Former New York City mayor Michael Bloomberg, a democratic presidential candidate, attends the U.S Conference of Mayors 88th Winter Meeting in Washington, D.C, January 22, 2020. Yasin Ozturk | Anadolu Agency | Getty Images Democratic presidential candidates are taking aim at a new tax break for small businesses. Billionaire Michael Bloomberg last week pitched a
Small Business
McDonald’s worker prepares french fries to go. Getty Images America’s franchisees are poised for another year of growth in 2020 as the U.S. economy chugs along, bolstered by a strong consumer. But facing an election year and a historically tight jobs market, franchise establishment growth is slowing to its lowest rate in the past four
CreativeDJ You start your business with a boatload of enthusiasm. What you may not have is a wealth of accounting or financial knowledge — the ins and outs of tax law, cash flow management and insurance. Just over 400,000 startups opened their doors in 2015, according to the Small Business Association. The good news: That’s
Starting your own business is one of the most difficult career paths to navigate, and even the most successful entrepreneur makes mistakes. But to really succeed, you need to take risks and understand you will not be successful right from the get-go. It takes a long time to grow a business — and even longer
David Solomon, Goldman Sachs, at Marcus event Goldman Sachs is in talks to offer small business loans to merchants on Amazon‘s sprawling e-commerce platform, according to a person with knowledge of the plan. The bank has been working on software that would allow it to plug into Amazon’s existing loan platform, said the person, who
If you dream of working for yourself one day, entrepreneurship may be the right path for you. But running a business is not as easy as a walk in the park. Take this quiz, created by The Ewing Marion Kauffman Foundation, to test your entrepreneurial knowledge so you can find out if you are on
Small business owner Stephanie Vitori has gone from burger delivery girl to owning one of South Beaches most buzzed about burger joints. Vitori is the owner of Cheeseburger Baby, a frequent hot spot for celebrity clients that include Beyonce, Kanye West, Diddy and Gabrielle Union. “We have a large celebrity clientele. Once the word got
From a 401(k) plan to pet insurance for Fido, in today’s tight labor market, workers expect far more than just health insurance from their employers. For small businesses, that’s been a problem. There are more small companies and startups than ever before yet, because of their size, these firms have traditionally been at a disadvantage when
Hanno Renner, co-founder and CEO of Personio. Personio Hanno Renner was 25 when he set up Personio, a software start-up looking to take the myriads of boring admin tasks and piles of paper out of human resources. Before he became a tech entrepreneur, Renner was a student at Germany’s Technical University of Munich, where he
Tennessee Gov. Bill Lee speaks during a Gospel Music Association ceremony in Nashville. He plans to sign an adoption bill that the LGBTQ community and many businesses say is discriminatory. Terry Wyatt | Getty Images Businesses are expressing disappointment in response to Gov. Bill Lee’s plans to sign an anti-LGBTQ adoption bill into law. The
The latest division in Hong Kong isn’t driven by posters and protests — it’s driven by consumers’ wallets as people vote with their money. The city’s economy shrank in the second and third quarter of 2019, marking a technical recession and the first time in a decade its economy weakened for two consecutive quarters. The
Under pressure from the White House, the Food and Drug Administration gave premium cigar-makers and importers a win last week, indicating it may spare the industry from costly regulation set to go into effect this spring. The premium cigar industry is facing a May deadline that requires all new tobacco products to obtain regulatory clearance
Fullerton Police officer wears his Axon body camera on his chest while on patrol in Fullerton, California, on February 16, 2017. A proposed bill in the California legislature would ban law enforcement in the state from using facial recognition software and biometric scanners in body cameras. Axon body cameras do not use facial recognition software.
Geri Lavrov | Getty Images Baby boomer business owners, retiring in record numbers, are fueling a dramatic paradigm shift on Main Street, and many are at a crossroads, trying to figure out if they should sell their business or pass it along to a successor. Boomers own 2.34 million small businesses in the United States,
Starling Bank CEO Anne Boden Starling The financial crisis was not just a wake up call for the world’s biggest banks – for some, it was a sign of opportunity. For Anne Boden, the CEO of British mobile-only challenger bank Starling, it was a time to totally rethink the financial services. Speaking with CNBC at
Daniel Goldman (L), attorney and director of investigations with the House Intelligence Committee, and House Intelligence Committee Chairman Adam Schiff (C) (D-CA), and U.S. House Intelligence Committee ranking member Rep. Devin Nunes (R) (R-CA), arrive to the House Intelligence Committee in the Longworth House Office Building on Capitol Hill November 13, 2019 in Washington, DC.
Losing to the urban neighborhood of Crystal City in Arlington, Virginia, may not be the end story for the more than 230 cities that attempted to win the bid for Amazon‘s second headquarters. According to AOL co-founder Steve Case, the 14-month-long bidding process may have triggered these cities to keep the energy going and feel
US President Donald Trump shows a letter from Chinese President Xi Jinping as he announces an initial trade deal with China at the Oval Office of the White House in Washington, DC on October 11, 2019. Nicholas Kamm | AFP | Getty Images Resurgent optimism about the future of U.S. trade policy, along with a
Sixty percent of small business owners approve of the way Donald Trump is handling his job as president, the highest approval rating number since CNBC and SurveyMonkey began its quarterly Small Business Survey in 2017. Small business owners typically are a conservative-leaning group. Approval of Trump never has been below 51% in the almost three-year history
Independent retailers are gearing up for Small Business Saturday, a day used to promote mom-and-pop retailers, and many towns are doing their best to support the effort. In 2018, an estimated 104 million consumers shopped at independent retailers and restaurants on the Saturday after Thanksgiving. They spent $17.8 billion, the most since the shopping event