Created by American Express and celebrating its sixth year, Small Business Saturday sales could exceed $14 billion this year.» Read More
Today's trends become tomorrow's realities. And while trends are intriguing to learn about for their own sake, they should abe an important component of your strategic thinking and planning for your small business as you head into 2012.
Restaurants that have filed for Chapter 11 bankruptcy protection this year, including Friendly’s, Chevys, Sbarro and Perkins, barely bringing in enough cash to cover basic expenses. Yet they somehow keep hanging on — leaving too many restaurants chasing after scarce dining dollars.
Small businesses saw a slight improvement in the economy in November, according to just-released survey results from The Small Business Authority. But whether that confidence in growth continues remains to be seen, said Barry Sloane, president and CEO of Newtek Business Services.
With dogs substituting as children in many families, doggy day care is an industry that is growing despite the flailing economy. Owners spent an estimated $51 billion this year on their pets, including $3.65 billion on services such as boarding and grooming.
Like most years, 2011 presented challenges to small businesses. Let's look back at some of the most significant trends and happenings affecting small companies this past year.
Increasingly, consumers are bombarded with questions at the checkout counter. In a down economy, merchants not only want to impress customers with attentive service, they are also using sophisticated "business intelligence" software to boost their bottom lines, the Christian Science Monitor reports.
If you need another indicator about the state of the economy and consumer finances, look no further than your local pawn shop. spacerBusiness is booming, Las Vegas pawn shop operator Rick Harrison, star of the "Pawn Stars" reality television show, told CNBC Friday.
Heading into 2012, we're still facing a challenging economy, but it almost doesn't matter because there are so many ideas for savvy startups and business owners to capitalize on. Here are three to watch in the new year.
A few tips to help you decide whether a particular franchise is the right investment for you.
There's a pent-up pipeline of entrepreneurs who have put off selling their small businesses in recent years because of the economy. Now that many of these companies have at least one year of profits, they are more attractive to potential investors.
Faced with soaring unemployment rates, many returning Iraq and Afghan war veterans are taking matters into their own hands by starting their own businesses.
Sure, small businesses care about taxes: who pays, and who gets a break. But Washington needs to pay attention to bigger issues, such as stemming the out of control deficit, reducing regulation, and incentivizing small businesses to expand and hire.
The average cost to start a business in America is only $325 and the average amount of time it takes to start one is a mere six days, reports Intuit. Here are five strategies to jumpstart your new enterprise without breaking the bank.
Small, independent retailers, many of them mom-and-pops selling off-beat items, are increasingly popping up in shopping malls that have historically been filled by big brand-name retailers such as Gap and Victoria's Secret.
A wrap-up of news in small business.
According to a survey by American Express OPEN, it takes a small business contractor, on average, 4.4 tries before landing its first federal contract. The survey, which polled 740 contractors, also found that they are investing more money even as they bid on fewer contracts.
With the entrepreneur perpetually on-call, the spouse and family can easily feel lower on the priority list. Here's how you can build a successful business without sacrificing your family.
With just five days left until Christmas, time is running tight for entrepreneurs, startups and small business owners alike to rack up holiday sales, and tie a nice bow around that Q4 balance sheet.
A wrap-up of news in small business.
Concerns about consumer spending, combined with lack of access to credit and “negative rhetoric coming out of Washington,” are stymieing franchise growth, according to a survey by the International Franchise Association.