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
Retired NBA star Yao Ming goes from the basketball court to the tasting room, as he starts his own Napa Valley wine company: Yao Family Wines.
While many small businesses have sought new avenues of exposure through daily deals sites, many have found that such campaigns attract bargain-hungry consumers who use their coupons and never return. There are better ways to keep customers coming back.
With the 150-day basketball strike ending and the first games returning on Dec. 25, an innumerable number of small-business owners are now breathing a sigh of relief.
Forced to pay back loans shortly after graduation, many soon-to-be graduates say they would take any job they could find, even if was something far outside their field of study. This exercise will likely set them back for years, pushing their entrepreneurial desires to the back burner, if not off the table entirely.
A new survey from Newtek Business Services released today reveals small business owners’ concerns on health insurance and how they feel about potential changes in the system should ObamaCare be enforced.
In the current climate of tight credit and weak consumer demand, excess inventory can threaten the survival of both tiny companies and huge ones. Because of this, business owners are focusing on the exacting discipline of inventory management, the art of fine-tuning the mix of stock on hand to maximize profits.
Americans are unprepared for retirement, so much so that it's reached crisis levels, according to a new survey of small business owners.
On Small Business Saturday, shoppers from coast to coast enjoyed discounts and giveaways at local businesses as they took a somewhat more civilized approach to holiday buying.
Austin restaurant owner Jack Allen is sleeping and playing guitar on the roof of his building as a way to draw in customers in the sagging economy.
Buy Young is a national movement to drive the Millennial Generation to become entrepreneurs and start their own businesses — rather than wait for more jobs to open up in today’s rough economy.
Some workers who toil in corporate cubicles view entrepreneurship as the cure for all workplace ills. Only when they run a business do they discover reality is much different.
The way to beat the big box stores? Ted Frankel, owner of Tom's Toys, tells Squawk on the Street that selection and service are often better at smaller shops.
As retailers compete for shoppers' dollars on this kickoff weekend to the holiday shopping season, the best deals may not be at the malls' anchor stores, but at the auto dealership anchoring local business on Main Street.
With the success of online deal sites including Groupon, hundreds of imitators have cropped up. But some small-business owners have doubts about the business model's effectiveness.
Public dissatisfaction with big banks have erupted over bailouts, fees, and impersonal service. Energized in part by the Occupy Wall Street movement, Bank Transfer Day, also known as Move Your Money Day, encouraged consumers to consider giving their business to smaller banks.
The iconic Gibson guitar is manufactured in the United States, but it has not been easy to keep it here. Federal logging regulations are making it difficult for the company to get the materials it needs. CNBC reporter Brian Shactman has the story.
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