In this episode, Melinda Emerson kicks off with a warm welcome to The SmallBizChat and highlights National Small Business Week. She shares recent news affecting small businesses, then delves into strategies for growth, drawing on her 26 years of entrepreneurial experience. Melinda contrasts the startup processes of the past with today's landscape and evaluates ownership options such as franchises and acquisitions. The discussion turns to thriving in challenging economies, focusing on recession-resilient sectors and the role of AI. Finally, Melinda outlines resources and support available for business owners, offering encouragement and insight.

(0:00) Introduction and welcome to The SmallBizChat

(1:22) National Small Business Week and recent small business news

(2:28) Strategies for growth and key lessons from 26 years in entrepreneurship

(7:28) Comparing business startup processes: Then and Now

(9:26) Evaluating business ownership options: Franchises and acquisitions

(13:34) Thriving in challenging economies: Recession-resilient sectors and AI

(15:27) Resources and support available for business owners

(17:00) Closing remarks and final thoughts