As main street businesses are continuing to make a comeback post-pandemic, they’re facing down the triple threat of supply chain headwinds, labor constraints and historic inflation. For some, borrowing to invest, grow, or simply stay afloat, is top of mind. Data from Goldman Sachs’ 10,000 Small Business Voices “Small Businesses on the Brink” survey finds
Small Business
In this article TSLA There’s an opportunity for entrepreneurs in the electric vehicle market. Electric vehicles are sweeping the auto industry, and while all the attention is directed at flashy car unveilings and automakers’ strategic plans to compete in an electric future, one crucial piece has largely been left out of the limelight — service.
Elizabeth Frantz | Reuters A majority of small business owners on Main Street say they support more financial relief from the federal government, but the resolution of the battle in Congress last week over the spending bill for the federal government shows that it may not be coming. This shouldn’t be a surprise. With fiscal
Janice Chen (C) and her Mammoth Biosciences co-founders Trevor Martin (L) and Lucas Harrington (R). CRISPR gene editing pioneer and Nobel Prize winner Jennifer Doudna is also a co-founder. Along Highway 101 north of the San Francisco Airport, a break-out biotech start-up named Mammoth Biosciences co-founded by Nathan Chen’s sister Janice in 2018 is fast
Doug Langley clears the combine harvester’s head from weed before he starts harvesting, during the wheat harvest in Shelbyville, Kentucky, June 29, 2021. Amira Karaoud | Reuters Many rural Americans may have stronger finances than urban dwellers, but their wealth may lack diversification, jeopardizing a more secure retirement. That’s according to a report from the
To succeed as an entrepreneur, having a playbook for how to scale your business and process feedback is key, according to Zuleyka Strasner, founder and CEO of Zero Grocery, a plastic-free online grocery store that operates in San Francisco and Los Angeles. “Starting a company, scaling a company is exceptionally hard,” Strasner said. “I was
Damircudic | E+ | Getty Images Women receive a small fraction of venture capital funding and closing the investment gender gap could drive economic growth, according to a new report from Citigroup. Female-founded companies received only 2.1% of venture capital dollars invested in 2021 in the U.S., according to PitchBook. “Lack of access to finance
A “now hiring” sign is posted in the window of a restaurant in Los Angeles, California on January 28, 2022. Frederic J. Brown | AFP | Getty Images The latest nonfarm payroll report shows a labor market nearing a recovery to pre-pandemic levels, but small business owners across the U.S. say that finding and keeping
In this article INTC U.S. first lady Jill Biden and others applaud her guest Intel CEO Patrick “Pat” Gelsinger in the first lady’s box as President Joe Biden mentions Gelsinger during his State of the Union address to a joint session of the U.S. Congress in the House of Representatives Chamber at the Capitol in
U.S. President Joe Biden delivers remarks on Russia’s attack on Ukraine, in the East Room of the White House in Washington, U.S., February 24, 2022. Leah Millis | Reuters As President Biden prepares to deliver his State of the Union address on Tuesday night amid a war in Ukraine that has enflamed global tensions, added
Dan Lauer, founding executive director of UMSL Accelerate Dan Lauer By all measures, Dan Lauer had a successful career. The banker turned entrepreneur created the best-selling children’s toy Waterbabies, and after selling 25 million of the realistic dolls, he wanted to give back to his alma mater, the University of Missouri-St. Louis Business School, and empower
Four-time NBA champion Shaquille O’Neal issued a stark warning to the Los Angeles Lakers Monday, saying despite an abysmal season, it would be a huge mistake to trade the team’s biggest superstar, Lebron James. “If you trade LeBron, you’ll never win again,” O’Neal said of the Lakers in an interview with CNBC. While the NBA