Small Business

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

Phil Murphy, governor of New Jersey, speaks during a fiscal year 2020 budget address at the New Jersey State Assembly chamber on March 5, 2019. Ron Antonelli | Bloomberg | Getty Images Millionaires in New Jersey may not have many options to duck a new tax hike on their income. Earlier this month, Gov. Phil

JAG Images | Getty Images There has been a seismic shift in the job market as more Americans turn to freelancing during the pandemic. Over the last 12 months, their ranks have swelled to 59 million across a wide swath of industries. They now account for 39% of the U.S. workforce, according to UpWork, a

Steven T. Mnuchin, Secretary, Department of the Treasury during the Senate’s Committee on Banking, Housing, and Urban Affairs hearing examining the quarterly CARES Act report to Congress, in Washington, DC, U.S., September 24, 2020. Drew Angerer | Reuters One of the main draws of the Paycheck Protection Program was the ability to have loans forgiven

A store displays a sign before closing down permanently in Arlington, Virginia. OLIVIER DOULIERY/AFP via Getty Images States are poised to raise taxes on businesses starting next year and cut jobless benefits for workers as the coronavirus-fueled downturn continues to stress unemployment systems around the country. Industries like bars and restaurants that were hit hardest

Jon Nazca | Reuters Facebook is increasing its focus on the small business community, launching a new interface called “Business Suite” on Thursday which is targeted at small businesses that have struggled throughout the Covid-19 pandemic. The platform is available exclusively to small businesses at launch, according to a release from the social media and

The U.S. economy may be starting to recover from the coronavirus crisis, but many small-business owners are not.   After appearing on Shark Tank, Kelsey Moreira, 29, opened an edible cookie dough bar called Doughp on the Las Vegas Strip in 2019. “Even though I came out without a deal, I had a burst of confidence

Pedestrians wearing protective masks walk by a sign displayed outside a retail store in Harlem, New York City, saying it’s going out of business. Noam Galai | Getty Images Yelp on Wednesday released its latest Economic Average Report, revealing business closures across the U.S. are increasing as a result of the coronavirus pandemic’s economic toll. 

Svetikd | Getty Images More than one-third of the American workforce freelance amid the Covid-19 pandemic, contributing $1.2 trillion to the U.S. economy, a study by Upwork revealed Tuesday. This was a 22% increase since 2019 and it was fueled in part by an influx of younger, highly-skilled professionals seeking flexible alternatives to traditional employment. 

“Shark Tank” investor Daymond John told CNBC on Tuesday that he believes his new effort with Lowe’s to help diverse entrepreneurs can have widespread appeal — and a big impact.  “You can get a million applicants, hopefully. I want people to step up to this,” he said on “Squawk on the Street.” ”When you talk about diversity … you’re

A worker wearing a protective mask cleans a table in front of a pizza restaurant in San Francisco, California, U.S., on Monday, June 15, 2020. David Paul Morris | Bloomberg | Getty Images Just over a year ago, Adam Rammel was struggling to find workers. The owner of local craft beer bar, Brewfontaine, in Bellefontaine,

A man walks his dog past a placard stating “ALL SMALL BUSINESS IS ESSENTIAL” outside Atilis Gym on May 20, 2020 in Bellmawr, New Jersey. Mark Makela | Getty Images Last week, the U.S. Senate gave up the fight to save America’s small businesses. They walked away from negotiations that would have extended a lifeline

U.S. President Donald Trump speaks during a campaign event at Smith Reynolds Regional Airport in Winston-Salem, N.C., September 8, 2020. Jonathan Ernst | Reuters It’s been nearly two weeks since President Donald Trump’s payroll tax deferral took effect – and large employers so far seem to have little appetite for the holiday. Starting on Sept.

Thomas Barwick | DigitalVision | Getty Images A key tax deadline is just around the corner, and small-business owners who are in distress are still uncertain of what they’ll owe the IRS. For taxpayers who pay quarterly estimated taxes, Sept. 15 marks the due date for this year’s third-quarter payment. As if that weren’t stressful

U.S. Senate Minority Leader Chuck Schumer (D-NY) speaks to reporters during a news conference on Democrats’ demand for an extension of eviction protections in the next coronavirus disease (Covid-19) aid bill on Capitol Hill in Washington, July 22, 2020. Jonathan Ernst | Reuters Senate Democrats are making a last-ditch effort to undo President Donald Trump’s

Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7. Aly Song | Reuters With Apple and Tesla’s shares trading at lower prices after their stock splits on Monday, you might be thinking now is the time to invest in these companies.  After all, one