Thomas Barwick | DigitalVision | Getty Images Women entrepreneurs have long gotten a small slice of the venture-capital funding pie. Female VC leaders are trying to change that. In fact, opportunities abound for “wontrepreneurs,” said Julie Sandler, managing director at startup studio and venture capital fund Pioneer Square Labs, based in Seattle. She spends most
Small Business
In this article CMG Customers order from a Chipotle restaurant at the King of Prussia Mall in King of Prussia, Pennsylvania. Mark Makela | Reuters As the labor market heats up, Chipotle Mexican Grill announced Monday it’s raising pay for restaurant workers, reaching an average of $15 an hour by the end of June. The
Leo Lee and his wife, Lydia, relied on takeout and delivery services to keep their Los Angeles restaurant, RiceBox, afloat during the pandemic. Source: Leo Lee Like many small business owners around the country, Leo and Lydia Lee saw the earnings from their Los Angeles restaurant nosedive when the Covid pandemic hit. They also had
In this article ETH.CM= Gary Vaynerchuk holds a “VeeFriends” token, which is part of his part of his first NFT collection. Source: VeeFriends | Gary Vaynerchuk After weeks of teasing his drawings on Twitter, entrepreneur Gary Vaynerchuk announced Wednesday he’s launching his first NFT collection, “VeeFriends,” a series of 10,255 character tokens available for purchase
Vice President Kamala Harris speaks during a listening session on broadband internet at the New Hampshire Electric Co-op in Plymouth, New Hampshire, April 23, 2021, as she travels to the state to promote the administration’s economic plans. Saul Loeb | AFP | Getty Images As the White House attempts to sell President Joe Biden‘s multi-trillion-dollar
brightstars | E+ | Getty Images Amidst lives lost and prolonged hardship, the pandemic response ushered in a wave of unprecedented political polarization that has pained the country. But states across the country are finding new cause for broad bipartisanship in building the foundation for economic recovery. Indeed, last month, North Dakota became the 43rd
DreamPictures | Getty Images Small businesses and entrepreneurship are the backbone of the U.S. economy, but it can sometimes feel like the system is working against those who dare to venture out on their own. Access to opportunities, funding, knowledge, and support are critical for entrepreneurs to thrive. Take this quiz, created by the Ewing Marion
courtneyk | E+ | Getty Images President Joe Biden is asking for $80 billion to help the IRS crack down on tax avoidance from wealthy Americans and big corporations. The proposal seeks a boost in enforcement staffing, technology and additional bank reporting, measures that may generate an estimated $700 billion in tax revenue over the
As small business owners try to recover and rebuild in the wake of the Covid pandemic, they face a new hurdle: a lack of workers. A March survey by the National Federation of Independent Business found that 42% of owners had job openings that could not be filled, a record high. Ninety-one percent of those
In this article AXP ANA-ES Vice President Kamala Harris (C), Reign Free, Owner of Red Door Catering, Senator Alex Padilla (D-CA) and California Lt. Governor Eleni Kounalakis (D-CA) listen to Luz Urrutia, CEO of Accion Opportunity Fund (front left) and Allison Kelly, Executive Director of Inner City Advisors (Front Right) during a visit to Red
Chairs and tables are seen outside a closed restaurant in Washington D.C., the United States, on April 24, 2020. Liu Jie | Xinhua via Getty Images After a year of unthinkable challenges for the restaurant industry, targeted aid is on its way. The Small Business Administration’s Restaurant Revitalization Fund opened its portal Monday, allowing hard-hit
In this article UBER Source: goPuff If you order potato chips, toothpaste or over-the-counter medication through the Uber Eats app, it will soon be fulfilled and delivered by start-up Gopuff. The two Softbank-backed companies announced a partnership Tuesday. Gopuff focuses on what it calls “everyday essentials,” items you would find in a convenience store. “It’s
A small business owner in Chinatown, San Francisco Source: CNBC The Paycheck Protection Program has run out of money for most borrowers before its planned May 31 end, the Small Business Administration said on Tuesday. Going forward, the program will only accept new applications from Community Financial Institutions, which typically serve minority borrowers, as about
Robert Herjavec, CEO, Herjavec Group Scott Mlyn | CNBC Robert Herjavec, “Shark Tank” co-host and Herjavec Group founder, said the pandemic year has reinforced a basic lesson about speed as a success ingredient: small business owners need to move quickly and make tough decisions to survive. The speed of decision-making accelerated during Covid-19 in an
Life is Good was on the verge of filing for bankruptcy protection last year, according to its CEO, but the retailer managed to overhaul its business strategy in a matter of weeks to have its best year ever during the Covid pandemic. “When [Covid] hit, 50% of our business was wholesale … and that business
Tobi Parks surveys drinks at her recently reopened arts and music venue, xBk, in Des Moines, Iowa. Lily DeTaeye Like many small business owners, Tobi Parks saw her business devastated by the Covid pandemic. Parks had to shut the doors of her independent arts and music venu,e xBk, in Des Moines, Iowa, in March of
President Joe Biden greets workers during a visit at W.S. Jenks & Son hardware store in Washington, D.C., U.S., on Tuesday, March 9, 2021. Yuri Gripas | Bloomberg | Getty Images Small business owners across the U.S. are more confident, but just barely, as fears about price inflation, hiring costs, tax hikes and partisan politics
In this article ITPC Getty Images Real estate investors may soon pay more taxes on high-dollar transactions. President Joe Biden is asking for higher taxes on real estate transactions with gains of more than $500,000. The tax plan aims to help cover the $1.8 trillion American Families Plan, which pumps money into child care, paid
Taking risks can feel a lot easier if you have a safety net. For Tori Dunlap, founder of the woman-focused financial education company Her First 100K, that security came in the form of $100,000. Dunlap, 26, landed an entry-level marketing job after graduating college and soon learned that the corporate grind wasn’t for her. She
Bloomberg | Bloomberg | Getty Images April Harris of dessert company Keeping You Sweet, Melissa Butler of The Lip Bar, and Gwen Jimmere of Naturalicious share several things in common: they are Black female entrepreneurs who have succeeded building businesses on their own, and they have succeeded in winning deals with national retail partners including
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