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The Small Business Administration recently announced changes to its small business size standards, which govern whether a business is eligible for small business contracts and aid. That could help businesses that were near the old size threshold.
Business is up at a North Carolina shop, but managing inventory and costs are headaches.
For Lester Gouvia, chef-owner of Norma G’s Detroit, business in the pandemic economy has been a “rollercoaster.”
In the words of one business owner: “Why would I want to go into any type of expansion?”
Olivia Atwood’s venture was inspired by a Netflix reality show. Now it serves about 2,000 people and has led to several yearslong relationships.
Rebranding can be risky, but Annie Lang Hartman, owner of Compass Paper thinks it’s “definitely going to be worth it.”
Raise prices? Order more inventory, or less? Business owners describe how they’re dealing with dramatic changes in market conditions.
Small business owners are to grappling with staffing shortages, supply chain issues and higher costs.
Myroslav Serhijchuk, owner of the Delta gift shop in Chicago’s Ukrainian Village, says he’s “trying to do everything possible” to support Ukraine.
Irene Kesselman, owner of Ali Cat Toys, said her store’s inventory is high leading up to Easter — partly because she wants to avoid future inflation.