Whether you're just dreaming about taking the entrepreneurial plunge or are intent on doing it, consider our list of the top 10 cities for
young owners of a new business.
Back in the 1990s, when he was working at Cape Mentelle in Margaret River in Western Australia, winemaker John Durham read about Elisabetta Foradori, the charismatic
young owner of a family wine estate in Trentino, northeast Italy, who was helping to revive the fortunes of a local red grape variety called teroldego.
But once brought to life, audiences responded to 2012's «The Best Exotic Marigold Hotel,» which boasted an impressive cast of veteran actors, including Oscar winners Maggie Smith and Judi Dench, as well as Bill Nighy and Tom Wilkinson at the top of their game, Dev Patel («Slumdog Millionaire») as Sonny,
the young owner of the hotel, affectionate direction by John Madden («Shakespeare in Love») and a script about lost love, dying love and clashing cultures by Ol Parker.
The affordability of collectible examples has also led
younger owners of the modern Mini to take over ownership of the classic examples from the baby boomers who had them.
For example,
the young owner of a software startup might have no credit history.
The young owner of O'Reilly's pops out; he seems to know every single denizen of the street.
Not exact matches
Launched by Scott Gerber, founder
of the
Young Entrepreneurs Council (and an Inc.com columnist), Startup Insurance isn't an exchange so much as a broker for insurance options tailored specifically to entrepreneurs and small - business
owners.
Yummy Yammy
of Vermont was born
of owner Lisa Johnson's desire to get the nutritious so - called «super food» sweet potato into her two
young daughters» diets more frequently and easily.
John Gerzema
of the advertising agency
Young & Rubicam wonders if Starbucks is sandboxing a new back - end service similar to what Amazon.com provides to small online retailers: Independent coffee - shop
owners could plug into Starbucks distribution network but still retain local credibility and control, and the «Bucks could expand its business without adding retail locations.
With a straight face, a
young salesman at one company asked the
owner, «Gee, what was it like in the recession
of» 91?»
«Years ago when I was very
young,» recalls Taffer, the host
of TV show «Bar Rescue» and a former business
owner, in a recent interview with Business Insider, «a VP
of Hyatt looked at me and said, «You look, but you don't see.»»
According to Industry Canada, only 12 %
of SME
owners are
younger than 40, only 22 % were born outside
of Canada, and only 16 % are majority female - owned.
A succession plan is a two - sided coin: ensuring business continuity for existing clients at
owners» firms, and training the next generation
of young financial planners.
That's a contested issue in the blogosphere with some saying today's
young people are a born generation
of business
owners and others arguing they're simply victims
of the terrible economy forced into finding alternate routes to employment.
This year's awards are open to all Australian business women that meet the entry criteria in the following categories: * Westpac Group Business
Owner Award (
owners with a 50 per cent share or more in a business, with responsibility for key management decision making); * Australian Government Private and Corporate Sector Award (employees in the private and corporate sectors, or
owners with less than a 50 per cent share
of a business); * Hudson Community and Government Award (employees
of government departments, statutory bodies and not - for - profit organisations); * Panasonic
Young Business Women's Award (women aged 30 years and under, with any
of the above criteria).
Even though some
of the best talent working for small businesses these days is
young and doesn't always see the value in things like healthcare or life insurance, business
owners will be better able overall to attract and retain good employees by offering those benefits.
It's a word that, here, does not so much connote an actual small - business
owner as a feeling — an image
of the
young worker in the 21st - century gig economy who DJs on the weekends and, while almost certainly doing underpaid and entirely precarious labour, has earned the right to work from her local coffee shop in the slouchy drop - shoulder crewneck
of her choice.
Edwin Matos co-founded drug - safety consulting company BioPoint in 2011, but his dreams
of becoming a successful business
owner began long before that, when he was the
young son
of immigrants growing up in the Bronx.
According to The Kauffman Firm Survey, 50 to 75 percent
of young firms use capital injections, most
of which comes from
owner investments or sources other than banks, while 19 percent use bank loans.
Ideal candidates are
young or first - time business
owners, who are likely to get ousted from the helm as the number
of investors grows anyway, or serial entrepreneurs who are already dreaming
of their next project.
But McDermott - the
young deli -
owner who won customers from the incumbent 7 - Eleven by virtue
of being smaller and more nimble - arguably now has the opposite challenge on his hands.
Avion Spirits LLC,
owner of a fairly
young but rapidly growing tequila brand, agreed Friday to sell a «significant majority stake» to Pernod Ricard in a deal that could further propel the premium priced tequila in bars and liquor cabinets.
Ninety - eight percent
of TSS Photography and
Young Masters franchisees are first - time business
owners, and it's a huge step for them.
Albertsons is going to launch a digital marketplace for small or
young brands, the
owner of the Safeway and Von's grocery chains announced on Tuesday.
For the
owners of young businesses, relationships with outside accountants can be a crucial component in forging successful growth strategies.
When Millennial Branding and analytics company Identified.com combed through millions
of Facebook profiles recently to glean insights about how the social network is being used professionally, they discovered something surprising — among
young people (so - called Gen Y) the fifth most popular job title was «
owner.»
-- Daniel
Young, co-founder
of the awarded property investment group BInvested and
owner of 70 + investment properties.
At 5 Times Square, the Manhattan headquarters for Ernst &
Young LLP, the
owners are close to securing a five - year loan to pay off $ 1 billion in debt that comes due in March, according to Scott Rechler, chief executive officer
of RXR Realty, which owns 49 percent
of the building.
She was the second
youngest agency
owner and one
of only two people under the age
of 25 to ever be Google Partners All - Stars Award Winners.
He is the one in a billion — at least when it comes to being a
young business
owner who is in the driver's seat
of his company's destiny.
, some
of our
younger investors who don't know any other environment might be surprised if / when the Federal Reserve takes an action that might impact the «haves» (stockholders and real estate
owners).
Getting these
young customers as lifelong clients is key, and this is something that a lot
of business
owners are going to be able to do if they put a lot
of effort into being ethical business
owners right from the start.
My grandfather bought me my first NRA membership when I was
young, and I have the same pride he and many Americans feel at being responsible gun
owners, becoming excellent marksmen and joining in the camaraderie
of hunting.
Andrea Banducci, 31, co-owner
of Pure Barre St. Paul, attributes her success at a
young age to the community
of Pure Barre
owners, «I think it would be a lot more intimidating -LCB- to open my own studio -RCB- if there weren't such a great group
of owners that have provided support along the way.»
According to the SBA [PDF], just under 16 percent
of small - business
owners are
younger than 35, while more than half (51.7 percent) are 50 or older.
This breakdown skews much
younger than the overall population
of small - business
owners in the United States.
This bias is reflected in the age breakdown
of our respondents, who were significantly
younger than US small - business
owners overall.
Because
of the extensive media coverage
of young tech entrepreneurs, most people think the average small business
owner is a 20 something techie who needs a shower.
A 2015 study
of Internet use distribution found that only about 27 percent
of Internet users are 55 or older, meaning our survey likely found its way to primarily
younger business
owners simply because they were more likely be using sites where the survey appeared.
The brand is not connecting with
young buyers, said Alexander Edwards, president
of Strategic Vision, which conducts large surveys
of vehicle
owners and buyers.
Conversely, older Business
Owners are more likely to market or publicize their companies via newspapers and / or magazines (almost four - in - ten vs. 27 percent
of the
youngest Business
Owners).
The
youngest entrepreneurs ages 21 - 45, are more likely than their older counterparts to use Facebook (71 percent vs. 50 percent
of business
owners ages 46 - 60 and 35 percent
of those 61 and up).
Even without that we know what a lot
of Roman men did with their
younger male slaves and its obvious a slave
owner isn't going to be so distraught in saving a piece
of property he could easily replace unless he was in love.
Forty - four percent
of young pet
owners see their pets as «starter children.»
When the author recalls the long gallery
of persons whom, in the course
of this inquiry, he has come to know with the impetuous but temporary intimacy
of the stranger — sharecroppers and plantation
owners, workers and employers, merchants and bankers, intellectuals, preachers, organization leaders, political bosses, gangsters, black and white, men and women,
young and old, Southerners and Northerners — the general observation retained is the following: Behind all outward dissimilarities, behind their contradictory valuations, rationalizations, vested interests, group allegiances and animosities, behind fears and defense constructions, behind the role they play in life and the mask they wear, people are all much alike on a fundamental level And they are all good people.
Today,
younger brother Joel is the
owner of Baker Mills and runs it with the same principles upon which it was founded — using only the finest and most wholesome ingredients available.
As an
owner of these sophisticated presses you gain other advantages than attracting
young operators — namely that you are prepared for the Internet
of Things and gain a solid foundation for expanding your offering to the market within narrow web printing.
Roberto Santibañez, a
young talented Mexican chef, received an invitation from Josefina Howard, chef, restaurateur and author, then
owner of Rosa Mexicano (said to be the best Mexican Restaurant in NYC) to become her right hand man in New York.
Jared Batson,
owner of Nomad Pizza in Chicago, has quickly established himself as one
of Chicago's foremost
young pizza masters.
Brent
Young, the
owner of the Meat Hook in Brooklyn and self - described «guy who really loves Pittsburgh,» is overseeing the Ace Hotel's 110 - seat restaurant.