Small Business

Kevin O’Leary Scott Mlyn | CNBC Investor Kevin O’Leary knows firsthand the challenges entrepreneurs on Main Street are facing during the coronavirus pandemic. Many are struggling to survive to economic shutdowns and the rapid shift to the digital economy. “Twenty percent of the small private companies in my portfolio are going to fail,” he said

Amazon’s annual two-day Prime Day sales event kicks off on Tuesday, Oct. 13 after the coronavirus pandemic delayed the event for months.  For the more than 1.7 million small- and medium-sized businesses around the world that sell their products on Amazon, the massive annual shopping event could help provide a boost in a year that’s

Small businesses line Bagley Avenue in the Mexicantown neighborhood of Southwest Detroit, Michigan. Bryan Mitchell | Bloomberg | Getty Images As gridlock over another round of stimulus for small business in Washington continues, 5 million Latinos are at risk of bankruptcy, a new study reveals on Monday. Pre-pandemic they were the fastest-growing cohort on Main

John MacDougall | AFP | Getty Images Come Oct. 13 and 14, Amazon’s annual two-day members-only online sales extravaganza Prime Day will bring customers over one million deals on myriad products in popular categories including home accessories, toys, and electronics. But in addition to providing shoppers with steep savings starting at midnight PST on Tuesday, the

Kirby Hamilton | Getty Images For some small-business owners, watching their larger peers file for bankruptcy may do little to ease fears about their own financial solvency. With the coronavirus pandemic continuing to take a toll on the economy, Ruby Tuesday has become the latest large restaurant chain to seek protection under the U.S. bankruptcy code.

Silvia Lucci, her husband (left), and son (right) are part of the family team behind LUHV Foods, and its successful outposts, such as their vegan deli at Philadelphia’s famed Reading Terminal Market. Julietta Lucci When Jennifer Rodriguez relocated to Philadelphia in the late ’90s, the once-bustling South Philly neighborhood of Italian Market was in decay.

As talks in Washington, D.C. over a new round of financial and economic stimulus continue, Stanford Graduate School of Business lecturer and small business advisor David Dodson doesn’t like what he sees on Main Street or for the U.S. economy. Dodson, who once ran for the U.S. Senate in Wyoming and has served as CEO

After calling off broader talks on an economic stimulus package, President Trump reversed course Tuesday night, urging Congress to approve smaller relief measures, including funding for small-business loans. Yet there is still a great deal of uncertainty about when another stimulus bill will deliver emergency aid to millions of Americans impacted by Covid-19 pandemic, including

Melissa Bradley founded 1863 Ventures to help women and people of color jump start their businesses. Source: Melissa Bradley Melissa Bradley’s mission to help women and people of color build their businesses stems from the hardships she faced as a young entrepreneur. The 52-year-old, co-founder of the mentorship tech platform Ureeka and a Georgetown University

An interior view of the Supreme Court shows the bench draped with black bunting in honor of the late Justice Ruth Bader Ginsburg in Washington, U.S., in this handout photo released to Reuters on September 20, 2020. Collection of the Supreme Court | Reuters Less than 45 days before the election, Justice Ruth Bader Ginsburg

Erin McClellan, owner and lead designer of Sprigs Floral Designs in San Luis Obispo, Calif. Blake Andrews | Slotography In 15 years of running a business, this year has proven to be the most difficult for Erin McClellan, owner of Sprigs Floral Designs in San Luis Obispo, California. And it turns out 2020 had one

CNBC’s Jim Cramer said Friday that he will soon be shuttering his New York restaurants due to the coronavirus pandemic but hopes to restart business when the public-health crisis improves. “I’m closing my restaurants and I’m closing them in 10 days,” Cramer said on “Squawk on the Street.” ”I’m mothballing them. When we get a vaccine,

Speaker of the House Nancy Pelosi, D-Calif., speaks during her weekly news conference in the Capitol in Washington on Thursday, Sept. 24, 2020. Caroline Brehman | CQ-Roll Call, Inc. | Getty Images As House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin try to hash out another coronavirus relief package, distressed business owners continue to

Starting a new business can be an exciting time, laden with opportunity and risk. For many small business owners, starting (or expanding) a business with a partner can offer significant advantages, from the ability to raise additional capital to new and complementary business skills. But business partnerships can pose their own challenges, so it’s important

Francesco Carta fotografo | Moment | Getty Images For small-business owners facing pressure amid coronavirus, even going broke will cost them money. Some 610 businesses in the New York City region filed for bankruptcy from March 16 to Sept. 27, an increase of 40% from the year-ago period, according to Bloomberg. But there’s more to

People wearing facemasks wait to buy vegetables at a market vegetable stall as essential retailers reopen from the coronavirus (Covid-19) shutdown. SOPA Images | LightRocket | Getty Images Smaller-sized businesses have been battered during the six months of the coronavirus pandemic but are feeling confident about their ability to withstand a second wave, according to

Bobbi Brown, who left her eponymous cosmetics company in 2016, is now founder and CEO of Beauty Evolution. Source: Ben Ritter Navigating the pandemic hasn’t been easy for business owners. Serial entrepreneur Bobbi Brown is no exception. The beauty icon, who sold her eponymous cosmetics company to Estée Lauder in 1995, is now founder and

A cone to promote social distancing sits on the floor of a restaurant and bar in Austin, Texas, U.S., on Saturday, May 23, 2020. Alex Scott | Bloomberg | Getty Images Governors across the U.S. are allowing restaurants to reopen, some limited to outdoor dining but others at full capacity. A new survey shows one reason

There may be a surprising silver lining to the Covid-19 crisis for some small businesses. Nearly 60% of small business owners said there has been at least one positive thing to emerge from managing through the coronavirus pandemic that will be continued by their organization in the future, a new report has found. Wilmington Trust’s

Waring Abbott | Michael Ochs Archives | Getty Images When architect David Mason started David Mason & Associates, his infrastructure engineering company in St. Louis in 1989, it was a two-man operation, run from a 10 x 12 room. He and his business partner, James O. Hacking, did business development during the day, then worked