Small Business

Amazon Founder and CEO Jeff Bezos addresses the audience during a keynote session at the Amazon Re:MARS conference on robotics and artificial intelligence at the Aria Hotel in Las Vegas on June 6, 2019. Mark Ralston | AFP | Getty Images Since its humble origins as an online bookseller that debuted out of founder Jeff

Natale Servino, general manager of Servino Ristorante Jeniece Pettitt | CNBC Servino Ristorante, an upscale Italian restaurant in Tiburon, California, is a short drive or ferry ride from San Francisco, where scores of software and internet companies have emerged over the past decade.  Normally the 42-year-old restaurant, with picturesque views of the Bay, benefits from

As the coronavirus cases spreads around the country, small business owners are beginning to feel early impacts, such as supply-chain problems and lost sales. New data from the National Federation of Independent Business show that the current effects may be limited, but worries are big. The group found that 74% of small businesses say they

President Donald Trump speaks about the U.S response to the COVID-19 coronavirus pandemic during an address to the nation from the Oval Office of the White House in Washington, U.S., March 11, 2020. Doug Mills | Reuters Small business owners on Main Street now have an economic lifeline that can help them weather the coronavirus

Washington Gov. Jay Inslee eating a slice of cherry pie at A La Mode Pies on Pi Day in 2018 Chris Porter Last year, Three Babes Bakeshop sold more pies for Pi Day than for Thanksgiving. Usually around this time of year, it has sold out of the 3,000 pies it makes for the holiday

Hero Images | Getty Images The average annual revenues of women-owned business rose 68% in 2019, to $384,359 from $228,578 in 2018, according to the annual study of women-owned companies by Biz2Credit. However, while this growth is impressive, male-owned businesses generated a much higher average annual revenue: $752,154 in 2019, up jump from $473,157 in

A medical worker in protective clothing attends the COVID-19 coronavirus response-training exercise, at the Oleksandrivska Clinical Hospital in Ukraine. Pavlo Gonchar | SOPA Images | LightRocket | Getty Images Stock markets are plunging — down about 7% at Monday’s close — oil prices are in free fall, supply chains are being disrupted, and in the middle

Gail Warrior Gail Warrior Gail Warrior, who created one of the largest woman- and minority-owned construction companies in the U.S., remembers her first experience applying for a business loan back in 2000. She was chief executive of Dallas-based Warrior Group, a modular construction company that had just won a government contract to build a barracks

WASHINGTON – A.J. Khubani took a chance when he pulled a seat up to President Donald Trump’s table at the golf club in Bedminster, New Jersey nearly two years ago. “Once we said counterfeits on Amazon, that’s all we had to say, we had his attention,” Khubani told CNBC. Khubani explained to the president how

Being an entrepreneur is a dream to which many people aspire, and a worthwhile financial goal. Still, many first-time business owners, and even experienced pros, can sabotage their best efforts through typical mistakes. When you’re ready to roll-up your sleeves and start your own business, keep your eyes open for these four issues. Though they might

When most 15-year-olds are out at the movies, playing video games or listening to music, Mikaila Ulmer of Austin is focusing on building her empire. Mikaila is the CEO of Me & the Bees Lemonade, a business she started at age 4 after her family encouraged her to enter a local youth business competition. While

Tory Burch Source: Brigitte Lacombe Tory Burch, the fashion icon who launched a preppy-chic lifestyle brand in 2004 that now tops $1.5 billion in sales, is on a mission: to advance women empowerment and entrepreneurship by shattering stereotypes and creating new norms. Inspired by her own experience as a working mother launching a business, in which

CNBC’s Jim Cramer said the Federal Reserve‘s emergency interest rate cut on Tuesday morning makes him more concerned about the economic risks from the coronavirus. “It’s great that the Federal Reserve recognizes that there’s going to be weakness, but it makes me feel, wow, the weakness must be much more than I thought,” Cramer said

Damage to the Basement East music venue near the Five Points area is seen on Thursday March 05, 2020 in Nashville, Tennessee. Tornados hit the area early Tuesday morning. Matt McClain | The Washington Post | Getty Images Businesses small and large are working together toward recovery after tornadoes ripped through central Tennessee Tuesday morning,

Anne Harper, CEO of OMG Accessories, says many of the products she sells are made outside of Wuhan, where the coronavirus has been heavily concentrated. CNBC As the number of confirmed coronavirus cases and deaths around the world continues to rise, small business owners that import from China are on edge. Kyle Kirshner has been

Marc Romanelli | Getty Images Small business sentiment is on the rise to kick off 2020, with confidence nearing all-time highs, according to data from CNBC and SurveyMonkey. The CNBC/SurveyMonkey Small Business Confidence Index climbed two points in the first quarter, from 59 to 61, as concerns over trade policy impacts lessened, thanks to a trade

Jeremy Tooker, owner of Four Barrel Café in San Francisco. Photo: Eric Wolfinger In starting a small business, many entrepreneurs feel the need to do it all. They perform or monitor all aspects of their business, including product development, operations, sales, marketing and customer service. Early on, they may have even acted as their own

Sixty-four percent of small business owners approve of the way Donald Trump is handling his job as president, the highest approval rating for Trump among entrepreneurs since CNBC and SurveyMonkey began conducting a quarterly survey in 2017. The spike in approval among small business owners follows a pivotal period for Trump. This CNBC|SurveyMonkey Small Business

A rally for a $15 minimum hourly wage in New York City in 2015. The city raised its minimum wage to $15 in 2018, while New York State raised its minimum wage to $11.80 in December 2019, and that will increase statewide at the end of 2020 to $12.50. Getty Images Looking for another sign

Here’s a question every entrepreneur ought to consider: What would happen to your business if one or more of your key employees died suddenly or could no longer work because of a disability? For many fledgling businesses, the loss of a key employee — whether a founder or top sales rep — can be fatal.