Friday November 20, 2009
smSmallBiz.com - SmartMoney's Small Business Site
profiles
From WSJ.com/Small-Business
Jewelers' Outlook Lackluster
By Emily Maltby
Main Street jewelers are struggling to attract customers as the recession pushes many to shutter their doors. Still, some are finding glimmers of hope.
As Online Reviewers Grow, Businesses Are Listening
Sites like Yelp, UrbanSpoon and Yahoo Local are gaining traction among consumers.
It Just Isn't Working? Some File for Customer Divorce
As weak economy exerts financial pressure, firms shed their 'high-maintenance' or delinquent clients.
Even Laundries Tumble in Recession
Coin laundries -- once thought impervious to recessions -- are closing, and many others are battling sales declines as Americans cut back on laundry costs.
Small Business Gains in Overhaul Bill
A House panel narrowly approved an exemption for small- and mid-size companies from audits required under the Sarbanes-Oxley law.
Company Finds Gold in Torch Relay
The small, family-owned business Ignition Inc. has found success by making itself an expert in an unusual niche: organizing the Olympic Torch Relay.
In Focus: This Firm Is Teaching Businesses to Share
Aaron Levie, co-founder of online collaboration service Box.net, answers our questions.
Mechanic Discovers Inner Picasso
Sean Fitzpatrick always loved art, but took a practical job instead. But, 22 years later he runs a successful business sculpting and carving pumpkins, sand, snow and ice.
Entrepreneurs: The New Celebrities
Companies like Dell and American Express are turning entrepreneurs into spokesmodels. Here’s how companies both large and small benefit.
Small Shops Vie for Holiday Shoppers
Small brick-and-mortar shops that rely on seasonal sales are seeking creative ways to avoid last year's bloodbath of discounting.
Politics Freeze Small Businesses
Along with the unsteady economy, small businesses face an additional dark cloud: uncertainty created by Washington.
In Focus: At This Contractor, Everyone Profits
David Hayes, CEO of general contractor Skyline Construction, answers our questions.
Wall Street Soars Above Main Street
Wall Street is back. But Main Street isn't enjoying much of a recovery. Employers are still shedding jobs, and the unemployment rate is at 9.8%.
Designing A Business From Scratch
With little background, a husband-and-wife duo brought their graphic design business to the forefront of the industry.
In Focus: Making Comfort Food Convenient
Jim Farrell, founder and CEO of readymade milkshake maker f'REAL Foods, answers our questions.
Small Businesses Size Up Obama’s New Plan
Small businesses react to the president’s speech.
4 Ways To Weather Lackluster Holiday Sales
For retailers both large and small, this year’s holiday shopping season will likely be another downer. Make sure you plan for it.
In Focus: This Cleaner Is Greening the Big Apple
David Kistner, founder and president of non-toxic dry cleaner Green Apple Cleaners, answers our questions.
Fashion Blues Turn Rosy
Dismal sales have knocked many boutiques out of business, but some fashion stalwarts are getting creative. Here's how they're thriving, in spite of the downturn.
Take Advantage of Every Opportunity
Learn to leverage your status as a minority-owned business to get the funding you need.
Used-Car Dealers Feel 'Clunkers' Pinch
Independent dealerships left out of the popular initiative say they're facing higher auction prices – and consumers aren't spending.
In Focus: Helping Others Go Mobile Is This Firm’s Goldmine
Ryan Wuerch, founder and CEO of mobile Internet service provider Motricity, answers our questions.
Recession Ends Many Family Businesses
After months of slow sales, family businesses are being forced to close, ending legacies and leaving behind a wake of sad customers and loyal employees.
Food Fight: Franchisees Caught in the Middle
To give sales a jolt, franchisors are doling out discounts and coming out with new products. Some franchisees can't keep up.
Mint.com CEO on Getting Hitched With Quicken
Q&A with Aaron Patzer on whether site will stay free, critics' complaints.
The Double Whammy of Bankruptcies
Bankruptcy is an ordeal for executives at any business. But entrepreneurs' personal assets are in jeopardy along with their business.
In Focus: This Biz Is Changing the Flavor of International Fare
The founders of specialty food maker Transatlantic Foods answer our questions.
Drop in Start-Ups Bodes Ill for Recovery
New companies are crucial to any economic recovery. However, as entrepreneurs become more risk-averse, job growth and economic output may be threatened.
In Focus: This Biz Makes Money By Packaging Scrap
Nathan D. Frankel, founder of scrap-metal-recovery service Advanced Steel Recovery, answers our questions.
Chegg: Rebelling Against the Textbook Racket
Jim Safka listened to his customers and they led him to business success.
Business Owners Smile More Often
In the broadest survey yet of how occupation affects happiness, business owners came out the most joyful.
In Focus: Biz Peddles Flip-Flops to Help Needy Workers
Dave Mesicek, co-founder of socially responsible footwear maker Common Soles, answers our questions.
In Focus: PR Firm Turns Brands Into Social Movements
Fred Haberman, co-founder of cause-related public relations firm Haberman, answers our questions.
Making the Best of High Unemployment
Even as the unemployment rate soared to 9.7% last month, these startups see opportunity in the recession’s toll on the jobless.
Bringing Wall Street to Main Street
They're young, talented and well-funded — but how are these former financiers faring as entrepreneurs?
The Ultimate Class Project
Here’s how two students saw an opportunity to corner a market by providing companies with targeted marketing and delivering utility to students.
Dentists Drill for Dollars
Dentists are scrambling for revenue by handing out perks —and sometimes by upselling their patients. A look at the economics of the root canal.
In Focus: Cutting Out the Middleman Helps Reel in Profits
Sean Dimin, co-founder of sustainable seafood supplier Sea2Table, answers our questions.
The Fight to Launch Viridian Spirits
After a long legal battle, Jared Gurfein, the founder of Viridian Spirits, finally packages absinthe. Here’s how he did it.
To Slim Down, Businesses Team Up
As they share expenses and customers, businesses that work together are not only surviving the downturn – they’re thriving in it.
Times Hit Wood Industry Hard
Small lumber mills that produce hardwoods for items such as floors or cabinets have been shuttered, victims of the credit crunch and the housing implosion.
Entrepreneurs Take to 'Big Easy'
Small-business owners who left New Orleans after Hurricane Katrina are coming back to help the struggling city and to take advantage of tax breaks.
In Focus: Scoring By Giving Gamers What They Want
Aaron Schurman, CEO of videogame maker Phantom EFX, answers our questions.
US Misses Target for Small-Business Contracts
The federal government has fallen short of its goal of awarding nearly a quarter of its contracts to small businesses.
Hardee's, Carl's Aim to Steer Angus Eaters
The burger wars are heating up, as the Hardee's and Carl's Jr. chains take aim at McDonald's with a taste challenge and an attack on Big Mac.
Turning a Green Business into Gold
Reward follows risk and innovation for these eco-friendly businesses.
Slicing the Bread but Not the Prices
While other recession-wracked restaurants are offering lower prices and discounts, Panera is targeting customers who are willing to pay more for lunch.
In Focus: This Biz Gives Clients a Better View
Josh Knauer, CEO of software development firm, Rhiza Labs, answers our questions.
U.S. Franchises Are Growing Abroad
As the economy continues to hobble business in the U.S., some franchises are finding willing investors and growth opportunities overseas.
In Focus: Fixing Façades Is This Owner’s Forte
John J. Hoffmann, founder of building rehabilitation firm Hoffmann Architects, answers our questions.
Endless Workweek for Self-Employed
Solo entrepreneurs, freelancers and other self-employed professionals have always struggled to take vacations, and the recession is making it even harder.
In Focus: Unorthodox Brews Boost This Beer Maker’s Bottom Line
Jeremy Cowan, founder of niche craft brewery Shmaltz Brewing Company, answers our questions.
In Focus: Unusual Marketing Resonates With Top-Tier Clients
Cassie Hughes and Gabrey Means, co-founders of marketing and publicity firm Grow Marketing, answer our questions.
6 Startup Friendly Industries
See why these businesses are booming despite the gloomy economy.
In Focus: Innovating Coffee Sales Gives Roaster a Kick
Jerome Eberharter, founder of gourmet coffee maker White Cloud Coffee, answers our questions.
10 Companies That Sent America to the Moon
It's been 40 years since Apollo 11 touched down. Where the companies that got us there are now.
Restaurants Burned by Deep Discounts
The deep discounts that restaurant chains have been offering to lure cash-strapped customers out of their kitchens are coming back to bite them.
Lessons Learned at Bankrupt Mattress Retailer
Dial-a-Mattress founder blames bankruptcy on an expansion into brick-and-mortar and a culture clash with new management.
In Focus: 3D Technology Developer Hires With Care
Chris Clover, president and CEO of immersive 3D technology developer, Mechdyne, answers our questions.
Surviving Car Dealers Woo Customers
Car dealerships that have survived the auto industry shakeup are scrambling to win over ''orphaned'' car owners whose regular dealerships have closed.
Luxury Wine Market Reels in Downturn
Many high-end wineries are reeling from the downturn as even wealthy drinkers slash spending on fine wines.
In Focus: Responding to Social Causes Boosts Sails
Anthony Sandberg, founder of sailing school OCSC Sailing, answers our questions.
Playing to Win
Gamefly's Sean Spencer gives us a peek inside his game-rental empire.
Efforts to Save Main Street Bring In Traffic
The economic downturn has prompted many consumers and neighborhood groups to actively support local small businesses.
Is a Book the New Business Card?
Publishing a book is easier than ever and could offer entrepreneurs an edge.
Selling Michael Jackson
Consumers and business owners are turning King-of-Pop paraphernalia into profits.
Small Firms Attract Big-Company Refugees
As major corporations lay off employees, small businesses are benefiting from an unexpected windfall of displaced talent.
In Focus: From Old Light Bulbs, a New Idea
Dan Button, CEO of nanotechnology lighting-fixtures maker QD Vision, answers our questions.
Texas Shop Is 'Going Out of Business'
For a Texas rug shop owner, the arrival of hard times has thrown the survival of the going-out-of-business model into doubt.
In Dry Times, Businesses Coddle Regulars
With the recession making it tough to win new clients, small businesses are stretching their resources to keep loyal customers.
In Focus: Computer Maker Hammers Home Its Message Online
Matt Miller, founder of rugged tablet PC maker MobileDemand, answers our questions.
A Builder of Castles Made of Trash
How architect Michael Reynolds came to found Earthship Biotecture, which designs and builds sustainable homes world-wide.
Make Room at the Bar
A growing number of micro-distilleries have the entrepreneurial spirit and savvy tactics to compete against bigger businesses.
Town’s Friendly Bank Left Nasty Mess
The failure of New Frontier Bank in Colorado has left local small businesses struggling to find fresh sources of credit.
Taking a Second Job to Stay Afloat
Small-business owners who are struggling to keep their companies afloat are doing anything they can to ride the recession, even taking on second jobs.
In Focus: Wireless-Store Owner Negotiates Savings
Wireless Zone franchisee, Jonah Engler, answers our questions.
Young Idealism Leads to Success
These fearless kid entrepreneurs took big risks and reaped big rewards.
Techie Grabs Wheels of Change
How a subcontractor building computer networks for big companies became a bike shop and coffee bar owner.
Food Truck Nation
A growing fleet of vehicle-bound businesses around the U.S. is serving gourmet fare – and changing the lunchtime landscape.
Small Parts Suppliers Fight to Survive
The high-profile bankruptcies of Chrysler, GM and a few big suppliers have overshadowed the financial peril now facing the hundreds of small suppliers.
In Focus: Alternative Energy Sparks Sales at This Contractor
Richard Granahan, co-owner of electrical contractor, Granahan Electrical Contractors, answers our questions.
Entrepreneurs Pack Up, Go Home
As more small businesses ditch their storefronts and offices to cut expenses during the recession, they're encountering new hurdles.
5 Unique Ways Entrepreneurs Are Raising Money
Forget the credit crunch, these businesses have found unconventional ways to keep their companies afloat.
How Jimmy Choo Became a Cobbler to the Stars
The high-end shoemaker turned a small couture business into an international sensation by courting Hollywood stars.
Manufacturers Get Top Talent
The economic downturn has a silver lining for small manufacturers: a flood of highly qualified candidates even for tough-to-fill jobs like electricians and mechanics.
How to Negotiate With Your Creditors
In business, even your credit score is negotiable. Here’s how to protect your interests by negotiating with creditors.
In Focus: Belgian Brooklynite Wins Customers With Authenticity
Thomas DeGeest, the owner of mobile Belgian waffle shop Wafels & Dinges, answers our questions.
Filing Hits Dealers, Suppliers
From car dealers to suppliers, here’s a look at who gets hit by GM's bankruptcy, and how.
Becoming a Professional Blogger
Mark Frauenfelder, founder of boingboing.net, discusses how he earns a six-figure salary doing something he loves.
In Michigan Cities, Two Economies
Separated by 50 miles, the Michigan cities of Ann Arbor and Warren embody the state's potential road to rebirth with the help of small businesses.
In Focus: Designer Uses Personal Touch to Get Handbags in Stores
Mollie Culligan, the owner of fashion label the Jack Rabbit Collection, answers our questions.
Slump Socks Ad Industry's Small End
Smaller ad companies are being hurt by the recession more than their larger rivals. A measure of Aegis's first-quarter revenue fell 12%.
In Focus: Branding Studio Specializes in Makeovers
Aaron Belyea, owner of logo and branding design studio, Alphabet Arm Design, answers our questions.
Starting Over — as an Entrepreneur
For laid-off workers, launching a business may seem the best path to survival. Here are the stories of five people who are taking that route and the lessons they’ve learned.
Minority Dealers Hit Hard by Auto Crisis
Minority car dealers are expected to be hit hard as GM and Chrysler trim their retail networks, undoing years of work to bring minorities into the business.
Signs of Life? Some Businesses See Signs of a Rebound
Cutting costs and prices helped some businesses stay afloat. And, for some, it's paying off.
In Focus: Getting a Green Airline Off the Ground
Alexi Huntley Khajavi, co-owner of carbon neutral airline, NatureAir, answers our questions.
Carving Out a Classic Niche
Classical Archives, a small digital store focused exclusively on classical music, promises to give classical composers their due.
In Focus: Test-Prep Company Puts a Hefty Price on Talent
Andrew Yang, CEO of business school test-prep company, Manhattan GMAT, answers our questions.
Bringing a New Business Into Fold
For small companies, working with a larger partner can offer great exposure and more customers. Here’s how two companies successfully joined forces.
In Glum Times, Repair Shops Hum
Economic fears are driving a resurgence in demand for repairmen in many industries.
Franchise Sales Pull Back
Discouraged by economic conditions, some franchisers are cutting back on efforts to sell franchises.
Jobless Tap Power of Merchandising
Hopeful but jobless entrepreneurs are capitalizing on the downturn with layoff-related merchandise.
In Focus: Getting Customers to Believe You Can Deliver
Zeke Adkins, co-founder of luggage forwarding service, Luggage Forward, answers our questions.
Entrepreneurs Cut Own Pay to Stay Alive
A number of small-business owners have stopped paying themselves as they struggle to keep their companies afloat.
Fresh Products Bring Sweet Returns
Instead of hunkering down and hoping the economic downturn would be short-lived, the owner of Servatii Pastry Shop & Deli in Cincinnati, reinvented his business.
In Focus: Liquor Maker Strives to Keep Business Eco-Friendly
The founders of eco-friendly vodka and gin maker Modern Spirits answer our questions.
'Tool City' Weathers Downturn
The tool-and-die shops around Meadville, Pa., which give the town its ''Tool City USA'' nickname, are faring better than in past recessions.
Bar Wars
To attract cash-strapped diners, restaurateurs from Alain Ducasse to Daniel Boulud are making dramatic bids to ramp up their bar business.
Firm Lets Others Choose Start-Ups
A venture-capital firm that was an early backer of Facebook is devising a plan to outsource early investing decisions to hand-picked entrepreneurs.
Small Businesses vs. Bailed-Out Banks
Large banks have become vulnerable to public-relations campaigns and political pressure mounted by troubled small-business borrowers.
In Focus: Marketing the Merits of Mobile Ads
Andrew Miller, co-founder of mobile advertising firm, Quattro Wireless, answers our questions.
In Focus: Redesigning the Web for Today's Consumer
Sumin Chou and Glen LaFortune, co-founders of interactive web design firm, Concentric Studio, answer our questions.
Firms Try Alternative to Hourly Fees
The recession is chipping away at the tradition of billing by the hour, forcing companies to adopt performance-based pay and fixed prices to attract clients.
Belly Up to the Bar and Buy Jeans
By offering in-store drinks, a growing number of independent retailers are trying to get men to shop more like women, who often linger and buy on impulse.
Tapping Into Ethnic Markets for Growth
When tapping into ethnic communities, it helps being a member. Here’s how a new T-Mobile program helps entrepreneurs succeed.
Tariffs Whet Appetite for EU Delicacies
Importers and specialty shops across the U.S. are loading up on pricey products from Europe ahead of an expected tariff on a wide-range of gourmet foods.
In Focus: Getting Customers From Here to There the Green Way
Gary Bauer, founder of eco-friendly transportation service, Bauer’s IT, answers our questions.
China Slowdown Stunts Entrepreneurs
The hundreds of thousands of entrepreneurs who helped build China into the world's factory floor now face emptying order books.
What’s in a Name? A Lot, When It’s ''Wall Street''
Anger over the financial crisis has a strong resonance along the country's hundreds of thoroughfares named Wall Street.
Reinventing Your Business in a Downturn
These businesses successfully switched gears to boost revenue. Here's how they did it.
In Focus: Biz Juices Sales With Government Contracts
John Bosma, co-founder of electrical contractor, Boz Electrical Contractors, answers our questions.
Spending to Keep Others Afloat
In an effort to keep small businesses afloat, strapped consumers keep shopping.
In Lean Times, a Stout Dream
The economic crisis has done little to dent the ambitions of those who dream of brewing and selling their own beer.
The Art of Making Paper Sexy
How Chad Doane managed to get an online cult following for his notepads.
Franchise Fever
Most businesses are hurting, but franchises could be the exception. Here are some that are recruiting new talent.
Jeans, Healthy Snacks Draw Investors
Reebok founder Paul Fireman is in talks to invest $33 million in a small jeans company, part of a trend of venture investing in consumer-goods companies.
In Focus: Rewarding Customers Who Conserve
Mike Gordon, founder of energy management firm, CPower, answers our questions.
From Dorm Room to Wal-Mart
A handful of eco-capitalists have taken on the daunting task of marrying environmentalism to price-conscious consumerism.
Local Economies Seek Own Revival
Cities, counties and states across the nation are launching home-grown stimulus plans aimed at spurring local spending and keeping small businesses afloat.
Starting Up: Factories Cut Small Businesses Some Slack
As the big orders disappear, manufacturers are heavily courting small businesses.
Small Businesses Try to Avoid Layoffs
In spite of the great financial toll that the recession is taking on small businesses, some owners are proactively trying to avoid layoffs.
In Focus: Having a Business Blueprint Helps This Designer
Mina Fies, co-founder of residential remodeling design and construction firm, Synergy D&C, answers our questions.
Women Turn Their Closets Into Stores
Some enterprising clothes horses who splurged on designer clothes over the years are turning their closets into secondhand stores.
Firms to Entrepreneurs: Come On Down
For decades, corporations shunned inventors. That is starting to change.
The Evolution of Protectionism
Globalization certainly has many detractors these days. Is a U.S. policy of protectionism in our future?
In Focus: Hosting Meetings Helps Make Ends Meet
Bill Decker, co-founder of corporate meetings host, the Hub, answers our questions.
So, You Want to Be an Entrepreneur
Thinking about starting a business? Make sure you're cut out for it first. Here are a few questions you should ask yourself before making a big leap.
Malls Race to Stay Relevant in Downturn
An aging mall in Pennsylvania is fighting to reinvent itself amid a harsh climate for retailers. More local businesses move in as national chains pull out.
Loan Defaults by Franchisees Soar
Defaults on franchisee loans guaranteed by the U.S. Small Business Administration are piling up in amounts unseen in years.
In Focus: Size Matters at this Design Shop
The founders of web design firm, Sisu, answer our questions.
In Focus: Site Serves Niche by Helping People Relocate
Ron Asher, founder of online moving marketplace Relocation.com, answers our questions.
Fashion Label Scrambles to Survive
Menswear label Five Four reinvented its business to retain customers, manufacturing backpacks, socks and even wine-bottle openers.
More Tech Start-Ups Call It Quits
The deepening recession is speeding up the shakeout in Silicon Valley, forcing droves of start-ups to shut down or sell themselves at fire-sale prices.
Despite Slump, Some Firms Add 401(k)s
Even as the recession is taking its toll, some small-business owners are adopting 401(k)s for their employees.
In Focus: He Helps Companies Capture Customers Online
Chris Golec, founder of Demandbase, answers our questions.
China's Small Factories Struggle
The global downturn is taking a particularly severe toll on China's small businesses, forcing them to adopt innovative and sometimes harsh strategies to survive.
Mr. Clean Takes Car-Wash Gig
Looking for new franchise opportunities? P&G is looking for recruits to operate its new Mr. Clean Car Wash franchise businesses.
In Focus: Tea Co. Owner Says Patience Is Key Ingredient
Jesse Jacobs, founder of Samovar Tea Lounge, answers our questions.
Busboys Are Cut as Restaurants Suffer
More restaurants are eliminating busboys to cut costs and shifting those responsibilities to the servers, but it isn't always going smoothly.
Starting Up: 5 Best Businesses to Be in if Stimulus Plan Passes
From alternative energy to IT, these businesses are poised for a government windfall.
Scenes From a Layoff
Many small companies are staffed with people who have spent their entire lives in one place, making it personally harder to lay people off.
In Focus: Online Marketer Rewards Consumers
Daren Cotter, founder of CotterWeb Enterprises, answers our questions:
Towns Bail Out Auto Dealerships
Two California towns, hoping to preserve jobs and tax revenue, are bailing out local car dealers.
In Focus: This Firm Will Help You Cross Borders
Larry Harding, founder of international business advisory firm High Street Partners, answers our questions.
An Action Plan for Growth
To take their ventures to new heights, entrepreneurs head back to class in the SBA's Emerging 200 program.
Tech Chiefs Vie to Run California
Former eBay CEO Meg Whitman, entrepreneur Steve Poizner and former eBay executive Steve Westly are all possible gubernatorial contenders.
Behind Grim Jobs Data, a Sign of Hope
Companies are cutting back so aggressively that they actually might be increasing their productivity.
Alternative-Energy Companies Grow
Alternative-energy firms are reporting an influx of inquiries from companies anticipating Obama will implement stricter energy regulations.
In Focus: A Simple Text Message Can Lead to Big Profits
Shane Neman, founder of mobile marketing service Ez Texting, answers our questions:
Luggage Maker Is on the Front Lines of Crisis
J.W. Hulme's co-owners borrowed heavily to fuel growth. Now the credit crunch has thrown the company -- and the lives of its owners -- into a spiral.
Car Dealers Face Struggles
For decades, selling cars paved a path to wealth across America. But the industry has never before faced the forces now slowing sales to a crawl.
Lead Rules May Crimp Thrift-Shop Bargains
Small secondhand shops may face bare shelves next month -- or risk selling items that fall short of new safety standards.
Piling On: New Trade Data Requirements
In the name of security, new regulations affecting shipments to the U.S. are enacted. Importers need to learn how to cope.
Starting Up: 5 Best States for Starting a Business
Can't figure out where to set up shop? View our slideshow for some helpful hints.
Starting Up: Struggling Business Owners Turn to Moonlighting
A growing number of small-business owners are starting side businesses to stay afloat.
In Focus: This Biz Simplifies Bringing in a Project on Time
Mike Samson and Ross Kimbarovsky, co-founders of graphic design marketplace crowdSPRING, answer our questions:
The Return of Rock?
Two entrepreneurs aim to revive the New York City rock venue CBGB.
Holiday Slump Threatens Small Retailers
Small retailers who don't have the margins to compete on price are scrambling to sell by offering gifts and personalized services.
Some Firms Cut Costs Without Layoffs
As layoffs mount amid the slowing economy, some employers are cutting costs without axing jobs.
In Focus: Company Finds Niche in New Media
Clay McDaniel, co-founder of interactive marketing firm Spring Creek Group, answers our questions.
Businesses Say Employee Theft Is Up
In the wake of the recession, more businesses are facing a growing financial threat: employee theft.
Restaurant Jobs, Like Tips, Shrink
The restaurant industry, one of the largest U.S. employers, is shedding a record number of jobs as the prices for ingredients increase while customers decrease.
In Focus: Counsel From Customers Helps Software Maker Grow
Steve Sarowitz, founder of payroll software provider Paylocity, answers our questions.
Shalom, Kiosk Christmas Shoppers
Amid a grim holiday season, mall shoppers are being besieged by a determined crop of salespeople: young Israelis who man carts and have a no-holds-barred selling style.
In Focus: Power of Reinvention Keeps This Biz Owner Afloat
Mitch Goldstone, co-founder of ScanMyPhotos.com, answers our questions.
A Bad Economy May Benefit Franchises
If you’re a franchisor, growth may be just around the corner. Learn what drives franchise sales, even in a slowing economy.
Mall Restaurants Expect Fewer Customers
Restaurant chains with locations in malls are bracing for a holiday-shopping season with fewer customers.
In Focus: Running Store Stays on Track by Hosting Races
Jon and Betsy Hughes, co-owners of sporting goods retailer Track Shack, answers our questions.
Stores Count Seconds to Cut Costs
With nearly all retailers under the gun to cut costs and improve profit margins, labor-waste elimination systems are sweeping the industry.
Extinction Threatens Yellow-Pages Industry
As the yellow-pages industry starts crumbling under the weight of Google and other sites, small businesses without a web presence may suffer.
Restaurants Look for Ways to Cut Costs
Unable to pass on the higher costs to customers, franchise restaurants are aggressively searching for alternative ways to slash costs.
Japan's Small Businesses Get Help
Japan's sudden economic downturn is being felt deeply by millions of small businesses. But some are being thrown a lifeline.
In Focus: Preventing Energy Leaks Allows Sales to Flow
Robert E. Mechem, co-founder of American Efficiency Services answers our questions
Boutiques Get Squeezed
Once flourishing, independent fashion boutiques are among the retail industry's hardest hit by economic woes.
National Retail Federation Sees Gloomy Christmas
The outlook for holiday shopping looks bleaker, says the National Retail Federation.
Sellers Offer Financial Hand to Buyers
For small companies looking to cash out, this may be an ideal time, so long as they are willing to provide some of the financing to their buyer.
In Focus: Building an Online Rolodex the Wiki Way
Jim Fowler, co-founder of business information site Jigsaw, answers our questions.
Women Entrepreneurs Get Global Help
Goldman Sachs with the help of top-tier business schools aims to train 10,000 female entrepreneurs in developing nations over the next five years.
Tough Call: Selling Your Business
Selling a business is a decision most entrepreneurs are reluctant to make. Here’s how one health-care entrepreneur made the leap.
Shoppers Turn to Consignment Stores
As cash-strapped consumers look for bargains, small consignment shops and other cost-conscious establishments are benefiting.
New Rules, New Headaches for Importers
New laws are affecting importing and exporting. They could impact your business.
Obama Home, Tourist Attraction?
A small businessman in Jakarta is hoping a victory for Obama will turn a house where he once lived into a profitable presidential landmark.
In Focus: Costumes, Cosmetics A Winning Combo for this Owner
Todd Kenig, co-founder of beauty supply store Ricky's NYC, answers our questions.
Cash-Poor Biotech Firms Seek Aid
Many small biotech firms are expected to file for bankruptcy this year, potentially damaging the drug pipeline that big pharmaceutical companies rely on.
McDonald's Coffee Strategy Is Tough Sell
McDonald’s faces fresh challenges as franchisees balk at the high costs associated with implementing its coffee expansion program.
In Focus: Online Billing CEO Says Hiring Right Is Key to Success
Mike McDerment, CEO of online billing company FreshBooks, answers our questions.
Restaurants' Gloom Spreads
Restaurant chains are bracing for dismal fall and holiday dining seasons by cutting prices, trimming earnings and sales forecasts and shuttering locations.
Wine Enthusiast Aims for Wider Audience
As wine has gone mainstream, companies are catering to new-comers for added profits.
In Focus: This Niche Chocolatier Makes Sweet Profits
Michael Szyliowicz, founder of Mont Blanc Gourmet, answers our question: What make you stand out from the crowd?
Million-Dollar Industries to be in Now
Get started in one of 7 industries that hold seven-figure potential—and step closer to a richer life.
Weaving Africa's Breadbasket
The foundations for Gates and Buffett will use a food program to boost output earnings of small farmers in Africa and Latin America.
In Focus: Architect Turned Entrepreneur
Jennifer Coleman, founder of CityProwl, answers our question: What makes you stand out?
New York Eatery Looks for Sweet Spot Overseas
This entrepreneur ended up expanding to a distant — and unexpected — place: the Middle East.
Tiny Detergent Maker Scores Big as U.S. Sponsor
Small businesses are debunking the popular perception that it takes a corporate giant to sponsor the Olympics.
Tasti D-Lite Banks on Fans for Growth
The franchising guru behind Mail Boxes Etc. and I Can't Believe It's Yogurt is betting that Tasti D-Lite devotees can be cultivated in cities around the world
Ringing Up Business With iPhone Applications
Right after Apple announced it would allow developers to build applications for its new iPhone, this company got busy.
In Focus: This Owner Runs a 'Young and Hungry' Biz
Anthony Mongeluzo, owner of Pro Computer Service, tells us what makes him stand out from the crowd.
Exiling the Happy Meal
A growing roster of local governments are aiming to put their residents on diets by cracking down on the fast-food industry.
A Long-Term Commitment
Marketing to the LGBT community can extend far beyond the booming same-sex wedding industry in California. The key: Be sincere.
Franchisee Fined in Crackdown
A large McDonald's franchisee pleaded guilty in federal court to supplying illegal workers with false identification and agreed to pay a $1 million fine.
A Taste of European Trends
Thinking about starting a food-related business? Take a page from Europe's cookbook with these 5 gourmet concepts.
Helping School Fund-Raisers Go Green
From recycled wrapping paper to fair-trade coffee, kids are now selling ecologically friendly products for school fund-raisers.
Virtual Success
Teens bypass after-school jobs for virtual world businesses where the money earned and the skills learned are real.
Start-Up Banks Struggle
The future looked bright when several small banks decided to open in this city along the Gulf of Mexico. Not anymore.
Work & Life: Dealing With Disabilities
Entrepreneurs with disabilities worry about losing aid and handling rigorous schedules.
Gelato Goes Gourmet
Around the world, small companies are now marketing Italian gelato as a delicacy for connoisseurs willing to pay a premium for natural ingredients and in-store pampering.
In Focus: An Owner Who 'Lives And Breathes' The Biz
Nancy A. Williams, co-founder of ASAP Staffing, answers our question: What makes you stand out from the crowd?
Impact Reaches Carmel Before Flames
Air-quality concerns, highway closures and worrisome media coverage are deterring tourists from visiting this picturesque town.
How to Start a Virtual Assistant Business
Expert VA Lyn Toomey offers her insight on what to expect and how to find help in the virtual world.
Getting the Green Light
Discovery Channel puts entrepreneurs in the spotlight with its new all-green network.
TerraCycle Gives New Life to Old Wrappers
Is a tote bag forged from old CapriSun pouches fashionable? A tiny N.J. company and its corporate clients certainly think so.
Just Asking… Top Chef Stephanie Izard
The Top Chef speaks about competition, running your own business and succeeding in a male-dominated industry.
Newcomer Law Firms Land Blue-Chip Clients
A few upstarts have come up with a business model that challenges the tight grip big law firms hold on corporate business.
Winning with Wine
A new crop of entrepreneurs has discovered a business with grape appeal.
Starting Up: Nonprofits Launch Social Sidelines
Nonprofits are creating social enterprises to generate revenues for their cause.
In Focus: This Biz Owner Plays It Safe -- Literally
Julie Copeland, owner of Arbill, answers our question: What makes you stand out from the crowd?
U.S. Restaurants Push Abroad
As the restaurant industry in the U.S. turns increasingly dour, major brands are turning their attention overseas.
Father Knows Business
Move over, mom. These entrepreneurial dads prove they know a thing or two about babies — and business.
Firms Tackle Government Chores
Small companies are making a business out of helping local government agencies.
Start-Up Targets Upscale Flyers
A Southern California start-up is hoping to shake up recreational flying with a novel concept.
Leaving the Rat Race
Making the transition from a 9-to-5 job requires a leap of faith. Here's how 3 entrepreneurs finally cut the strings.
Businesses Making an Impact
For these entrepreneurs, tackling social problems is part of the business plan.
Clean-Technology Firms Face Patent Disputes
As clean-technology investment booms, so does litigation over green intellectual property.
A Spiking, Striking Success
Volleyball pro, model, mother and entrepreneur Gabrielle Reece talks about taking on the business world.
In Focus: This Biz Owner Thinks Outside the Package
Tara Abraham, co-owner of Accel, answers our question: What makes you stand out from the crowd?
5 Perfect 'Spare-Time' Online Businesses
It doesn't take much time or effort to start moonlighting on the internet.
For PMP, $4 Gas Is Great for Business
That's because PMP Corp. is one of the few places gas stations can turn to when they need old gas pumps adapted to register prices over $4 a gallon.
Fantasy Sports Score Victory
A ruling handed down this week by the U.S. Supreme Court is a critical victory for the fantasy sports industry.
Designing a Dream Home Office
Forget dank basements or cluttered garages. These home-based entrepreneurs got creative.
Start-up Lands the Role of a Lifetime
A Seattle start-up is hoping that an unexpected snippet of dialogue in the new Sex and the City movie will be a big boost for business.
Facebook Ignites Entrepreneurial Spirit
Mark Zuckerberg isn't the only Harvard student finding success on Facebook.
My Virtual Summer Job
With summer jobs in short supply, more young people are pursuing money-making opportunities in Web fantasy worlds.
Marvin Traub's Busy Life After Bloomie's
Why an 83 year old retiree is one of the busiest advisers in the youth-obsessed fashion world.
In Focus: A Rare Woman in Global Tech World
Ranjini Poddar, owner of Artech Information Systems, answers our question: What makes you stand out from the crowd?
Fascinated by Japan
If it's big in Japan, it could also hit big in the United States—and these entrepreneurs are betting on it.
Good as New
Whether it's the shaky economy or the growing desire to recycle, shoppers are flocking to resale shops.
The Scholarly 'Apprentice'
In an insightful Q&A, social entrepreneur and reality TV winner Randal Pinkett discusses time management, finding balance and giving back to communities.
Nanotech Entrepreneurs Poised For Boom
In the world of nanotechnology, good things come in really small packages.
A Hairdresser Keeps His Clients Close
In the annals of luxury beauty and hair care, the latest entrepreneurial insurgent is a 42-year-old Brit who left school at age 16.
In Focus: This Biz Owner 'Makes the Ask'
Rebecca Boenigk, owner of Neutral Posture, answers our question: What makes you stand out from the crowd?
Shift to New Product Helps to Keep Mortgage Firm Afloat
Rather than tighten their belt, this small business made a drastic decision: They moved into a completely new product line.
The Great Search for a Luxury Good
An American beautician stumbles onto a lucrative career as a Hermes reseller — or, as he puts it, a leather liaison.
Globetrotting Entrepreneurs
These adventurers run businesses while traveling the world.
Green Acres II: When Neighbors Become Farmers
A growing number of suburban Americans are earning extra cash by growing food in their backyards.
In Focus: This Biz Owner Camps With Gators
Lynn Griffith, founder of Welcome Florida, answers our question: What makes you stand out from the crowd?
Jamba Rebound Faces Hurdles
Smoothies maker Jamba says it is on a journey to simplify healthy living, but with intensifying competition, it could be a lumpy ride.
Music-Video Pros Challenge YouTube
PluggedIn Media is set to let users view for free near-DVD-quality music videos licensed from three big music companies.
You Bought the Storage Containers — Now What?
Teaching people how to get organized has emerged as a lucrative business.
Lots of Opportunities
This Chicago parking service puts a new spin on an old industry.
Confessions of Workaholics
These entrepreneurs admit they thrive on their work addictions.
A Restaurant That Serves Up Farm-Fresh Dishes
How to make your city restaurant stand out? Pretend it's on a farm.
Indian Upstarts Search for Growth at Home
Indian Internet start-ups are turning away from a slowing U.S. economy and toward their own backyard with ventures targeted squarely at Indian consumers
Steve Demos's Second Act
It took Steve Demos nearly 30 years to turn Silk soy milk into a staple at Starbucks. He talks about his career in an interview.
Farm Tours Tout Fair-Trade Coffee
Many small coffee companies are embracing fair trade, a practice that strives to treat third-world workers and the environment fairly.
Turning Function Into Fashion
Two entrepreneurial moms are reinventing office chic—one beaded lanyard at a time.
Spirit of the Entrepreneur
These 5 characteristics will take you far as you start your business.
Slashing Student Costs
BookRenter.com's young CEO is changing the way students get their textbooks.
Small Businesses Cater to Gray
As boomers retire, entrepreneurs are setting their sights on the gray market.
Foreclosures Bring Boom for Niche Industry
As the mortgage-lending crisis spreads, business is booming at firms specializing in 'property preservation.'
A Look at High-Performing Franchises
Fast-food's grip on the industry is slowly loosening, as other services industries expand rapidly.
NFL Helps Small Firms Score Business
An NFL program helps minority- or women-owned businesses bid for contracts to provide services at Super Bowl events.
Work & Life: Siblings and Business Partners
Running a business with a sibling can be a great success – or a recipe for failure.
Rescue Plan Chafes Small Banks
The Treasury's bailout plan is prompting fears among small banks that big banks getting rescue money will be encouraged to buy smaller rivals.
Companies Trim as Business Slows
Companies are looking for cuts in every budgetary nook and cranny in an economy dragged down by slowing consumption, an imploding stock market and tight credit.
Franchisers Sweeten Pot to Woo Buyers
Franchise companies, facing tough times, are offering two-for-one deals, reduced fees and financing help to woo new buyers.
In Focus: GotVMail, A Phone System for Entrepreneurs
The co-founders of GotVMail, a phone system targeted at entrepreneurs, tell us what makes them stand out.
Moon Cakes Are Big Business in China
American pastry shops have discovered Chinese moon cakes as a new profit center. Others see the tasty tradition as a great networking tool.
Students Get Chance to Invest Like the Pros
Student venture capitalists get a lesson in business financing via endowment funded university programs.
Turmoil Boosts Thailand Astrologers
In Thailand, astrologers turn political unrest into business profits.
In Focus: Spa Owner Pampers Underserved Male Clients
Bob Patrizi, owner of Halo [For Men], answers our question: What makes you stand out?
A Slaughterhouse on Wheels
Farmer Bruce Dunlop could haul is animals 150 miles to the nearest slaughterhouse. Instead, he just calls on his friendly roving neighborhood slaughterhouse.
In Focus: This Owner Offers a One-Stop Shop for Real Estate Law
Lisa Breier Urban, the co-founder of a law firm, answers: What makes you stand out?
How Some Have Broken Free From Cubicle Life
A great idea may be all that stands between cubicle life and entrepreneurship. Here’s how some broke free.
Dressing Women of a Certain Size
The average woman's size in the U.S. approximates a 14, but fashion designers generally don't make anything larger than a size 12. Tadashi Shoji saw opportunity.
In Focus: This Owner Puts Shoes On Celebs
Gracienne Myers, founder of Gracienne Inc, answers our question: What makes you stand out from the crowd?
Jeweler Diversifies to Bring Back Sales Luster
John Christian's new product line is a direct response to something affecting all sorts of businesses: soaring commodity prices
In Focus: Celeb Wrangler Seeks More Than Just Talent
Lori Levine, Flying Television's founder, answers: What makes you stand out?
In Focus: This Owner Runs a '24/7/365' Biz
Scott R. Gingold, owner of Powerfeedback, answers our question: What makes you stand out from the crowd?
Seeking Olympic Gold
These businesses landed deals for the summer Olympics. But, is it worth the cost?
Starting Up: The Thrill of the Launch
Why some entrepreneurs love to start businesses over and over again.
It's Last Call for Guinan's Pub and Store
After three generations of Guinans helped to run a tiny pub and country store, the family has to close it down.
Funded by Google
Ex-Google employees cash in on their company stock to start businesses.
Moving Across the Country to Cut Costs
Cheaper wages and expenses in North Carolina help Industrial Motion regain its financial footing.
Small Satellites Launch Big Plan
A start-up proposes that a new generation of small satellites can revolutionize the collection of weather and environmental data.
2008 Hot List
We've busted out the crystal ball to predict the hottest industries for the coming year.
Rocking the Boating World
NavQuest is changing the way boaters plan their trips by making it as simple as point and click.
Small Brews Show They're Not Weak Beer
Craft brewers in the U.S. are trying to assert more control over how their beer is sold as they gain in popularity -- and clout.
Decking the Halls (and Walls)
Christmas decorations require year-round planning at the small business responsible for holiday decor in some of the nation's biggest retailers.
Don't Get Burned
Whether you're selling or advertising on them, coffee sleeves are a hot part of the multibillion-dollar coffee industry.
Starting Up: Older, Wiser Entrepreneurs
Age can give newbie business owners an advantage over younger counterparts.
Talking Tofurky
Find out how one man with a tempeh-fueled dream changed Thanksgiving dinner forever.
Writing the Book on Self-Help
The Internet has made publishing a book look deceptively easy for aspiring self-publishers. Here's a cautionary tale.
Healthy Travels
Think going abroad for cheaper medical procedures is scary? These businesses are here to help.
In the Market
For food businesses, farmers markets could be the perfect place to find a following for your products.
Running a Marathon Business
You think finishing a marathon is hard? Try starting one.
Insurance Broker Stays the Course
Its strategy holds lessons for other relatively David-size companies that find themselves wrestling with Goliaths that buy out smaller rivals.
When Tragedy Strikes: Tending to Employees' Emotional Needs
The president of a small company talks about the plane crash that claimed top executives' lives.
One-Hit Wonders
From gourmet grilled-cheese sandwiches to mac and cheese, these specialty spots have found their niche by focusing on one simple item.
Thinking Outside the Bottle
Beer entrepreneurs quench the thirst of increasingly savvy consumers.
Small Firms Are Taking on Franchises
An add-on franchise's established brand and reputation can help pull in new customers or get existing customers to buy the new offerings.
Snapshot of an Underdog
A father-and-son team challenge industry giants by focusing on picture-perfect quality and user friendliness for their photo sharing site.
Young Millionaires Who Made It Bigger
See how some of today's top entrepreneurs skyrocketed to success.
As Tech Heats Up, Sages Dust Off Bubble Indicators
In Silicon Valley, the goofy-names index is rising, as is the rate of odd-looking start-ups.
Toy Stories: Show-and-Tell Blog Hooks Customers
A former science teacher credits a blog for his educational toy's company success.
Business 911
Our team of experts gives 3 companies advice on overcoming their growing pains.
Viva Entrepreneurship
Hispanic entrepreneurship and business owners are paving the way for their culture's future.
Starting a Virtual-Assistant Business
I want to pursue a full-time virtual-assistant business. Could you give me advice as to where to start?
New Franchise Idea: Fewer Rules, More Difference
The freedom to alter menus and prices may help chains compete better locally.
Social-Networking Sites Create a Lucrative Business
Entrepreneurs are hoping to cash in with social-networking sites.
A Clothing Line Inspired by the New York City Subway
A long ride on the New York City subway inspired this entrepreneur to open shop.
A Board Game That Breaks All the Rules
Richard Tait, creator of the game Cranium, says changing the rules is the key to success.
Lending a Helping Hand to the Elderly
After a prison riot, this former guard decided to start a new career targeting aging boomers.
A Small Business Takes a Swing at a City Golf Club
Two entrepreneurs are trying to bring a virtual golf club to Manhattan.
A Native-American Business Transforms Health Care
Native Angels grew from a personal need into a chance to serve the community.
Special Report: Ladies First
Eleven successful female entrepreneurs offer advice to women looking to start a business.
Minority Women Face Uphill Climb in Small Business
Women-of-color entrepreneurs have trouble growing small businesses.
A Business Based on Shopping and Drinking
Drinking and shopping? This bar/boutique successfully offers both.
Eco-Friendly Entrepreneur Changes New York City Skyline
Building solar-powered buildings is good for more than just the environment.
- Take Advantage of Electronic Communication
Friday, November 6, 2009 - Refranchising: Should You Buy In?
Friday, November 6, 2009 - The Intersection of Awareness and New Media
Friday, November 6, 2009 - Market With Meaning
Friday, November 6, 2009 - Cash Shy? Try Bootstrapping
Thursday, November 5, 2009 - More Business News @ FoxBusiness.com
small business resource center
smSmallBiz ™ SmartMoney ® Layout and look and feel of SmartMoney.com and smSmallBiz.com are trademarks of SmartMoney, a joint venture between Dow Jones & Company, Inc. and Hearst SM Partnership. © 1995 - 2009 SmartMoney. All Rights Reserved. By accessing and using this page, you agree to our terms and conditions and our PRIVACY STATEMENT.