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Entrepreneurial and Small Business Operations Commons

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Full-Text Articles in Entrepreneurial and Small Business Operations

Owens Sawmill: A Family Business Facing A Social Responsibility Dilemma, Dianne H. Welsh, David Rawlings Jan 2007

Owens Sawmill: A Family Business Facing A Social Responsibility Dilemma, Dianne H. Welsh, David Rawlings

New England Journal of Entrepreneurship

This is a real case involving an SME that produces southern hardwood finished lumber. The family business faces a social responsibility dilemma in terms of displaced workers and limited job opportunities in the surrounding labor market if they purchase a new saw that would modernize production, improve profitability, and eliminate 50 percent of their labor costs. The most logical employment for these workers would be a cutter, loader, or hauler of logs, which have been determined to be some of the most dangerous jobs in the United States. This case requires students to examine the decision-making process of a modest …


Entrepreneurial Selection And Use Of Legal Counsel, Stephen J. Schanz Jan 2007

Entrepreneurial Selection And Use Of Legal Counsel, Stephen J. Schanz

New England Journal of Entrepreneurship

Entrepreneurs starting new ventures will encounter a host of legal issues requiring consultation with an attorney on an episodic or ongoing basis. It is critical that careful attention be given to the attorney selection process to properly match the needs of the company with the credentials of the attorney. Additionally, options should be explored regarding the billing and payment methodologies the attorney is willing to entertain. The financial resources and cash flow of young companies will likely have a direct impact on the financial agreements entered into with legal counsel. Further, companies desirous of offering the attorney a stake in …


Social Entrepreneurship & Direct Marketing, Todd A. Finkle Dec 2006

Social Entrepreneurship & Direct Marketing, Todd A. Finkle

Todd A Finkle

To assist the social entrepreneur with direct marketing decision, the authors examine the relationship between the risks and costs associated with direct marketing for nonprofit organizations. This is done by developing and presenting a framework centered on two uncertainty factors – the cost to implement a direct marketing solution and control over (e.g., ability to manage) resources. A transaction cost analysis (economic) argument is used to rationalize the importance for entrepreneurs to effectively manage these two uncertainty factors when implementing a direct marketing program. This is illustrated using a perceptual mapping of each direct marketing channel relative to the two …