Small Business
257 results total, viewing 61 - 70
When President Ken Bertram, above left, and partners took over Cumberland’s Herrick & White Architectural Woodworkers in 2007, a single commercial customer accounted for much of the company’s business. But the Great Recession forced a change in strategy to focus on high-end residential work that has helped revive the business and earn the company a 2014 entrepreneurial-excellence award from the U.S. Small Business Administration. Also pictured is moulder operator Steve Langis. more
Employee theft is one of the most serious problems facing small-business owners in the U.S. According to the National Federation of Independent Business, an employee is 15 times more likely than a nonemployee to steal from an employer, and employees account for an estimated 44 percent of theft losses at stores. The U.S. Department of Commerce reports that nearly one-third of business failures are related to employee theft or fraud. more
Crouched by the curb with grease-stained hands and furrowed brows, cyclists know all too well the frustration of a slipped chain or malfunctioning derailer. more
Assistant Manager Susan Wilson and Richard Guglielmo, owner of Tile Craft Design Center in South Kingstown, in the showroom. Guglielmo is holding a sample of Cambria natural stone. The company, founded in 1960, sells and installs tile, countertops and flooring. “We handle jobs from start to finish,” Guglielmo said. “Customers deal with one person and that’s me.” more
The R.I. Commerce Corporation released an action report earlier this week outlining specific economic development initiatives designed to improve Rhode Island’s business climate, create jobs and lower unemployment. The report, “Actions for Economic Development in Rhode Island,” advocated building on Rhode Island’s native economic advantages. more
Maria Gooch-Smith, executive director of the South Eastern Economic Development Corporation, has been named the 2014 Financial Services Champion for Massachusetts and New England by the U.S. Small Business Administration. more
Lending to small businesses through U.S. Small Business Administration programs is on the upswing in Rhode Island, thanks in large measure to the efforts of community banks, although a traditional SBA powerhouse is back on course in the Ocean State. more
Allan Tear, a co-counder and managing partner at the startup accelerator Betaspring, has seen firsthand how government can boost the economy by providing a little capital for private enterprise. more
Despite relatively strong growth in the number of women-owned businesses in the state, Rhode Island ranks near the bottom of the nation in the overall strength of that segment of the state’s economy. more
The concept is simple enough. You need money to make money. more
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