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small business

Jan 16, 2019

Small business revenues fall as shutdown persists

NEW YORK (AP) — Baked by Yael isn’t getting its usual flow of customers who stop in after visiting the nearby National Zoo; the popular Washington, D.C., tourist spot remains closed by the government shutdown. Owner Yael Krigman gets half her business from the three-year-old store, and the shutdown that began Dec. 22 is taking […]

Sep 21, 2016

Study finds small businesses strapped for cash

A recent report that most small businesses are pressed for cash comes as no surprise to Jan Pisanczyn, director of the SUNY Brockport Small Business Development Center. “Most small-business owners, like most of us, are not financial wizards so they don’t really pay attention to what the meter is telling them,” Pisanczyn said. “They are […]

Sep 12, 2015

US small businesses feel mixed impact from China’s economy

NEW YORK — China’s economic problems have been a windfall for some U.S. small businesses — and pose a threat to others. A nearly 40 percent plunge in the Shanghai stock market since mid-June, a response to the country’s weakening economy, has sent Chinese investors looking for safer investments. Some are focusing on U.S. real […]

Sep 12, 2015

NLRB ruling can hurt small business, groups say

A National Labor Relations Board ruling that modified the definition of an employer could hurt small businesses including franchises and subcontractors, according to industry groups that advocate for those companies. The NLRB decision Thursday came in a case involving waste management company Browning-Ferris Industries and a staffing company, Leadpoint Business Services, which supplied workers to [...]

Aug 11, 2015

US small business adds 59,000 jobs

Employment at U.S. small businesses increased by about 59,000 jobs in July, according to the latest report from ADP. The smallest businesses, those with one to 19 employees added 26,000 jobs last month, while those with 20 to 49 employees added 34,000 jobs. Goods-producing businesses gained 2,000 jobs while service-providing firms increased by 56,000 jobs. […]

Jul 17, 2015

SMALL BIZ: Overtime proposal may force hard choices

NEW YORK — A proposal to give millions of U.S. workers a raise is forcing restaurant owner Michelle Shriver to make some hard choices. The Obama administration’s proposed change in overtime regulations could lead Shriver to put salaried managers on shifts, limiting their hours and making it more difficult to run her six Tropical Smoothie […]

Jan 9, 2015

Small businesses have more credit-card reader options

NEW YORK — Small business owners looking to ditch traditional credit card readers have more options than ever. Online retailers Amazon and Etsy are just two of the latest companies to offer mobile credit card readers to small companies, joining the likes of Square, PayPal and Intuit. Mobile credit card readers are small devices that […]

Sep 19, 2014

Capital One banker upbeat on small business

NEW YORK — Based on what she’s seeing among the bank’s more than three million small business customers, Capital One’s Keri Gohman is upbeat. Business owners are reporting better earnings and reinvesting in their businesses and that’s translating into a rebound in loan demand, said Gohman, the head of small business banking at the McLean, […]

Sep 19, 2014

5 things small businesses need to know this fall

  NEW YORK — What do small business owners need to pay attention to this fall? Heath care, Internet security and new technology make the list. Here are five things that small businesses need to be on top of over the next several months: Health care Small business owners who bought employee health insurance policies […]

Jul 24, 2014

Report: Women business owners face gender gap

NEW YORK — Women who own small business are still far behind their male counterparts when it comes to getting loans and government contracts, a congressional report said Wednesday. The report by Democratic staffers of the Senate Small Business & Entrepreneurship Committee found that while businesses owned by women account for 30 percent of small […]

May 4, 2014

Unlikely partnerships help small biz thrive

NEW YORK — When Psyche Terry’s lingerie business needed a lift, she got it from a retailing giant. Terry started Urban Intimates, a lingerie line for curvy women, in 2009. At first, its lacy bras and panties were sold only on the company’s website. She wanted to get them into stores. A small business association […]

Apr 28, 2014

Gay business owners still face challenges

NEW YORK — It happens a few times a year: A customer refuses to work with Dave Greenbaum because he’s gay. Greenbaum, who owns a computer repair business in Lawrence, Kan., often needs to go into customers’ homes. Some people realized he is gay after he was quoted in a newspaper story about gay rights. […]

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