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You’re not alone if you inherited the family business with no formal succession plan in place. About 64 percent of family companies don’t have a written succession plan, while another 19 percent have one “in progress.” Use these tips to find your footing after you’ve suddenly inherited the family business.

Do it right, and planning is easy to do, great for managing and developing accountability.

As David Sperstad learned more about the basics of small business ownership and the ins-and-outs of running a bike shop, he and his wife thought they might like to start their own shop.

Follow these 4 tips for success collecting market and competitive research for your business, both now and in the future.

Encore entrepreneurs start businesses for the first time as they near retirement age. Some are already retired, but seek a new path to help them feel reinvigorated in their older years.

If you avoid these major blunders from the start, your journey will be a bit less bumpy.

Gidgette and Ken Moshier decided to draw on their love for traveling and tea, as well as their small business backgrounds, to open the English Garden Tea Room.

An incubator is a place where startup and early stage companies can live. If your business is accepted into an incubator, you will receive resources to help you build your company.

Multiple studies show that owners who create business plans are much more likely to be successful as compared to those who don’t.

Yeast - Everything Homebrew is a specialty retail store selling equipment and ingredients for homebrewing beer, wine, cider, mead and soda. The shop provides introductory homebrewing and winemaking classes.