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BAD FOR TAXPAYERS? Gov. Gina M. Raimondo on Sept. 16 said a new Small Business Development Fund approved by state lawmakers was not good for taxpayers. She supports R.I. Commerce Corp.’s plans to create rules to ensure proper oversight of tax credits approved under the program.

Tax-credit program needs strong oversight to pay off

Economic-development officials took a good step on Sept. 16 in agreeing to create clear rules ahead of the rollout of a new tax-credit program...
RHODE ISLAND ranked No. 41 in the nation with a letter grade of D+ in the 2019 Thumbtack Small Business Friendliness survey. / COURTESY THUMBTACK

R.I. receives D+ for business friendliness from small-business owners

PROVIDENCE – Rhode Island received a business friendliness letter score of D+ in a recent survey of small-business owners conducted by Thumbtack released Tuesday.The...
THE SBA has proposed modifying regulations on how companies calculate their annual average revenue by changing the measured number of years of revenue from three to five years.

SBA proposes rule change for revenue calculations

PROVIDENCE – The U.S. Small Business Administration has proposed modifying its method for calculating annual average revenue for certain small businesses.The shift, according to...

BankLocal boosting small businesses

Hey mister, can you spare a few thousand dollars? The answer from local banks often is “yes,” under R.I. General Treasurer Seth Magaziner’s BankLocal...

Embracing change leads to success

Nearly a century in business, R B Howes & Co. is making some changes.Founded in 1920, the company has been known for years for...

Raimondo: A ‘partner with business’

You could say Gov. Gina M. Raimondo is a pragmatist. The way she puts it, she’s not trying to change the world so much...
BUSINESS EXPANSION: Thomas Hoagland, executive director of the Providence Business Loan Fund, speaks with Kathy Cosentino, assistant director for business development. 

Five Questions With Thomas Hoagland

5Q: Thomas Hoagland | Executive director, Providence Business Loan Fund1. How many active loans does PBLF have, and what are they worth collectively?...
FILLING A NEED: Joshua Ellison, right, founder of Edge and End, with employee Jason Harritos, oversees an enterprise that helps people with developmental disabilities to have work experiences and hopefully employment through woodworking.

Edge & End uses woodworking as a tool to help disadvantaged...

Joshua Ellison, the son of Pawtucket-based Lorimer Studios LLC’s founder, cites an “interesting serendipity” as the inspiration behind Edge & End LLC, founded in...
FAMILY TRUCKERS: Commodity Haulers Express is a regional truckload transportation company based at Quonset Business Park. From left, Dan Izzi, James Izzi Jr., their dad, James Izzi, and his brother Robert P. Izzi, the business’s founder and owner.

Have cargo, will travel

Water, coffee and rolls of newsprint have combined to create a strong business for a Rhode Island trucking family.Commodity Haulers Express Inc., owned by...
NEW OWNER: Kayla Thompson is the owner of Melissa Ashley Brides in Westerly. Thompson bought her wedding dress at the bridal shop seven years ago and befriended the former owner, Denise Pellegrino, who later hired Thompson. The pair came to a “personal finance agreement” that transitioned ownership to Thompson when Pellegrino was ready to sell.

Financing biggest hurdle to employees becoming boss

When Kayla Thompson walked into Melissa Ashley Brides in Westerly in search of a wedding dress about seven years ago, she had no idea...
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