Nearly 5.4 million new business applications were filed in 2021, up from 4.3 million the previous year, according to the U.S. Census Bureau. But to succeed as an entrepreneur, you need dedication and should be “armed with information,” according to Zuleyka Strasner, founder and CEO of Zero Grocery, a plastic-free online delivery service that operates
Small Business
Joe Raedle | Getty Images News | Getty Images The latest Consumer Price Index reading, the highest in four decades, isn’t the only sign that inflation is extending rather than giving up its hold over the U.S. economy in 2022. An increasing number of American small businesses say they are now passing on higher costs
andresr | E+ | Getty Images Almost two years into the Covid-19 pandemic, many small businesses are still struggling. While financial assistance for those impacted by the crisis has ended, some of the hardest hit industries, including gyms, hotels and restaurants, are pushing for more relief. For many, the omicron surge dealt a big blow.
The Studio Theatre in Little Rock, AR Jennifer Schlesinger | CNBC After months of limbo and mounting debts, the Studio Theatre in Little Rock, Arkansas, got some welcome news from the Small Business Administration in early February. The small nonprofit theater has had its denial for aid through the Shuttered Venue Operators Grant Program overturned.
Major tech companies are opening offices in Atlanta, hoping to capitalize on the technology talent in the city, especially the Black talent. Silicon Valley-based Apple and Google parent Alphabet as well as Redmond, Washington-based Microsoft have all set up shop in Atlanta in recent years. Headquartered near San Francisco, payments giant Visa is also opening
Chelsea Kidd quit her job in 2021 to start SiteWell Solutions, a wellness consulting business focusing on remote workers. Source: Chelsea Kidd The “Great Resignation” has workers leaving their jobs in droves. Yet they aren’t all looking for a new company to work for — many have opted to go into business for themselves. In
In this article GSBD Briana Thompson, owner of Spiked Spin, is optimistic about her company’s future, despite having a turbulent time during the Covid-19 pandemic. Source: Briana Thompson The Covid-19 pandemic has been far from easy for small business owner Briana Thompson. Her Brooklyn, New York-based boutique spin studio, Spiked Spin, had only been open
In this article PAYX Small business owners are starting to fill-up their staff rosters again as certain Covid-era programs end and inflation rises, Paychex CEO Marty Mucci told CNBC on Tuesday. “Some of the things that are drying up, per se, the child tax credit, that was really impacting 30 million different households,” Mucci said
BET founder Bob Johnson told CNBC on Tuesday the Biden Administration needs to take additional steps in its Build Back Better plan to tackle the wealth gap between Black and white Americans. “What I look at is, what can you do to increase Black wealth? And that means you got to put more capital at
The storefront of Mark Shriner’s small business, The Coffee House, in downtown Lincoln, Nebraska. Courtesy: Mark Shriner Mark Shriner needed help. It was spring 2020, and his coffee shop in Lincoln, Nebraska, was at risk as the Covid-19 pandemic forced small businesses like his to close their doors. So he sought assistance from the federal
Getty Images Millions of Americans are taking a step back and rethinking their work lives amid the “Great Resignation” and ongoing coronavirus pandemic. A record 4.5 million people quit their jobs In November, according to data from the U.S. Department of Labor, continuing a trend of workers leaving employers in droves. Some of those workers
Dr. Martin Luther King, Jr. speaking before crowd of 25,000 Selma To Montgomery, Alabama civil rights marchers, in front of Montgomery, Alabama state capital building. On March 25, 1965 in Montgomery, Alabama. Stephen F. Somerstein | Getty Images Community leaders and their enterprises are vital to promoting economic mobility in the U.S., especially in challenging