Women-Owned Businesses Thriving

According to the JournalStar.com, between 2007 and 2016, the number of women-owned firms nationwide increased 45 percent, compared to just a 9 percent increase among all businesses. Nebraska saw a 34.4 percent growth in women-owned firms over the past nine years, placing it 23rd among all states for growth in that area. Nebraska also saw a 12 percent growth in women-owned firm revenue between 2007 and 2016, placing it 46th among all states.

That's why Christy Nelson decided last year to start her own craft studio, one of the first places she looked was at her neighborhood’s business district just west of Union College. A consignment clothing shop had recently closed its doors, and though the retail space was larger than she needed, Nelson decided to consider it.

She opened her shop, Lincoln Craft Studio at 4720 Prescott Ave., in March, making her the newest addition to a business district that has largely become defined by the many female business owners who call it home -- the business district just west of Union College.

Read the entire article:  Enclave of women-owned businesses thriving in College View

Screenshot:  Megan Hasselbalch, owner of Paper Kite (photo credit:  Kristin Streff/Journal Star)

Monday, April 11, 2016

WPO 19th Annual Conference in Baltimore a Huge Success!

©2016 Laurel J. Delaney.  All rights reserved.
The WPO 19th Annual Conference in Baltimore 2016 was a huge success.  The above photo captures the closing ceremony acknowledging all the WPO staff on a stage.  Big thanks to everyone who worked so hard to make the WPO conference a winner, including Betty Hines and her chapter members!

Next year's conference will be held in Orlando, Florida May 4-6, 2017.  Mark your calendar now.

Monday, April 04, 2016

Scaling Your Business For Growth

©Women Presidents' Organization.  All rights reserved.
According to the Women Presidents' Organization, addressing business growth in a highly systematic and strategic way is an important consideration for today's successful women-led and owned companies.

"Scaling for Growth" is the theme of the 2016 Women Presidents' Organization Annual Conference in Baltimore, MD on April 7 – 9 at the Baltimore Waterfront Marriott. From growing a brand to effective crisis management and the power of disruptive business ideas, the three-day conference offers total immersion in important aspects of scalable growth.

I'll be there.  Will you?

Read more:  Successful Women Entrepreneurs From Around the World Focus On How to Scale Their Businesses For Growth

Monday, March 28, 2016

Step Away

Most business owners want to grow their businesses. But for that to happen, the person at the helm has to be able to step away and know things will run smoothly while they are gone.
Decision-making can’t be totally dependent on one person, as that person may not always be in the capacity to make the best decisions.
What's a business owner to do?  Develop a process and be systematic about it.  After all, you want to not only scale your business for growth but also be able to take a vacation once in a while!

Read:  Scale Your Business:  How to Systematize for Success

Monday, March 21, 2016

Two WPO Chicago Rockstars

The Edward Lowe Foundation rocks but not just because they feature some of our WPO Chicago members on their website.  (Yes, that's nice too!)  Rather, it's because they offer a wonderful program for second-stage business owners that helps them create empowering workplaces.

Below are two recent Rockstar interviews.  One on Alison Gutterman (top left; Jelmar) and the other on Michelle Vondrasek (Von Technologies).

•  On the same wavelength:  Von Technologies
•  Green, clean dynasty:  Jelmar LLC

Monday, March 14, 2016

Women Making a Dent in the Universe

Below are five (5) unstoppable female entrepreneurs making their dents on the world.  If they are not already a WPO member, they should be.
  1. Sophia Amoruso (pictured), founder of Nasty Gal
  2. Katia Beauchamp, co-founder of Birchbox
  3. Hayley Barna, co-founder of Birchbox
  4. Erica Nicole, founder and CEO of YFS Magazine
  5. Alexa von Tobel, founder and CEO of LearnVest
Read more here.

Photo credit:  Sophia Amoruso of Nasty Gal Facebook