Small Business

Cameron Mitchell, chief executive of Cameron Mitchell Restaurants, told CNBC on Wednesday that unruly diners have cost his business $750,000 a year, on top of supply chain snarls and rising inflation that have already affected hurt his bottom line. “We never spent a dollar on security in our restaurants prior to Covid, but now we

When Matt Horn opened up his first restaurant in Oakland, Horn BBQ, the pandemic was in full swing. It was fall of 2020 and he’d overcome a long list of challenges from location to regulations and more to see it through. So when it came time to launch his second, highly-anticipated concept, Kowbird, just down

Joe Raedle | Getty Images News | Getty Images The latest Consumer Price Index reading, the highest in four decades, isn’t the only sign that inflation is extending rather than giving up its hold over the U.S. economy in 2022. An increasing number of American small businesses say they are now passing on higher costs

andresr | E+ | Getty Images Almost two years into the Covid-19 pandemic, many small businesses are still struggling. While financial assistance for those impacted by the crisis has ended, some of the hardest hit industries, including gyms, hotels and restaurants, are pushing for more relief. For many, the omicron surge dealt a big blow.

Major tech companies are opening offices in Atlanta, hoping to capitalize on the technology talent in the city, especially the Black talent. Silicon Valley-based Apple and Google parent Alphabet as well as Redmond, Washington-based Microsoft have all set up shop in Atlanta in recent years. Headquartered near San Francisco, payments giant Visa is also opening

Chelsea Kidd quit her job in 2021 to start SiteWell Solutions, a wellness consulting business focusing on remote workers. Source: Chelsea Kidd The “Great Resignation” has workers leaving their jobs in droves. Yet they aren’t all looking for a new company to work for — many have opted to go into business for themselves. In

In this article GSBD Briana Thompson, owner of Spiked Spin, is optimistic about her company’s future, despite having a turbulent time during the Covid-19 pandemic. Source: Briana Thompson The Covid-19 pandemic has been far from easy for small business owner Briana Thompson. Her Brooklyn, New York-based boutique spin studio, Spiked Spin, had only been open

In this article PAYX Small business owners are starting to fill-up their staff rosters again as certain Covid-era programs end and inflation rises, Paychex CEO Marty Mucci told CNBC on Tuesday. “Some of the things that are drying up, per se, the child tax credit, that was really impacting 30 million different households,” Mucci said

BET founder Bob Johnson told CNBC on Tuesday the Biden Administration needs to take additional steps in its Build Back Better plan to tackle the wealth gap between Black and white Americans. “What I look at is, what can you do to increase Black wealth? And that means you got to put more capital at

The storefront of Mark Shriner’s small business, The Coffee House, in downtown Lincoln, Nebraska. Courtesy: Mark Shriner Mark Shriner needed help. It was spring 2020, and his coffee shop in Lincoln, Nebraska, was at risk as the Covid-19 pandemic forced small businesses like his to close their doors. So he sought assistance from the federal

Getty Images Millions of Americans are taking a step back and rethinking their work lives amid the “Great Resignation” and ongoing coronavirus pandemic. A record 4.5 million people quit their jobs In November, according to data from the U.S. Department of Labor, continuing a trend of workers leaving employers in droves. Some of those workers

Dr. Martin Luther King, Jr. speaking before crowd of 25,000 Selma To Montgomery, Alabama civil rights marchers, in front of Montgomery, Alabama state capital building. On March 25, 1965 in Montgomery, Alabama. Stephen F. Somerstein | Getty Images Community leaders and their enterprises are vital to promoting economic mobility in the U.S., especially in challenging

Tips have improved during the Covid pandemic at Sugapeach Chicken & Fish Fry in North Liberty Iowa. Courtesy: Chad Simmons At Sugapeach Chicken & Fish Fry, a fast casual eatery in North Liberty, Iowa, customers are feeling a lot more generous since the pandemic put the squeeze on the restaurant industry. Before, people would tip

Like many community playhouses around the country, the Studio Theatre shuttered its doors in March 2020 for coronavirus pandemic and did not fully reopen for more than a year. The sales the Little Rock, Arkansas, theater collected from streaming events online or holding outdoor performances did little to cover the debts that began to pile

Jose Luis Pelaez | Iconica | Getty Images As Congress wrestles over changes to the $10,000 cap on the federal deduction for state and local taxes, known as SALT, many business owners already qualify for a workaround. Enacted by the Tax Cuts and Jobs Act in 2017, the SALT cap has been a pain point

U.S. President Joe Biden speaks as he holds a meeting with CEOs of companies in a variety of sectors to discuss the holiday shopping season, at the White House in Washington, November 29, 2021. Kevin Lamarque | Reuters The politics of small business owners is similar to the politics of the majority of Americans in

Gen Z grew up on social media — we’ve been building our list of friends and followers since we were young. So, for college students who want to try their hand at launching a business, they have a ready-made customer base and marketing platform at their fingertips. Social media platforms recognize that potential and have

CEFutcher | Getty Images Jessica Duckett’s Teddy Bear Day Care and Preschool is feeling the effects of the nation’s hiring crunch firsthand. At her Fairfax, Virginia location, Duckett said she is as many as six employees short and has only 60 of a possible 109 children enrolled, simply because she’s not staffed to care for

MoMo Productions | Stone | Getty Images Amid the “Great Resignation” and ongoing pandemic, millions of Americans are quitting their jobs to become their own bosses. In October, there were about 9.44 million unincorporated self-employed individuals in the U.S., according to data from the U.S. Bureau of Labor Statistics. Since April 2020, the number of

Jennifer Sutton, pictured with her children, quit her job this year to open Guest Haus Juicery & Matcha Bar in Park City, Utah. Courtesy: Jennifer Sutton Jennifer Sutton was burned out. When the Covid-19 pandemic hit, the 37-year-old advertising executive suddenly found herself juggling work and remote schooling for her two young children. Even when