Small Business

Having a strong safety net can make it easier to take big risks. For Tori Dunlap, founder of financial education company Her First 100K, that security came in the form of $100,000. Dunlap, 27, landed an entry-level marketing job after graduating from college and soon learned the corporate grind wasn’t for her. The Seattle resident,

Ruby Bugarin owns two restaurants in California and is being hit by rising supply chain struggles and inflation. Courtesy: Ruby Bugarin Restaurants around the county were looking ahead to the economy’s reopening over the last few months, as Covid vaccines became more widespread and pent-up consumer demand was palpable. But headwinds from supply chain disruptions

Jelena McWilliams, chair of the Federal Deposit Insurance Corporation (FDIC), speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Aug. 3, 2021. Al Drago | Bloomberg | Getty Images The Federal Deposit Insurance Corp. will unveil this week a new investment fund backed by corporate giants that

When Tina McGonagill wanted to expand her food container business, she took on an investor she met at a trade show. For $50,000, she gave Trent Lowenstein a 20% stake in Big Fat Lunch. Yet before she spent the money, the two were at odds over the best strategy to increase profits. McGonagill wanted to

Phil Roeder Congressional Democrats are considering reforms to the 20% pass-through tax deduction as part of a $3.5 trillion federal spending package. Democrats’ proposal would phase out the tax break for business owners with taxable income exceeding $400,000, according to a discussion list obtained by CNBC. It would also make the tax cut available to

Ting Shen/Bloomberg via Getty Images The Consumer Financial Protection Bureau proposed a rule Wednesday to raise transparency around loans for small businesses. If finalized, the federal agency’s rule would require lenders to collect and report more data about credit applications from small businesses, including demographic and pricing data and reasons for which lenders deny a

Deciding if and when to expand a business isn’t an easy task. When partners disagree, it also adds some tension into the mix, especially if they are married. For Chris and Emily Elias, it was a debate over whether to broaden their existing mobile dog-grooming business, Massapequa, New York-based The Ruff Life, into other cities

MoMo Productions | Getty Images More than a year into the Covid-19 pandemic, many American employees who have been working from home are itching to get moving again. But that doesn’t necessarily mean returning to the office. For many, it means finding new jobs. A survey released by Bankrate.com this week found that 55% of

In this article YUM CMG MCD To mandate, or not to mandate? That’s the question facing down restaurant owners and operators during one of the most challenging hiring environments in decades. The Food and Drug Administration approved Pfizer and BioNTech’s Covid-19 vaccine on Monday, opening the door for workplaces to opt to require workers to

In this article MNTV The rise of the delta variant, a highly contagious strain of Covid-19, is disrupting reopening plans across the country and introducing even more uncertainty on Main Street. Nearly six in 10 small business owners in the latest CNBC | Momentive Small Business Survey say the new threat is making them shift

A sign advertising job openings is seen outside of a Starbucks in Manhattan, New York City, New York, U.S., May 26, 2021. Andrew Kelly | Reuters The labor shortage has forced businesses both big and small to find new and creative ways to attract workers. Half of the small business owners polled in the Q3

Jessica Brooks Any aspiring entrepreneur hoping to get “Shark” Kevin O’Leary’s attention with a business pitch better be able to answer this question: What’s the next big thing for small business? If you think it’s bitcoin or blockchain, guess again. The “Shark Tank” co-host and host of CNBC’s “Money Court,” which premieres Wednesday night, says

Vice President Kamala Harris swears in Isabel Guzman as administrator of the Small Business Administration as husband Javier Guzman stands at her side at the White House in Washington, March 22, 2021. Kevin Lemarque | Reuters Isabella Casillas Guzman, the new Administrator of the U.S. Small Business Administration, began her term under President Joe Biden

The delta variant hasn’t significantly altered the outlook of America’s small business, but the conditions that the Main Street economy is operating under as it attempts to fully reopen are weighing on business owners across the country. Half of small business owners (50%) say it’s gotten harder to find qualified people to hire compared to

In this article MNTV A new survey conducted by CNBC and Momentive suggests that small businesses across the U.S. must be at little risk of being victims of a hack, or they are supremely overconfident about their place in the growing, national cybersecurity threat. For Main Street customers, not knowing the answer to that question

Logo for Getaround peer-to-peer car sharing service on the side of a car in the Silicon Valley town of Mountain View, California, August 24, 2016. Smith Collection/Gado | Archive Photos | Getty Images When the coronavirus pandemic put a halt to nearly all travel, Anwar Ali was forced to store a fleet of cars he

Youth unemployment skyrocketed during the coronavirus pandemic, prompting some entrepreneurial college students to turn to side hustles to make ends meet. Unemployment for young people (in the 16-24 age range) hit a high of 27.4% in April 2020 — that’s nearly 1 in 3 who were unemployed. Meanwhile, Etsy reported that the number of sellers

Construction workers pouring wet concrete on a road. With 20% of the planned infrastructure bill, or $110 billion, dedicated for the construction of roads and bridges, small constructions firms are hoping for a long-term boom in business. Jung Getty As small businesses recover from labor constraints and business losses due to Covid-19, a bipartisan infrastructure

Samuel Corum | Getty Images News | Getty Images A Senate infrastructure measure unveiled Sunday would end a pandemic-era tax break for businesses three months early in order to raise funding. Certain businesses are currently able to claim a refundable payroll tax credit — the employee retention credit — on a portion of workers’ wages

Maskot | DigitalVision | Getty Images Gen Z is one of the most entrepreneurial generations in history. More than half of Gen Zers who participated in a recent EY study said they hoped to own their own business in the next 10 years. However, as every seasoned entrepreneur knows, starting your own company comes with