The Thanksgiving holiday comes in the midst of one of the busiest times to be a business owner. The rush of planning that takes place going into the holiday season is one that can seriously drain the time resources that would otherwise be dedicated to family time. Fortunately, small business owners can manage their family and business commitments if they plan strategically. Take travel time into account if you are visiting family. The time that it takes you to go to and from your final Thanksgiving destination is important to factor in to your planning. You may be tempted to project an optimistic number when allowing for time spent traveling, but be aware that you may encounter holiday traffic depending on your area and the weather. It’s better to allow yourself a bit of cushion rather than lose your cool while trapped in a traffic jam because you will miss a meeting you scheduled too close to the holiday. If you must be productive while

We love our family and friends, but when it comes to running a business, the stress of the situation has the potential to throw a serious monkey wrench into important relationships. If you are sure that you want to go into business with someone who is close to you, making sure that you take pains to minimize the risk and mitigate the potential for disputes down the road is of the essence, lest you find yourself short of both a business and your business partner. The good thing about having someone you are close with on your team is that you already have a strong rapport, trust each other and share passion that can be explosive behind the right idea. Whether your intention is to turn your business into a family business that can last for generations, or to turn a longtime dream you’ve shared with a friend into a reality, make sure that you cover yourselves against every chance of conflict. While you will

Work is essential to the realization of your entrepreneurial goals. There is a lot that small business owners are willing to give up or do without in order to reap the satisfying rewards of running a successful business. But one of the things that can supersede the desire to push forward is a need to spend time with family members and other loved ones. It’s part of what allows us to keep working and making progress towards our dreams, and maintaining a connection to your support network should not be allowed to fall to the wayside while you run your business. Managing a work life balance calls for some strategic compromise. It will be unlikely that you are able to take off as much time from work as you would like to, just as it is unlikely that there won’t be any work related tasks that can wait for a little longer. The trick to making sure that you can have both is learning to identify

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