Building a Family Business: Smart Steps and Savvy Strategies for Success
Starting a family business is equal parts thrilling and terrifying. You’re blending the personal with the professional, which means there’s potential for deep fulfillment—but also for explosive Thanksgiving dinners if things go sideways. Unlike traditional business partnerships, family-run ventures come with unique emotional layers that can either be your biggest strength or your greatest liability. Success isn’t just about a great idea or a solid business plan—it’s about navigating relationships with
Innovative Ways to Simplify Vendor Agreements and Procurement Processes
If you’ve ever tried to push a vendor contract through the corporate machine, you already know how easily things grind to a halt. What starts as a simple agreement can morph into a drawn-out legal saga with layers of approvals and competing priorities. Procurement, despite its importance, often gets bogged down by outdated processes, fear of risk, and over-engineered workflows. But that doesn’t have to be your reality. Simplification is possible when you apply some modern strategies designed to remove
Biggest Financial Mistakes SBOs Make — and How Edgecombe County Entrepreneurs Can Avoid Them
If you're a small business owner, you know that every decision you make has the potential to make or break your company. That's especially true when it comes to financial decisions. One wrong move can put you in a hole that's difficult, if not impossible, to climb out of. To help you avoid making costly mistakes, the Tarboro Edgecombe Chamber of Commerce has compiled a list of some of the biggest financial mistakes small business owners make — and how you can avoid them. Read on to learn more.1. Budgeting