Chase Reed, 16 and still in high school, has opened a sneaker pawn shop in Harlem with his dad. And yes, they're making a profit.» Read More
When an unhappy customer posts a complaint on a social media site such as Twitter, Yelp or Facebook, you are at an immediate disadvantage. The complaint, right or wrong — and, isn't the customer always right? — is out there for everyone to see.
When the boss is unhappy, everyone is unhappy. And when the boss goes to the gym, everyone in the office can breathe a sigh of relief. That’s the conclusion of a recent study, conducted by researchers at Northern Illinois University, that found that stress and abusive behavior can be diminished with moderate exercise.
Brand experts and trademark lawyers say the value of simple, easily understood brand names has escalated in the Internet era because consumers are more likely to find such products while doing searches on the Web.
Because of downsizing and outsourcing, small to mid-size companies lack the depth of resources and employees who possess the high-level competencies required for leading other people. Rarely does a small company look for leadership aptitude when they are hiring for technical roles.
Small retailers are in serious trouble. All over America, they have been pushed to the brink of extinction. The assault began with mall stores and continued with big-box super stores, but the final blow may come from aggressive Internet merchants.
Cloud computing services make it easier for companies to share, update and access files, both internally and externally. And small businesses are driving the move to the cloud.
If you have a company, or an idea for a company, that can make an impact on people using social media, Reid Hoffman wants to talk to you. Hoffman, a partner at Greylock Partners and the executive chairman of LinkedIn, told CNBC Friday he sees a lot of opportunity for "great businesses" that create social networks that "can change people's lives."
Keeping up with the latest advances in the workplace isn’t easy. It’s not only workers who can fall behind. Entire businesses can, too. I know, because it happened to my company.
Wielded wisely, social media can help a growing business boost brand awareness, improve customer relations, garner market research, even bolster sales. As the number of people using social media rises, marketing experts say it's essential for even the smallest of companies to consider diving in.
Twitter Inc. on Thursday formally launched a service to allow small businesses to buy and place ads on the online messaging platform. Twitter hopes the new ad service will at least partially answer looming questions about its long-term business strategy.
We asked the owners of innovative and quirky pet products about their inspiration, and the growing appeal of their products.
Few people have the perspective that business brokers do on just how close some small businesses can come to closing their doors. Transferring business ownership is a delicate process at best, whether the business is sold to a third party or handed off to the next generation.
Most U.S. community banks "are actually doing quite well" although they still face some challenges in this economy, the acting head of the Federal Deposit Insurance Corporation told CNBC Thursday.
What’s with the focus on health? Given that the system in the U.S. is more or less a train wreck, there are simply a lot of problems that technology can fix — or at least that's what a new crop of entrepreneurs are hoping.
The economic and cultural effects of Jeremy Lin's breakout performance for the New York Knicks, have spread far and wide this week. But the biggest winners so far, aside from Knicks fans themselves, may be sports bars across the Big Apple.
One of the most popular booths at the World Ag Expo in Tulare, Calif., is Rodenator Worldwide. Why? You have to see it in action.
Small businesses across the nation represent the belief that hard work and ambition will result in success. The financial crisis saw those dreams washed away. Now, as small businesses owners and entrepreneurs take steps toward recovery, they should seek out their local community-based financial institutions.
Bryce Phillips named his store Evo, short for evolution. And that's how he thinks about his business: always changing to stay relevant. His company evolved from a one-man shop selling merchandise from liquidators at the age of 12, to a full-fledged business with 120 employees.
Mom and pop investors are snapping up homes and condominiums to rent out all over the country. They're capitalizing on a confluence of events: depressed home prices, rising rents and strong rental demand. They buy cheap, collect rent to cover costs, and hope to cash out when home prices recover.
The Great Recession and its aftermath may have a lasting effect on entrepreneurship, as the rate of unemployed people starting businesses has hit an all-time low, according to a report by outplacement consultancy Challenger, Gray & Christmas.
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