Business

Ohio battle: Manufacturing may sway this swing state

As Ohio voters cast ballots in Tuesday’s presidential primary, the economy — specifically manufacturing jobs — will be front and center on many voters’ minds. “We have to have a strong manufacturing base for this country to survive,” said Brandon Lamoncha, sales manager and solution provider at Humtown, a third-generation, …

Business

10 ways to earn good money in less time

Want a high-paying gig but not the restrictions that come with a full-time job? You’re far from alone, and there are many part-time jobs out there that offer flexibility and good pay. We are living in what some call “The Gig Economy,” where people create a living through a patchwork …

Business

The moment that pushed this multimillionaire to succeed

You don’t become the first African-American woman to own a billion-dollar company overnight. The journey of ACT-1 Group founder and CEO Janice Bryant Howroyd began during the battles over civil rights. When Howroyd enrolled in an integrated school in the Deep South, she said, her teacher spoke about how blacks …

Business

Self-made millionaires unveil traits of a perfect partner

A fancy pitch and an elaborate business plan will only get you so far with these investors. Instead, it boils down to this: How quick do you want to get rich? If the answer is “overnight,” better take your pitch elsewhere. Self-made millionaires and veterans of the oil-and-gas pipeline industry, …

Business

Elf on the Shelf’s success secret: Ignore haters

Here’s some advice to new entrepreneurs from the twin sisters who make The Elf on the Shelf: Never give up. “A big lesson … is that ‘no’ doesn’t mean no,” said Christa Pitts, the co-CEO of Creatively Classic Activities and Books who takes care of the business end of the …

Business

Zuckerberg’s not the only dorm room success story

Tapping away on the computer in his dorm room at University of Maryland, College Park, Anthony Casalena wasn’t planning to start a business when he began writing the code for what would become Squarespace’s website-building software in April 2003. The computer science student, who taught himself to write code as …

Business

From geisha beauty rituals to millions in sales

In a world where start-ups are gaining notoriety by quickly capitalizing on the idea of new innovation and technology, entrepreneur Vicky Tsai has built a multimillion dollar brand doing the exact opposite. Tsai is founder of San Francisco-based Tatcha, a luxury skin-care line based not on new trends, but on …

Business

Doing this with your family can save your family business

The old adage “Shirtsleeves to shirtsleeves in three generations” plays out all too often, but with some planning, families can boost the chance of avoiding a similar fate. In many cases, an older generation starts with nothing, works hard and amasses wealth. However, their progeny have no success in managing …

Business

Success is in the blood: One family’s story

For one New York City family, entrepreneurship is genetic. At least, that’s how it seems. Three generations of Levy men — grandfather Victor, 92, son Paul, 61, and grandson Eric, 29 — are all entrepreneurs, each starting a business unique to his generation. In 1956, Victor and his brother, Bernard, …

Business

Main St.: Trump for president!

As Americans go to the polls on Tuesday for primaries in five states, one big contingent that may wield tremendous influence is the small-business rank and file. The nation’s 28 million small businesses represent 54 percent of all U.S. sales and have provided 55 percent of all jobs since the …

Business

Good news on franchise growth for 2016

Despite worries of an economic downturn, one sector is poised for another year of solid growth in 2016, according to one study. Bolstered by trends including acceleration in business spending, the franchise industry is set to grow by 1.7 percent in 2016, according to the study by the International Franchise …

Business

You’re not old, you’re just ready for your next act!

Jay Lichty’s big business idea came to him in a dream, playing a very specific ukulele. “I had a dream one night where I was playing a small bodied guitar,” he said in an interview last year. “I decided if I was ever going to have a custom ukulele, I …

Business

Cookie bans? Businesses fight back against weird regulations

Lisa Kivirist owns Inn Serendipity Farm and B&B in Browntown, Wisconsin, where she serves cookies, muffins and breads that she takes pride in making for guests. But selling the baked goods under certain circumstances could potentially land her in jail for up to six months. Kivirist, as a B&B operator, …

Business

The #1 city for starting a small business

One of four Texas cities to grace the top friendliest cities list, Austin held the No. 1 slot for the last three editions. The city has seen a decline in zoning, licensing and health and safety regulations, leading to its drop from the top spot. Despite this downturn, Austin remains …

Business

How to fight cyberthreats — on the cheap

When it comes to defending against cyberattacks, a common strategy includes investing in costly hardware and software products, and then shoring up both frequently. But there is a more effective and affordable way to fight cyberterrorism. Nearly 70 percent of respondents said their company is using cloud-based cybersecurity services, according …

Business

Don’t give up! A simple fix to save a failing business

Every small business has something that makes it unique, and showcasing this is crucial to continued success, one branding expert says. Melissa Dawn Simkins, author and president of brand consultancy Velvet Suite, said that while entrepreneurs are focused more on the successful execution or performance of their business, branding gets …

Business

Start-up prices may be falling even faster

Tech stocks have recouped a good chunk of their early year losses, but the damage in the private market has been done, so says the head of Salesforce Ventures. The revenue multiples investors are paying for late-stage software investments have dropped by between one-third and 40 percent since the frothy …

Business

This start-up sells cheap food as ‘hunger relief’

In the working-class Massachusetts neighborhood of Dorchester, south of downtown Boston, nonprofit grocery store Daily Table is on a mission to sell healthy food so cheap it can compete with fast food. Daily Table was founded by former Trader Joe’s President Doug Rauch, and it aims to keep prices low …

Business

Businesses push back against regulations

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Business

Start-up tries biggest change in shipping since 1973

Start-ups love to boast about “hockey-stick growth,” but with Shyp that term is more than just a visual metaphor for projecting financial success. The on-demand shipping service that lets users summon a courier via smartphone started — honest to goodness — with actual hockey sticks. Ten years ago as a …

Business

Why Main Street isn’t partying just yet

Across the board, more small businesses reported stronger performance in 2015, though tough lending conditions persisted. That’s according to a 2015 small business credit survey report released this month, a collaboration among seven Federal Reserve Banks. More businesses reported stronger performances in profitability, revenue gains and employment growth in the …

Business

Weaker small business confidence bucks firming data

U.S. small business confidence declined further in February as lingering concerns about sales growth and profits hurt capital spending and hiring plans, a survey showed on Tuesday. The National Federation of Independent Business (NFIB) said its small business optimism index dropped one point to a reading of 92.9 last month, …

Business

An ancient craft is brewing up new jobs

On a cold February night in Stamford, Connecticut, the chill in the air is doing nothing to dampen patrons’ thirst for Half Full Brewery’s craft beers. The brewery’s tasting room is serving a steady flow of customers looking to sip a glass of its Bright Ale, Pursuit IPA or Onward …

Business

TaskRabbit pushes consumer expectation

5:21 PM ET Tue, 1 March 2016 If you need someone to stand in line for you at the passport office, online chore market place “TaskRabbit” can help you. The app has a new feature – it will confirm within five minutes, reports CNBC’s Kate Rogers.

Business

TaskRabbit rolls out on-demand service

With the sharing economy expanding, TaskRabbit, which focuses on connecting freelancers to available chores, has rolled out a new on-demand service that will allow users to complete tasks within 90 minutes. The San Francisco-based start-up’s new iOs app launched Tuesday. It will enable consumers to book and confirm a task …

Business

This could be a game changer for Detroit housing

Nearly three years after Detroit’s historic bankruptcy in July 2013, there are still too many dilapidated homes and not enough properties in good condition. But even when a buyer and seller can agree on a home, the appraisal and approved loan amount can come in under value because of the …