Like many community playhouses around the country, the Studio Theatre shuttered its doors in March 2020 for coronavirus pandemic and did not fully reopen for more than a year. The sales the Little Rock, Arkansas, theater collected from streaming events online or holding outdoor performances did little to cover the debts that began to pile
Small Business
Jose Luis Pelaez | Iconica | Getty Images As Congress wrestles over changes to the $10,000 cap on the federal deduction for state and local taxes, known as SALT, many business owners already qualify for a workaround. Enacted by the Tax Cuts and Jobs Act in 2017, the SALT cap has been a pain point
U.S. President Joe Biden speaks as he holds a meeting with CEOs of companies in a variety of sectors to discuss the holiday shopping season, at the White House in Washington, November 29, 2021. Kevin Lamarque | Reuters The politics of small business owners is similar to the politics of the majority of Americans in
Gen Z grew up on social media — we’ve been building our list of friends and followers since we were young. So, for college students who want to try their hand at launching a business, they have a ready-made customer base and marketing platform at their fingertips. Social media platforms recognize that potential and have
CEFutcher | Getty Images Jessica Duckett’s Teddy Bear Day Care and Preschool is feeling the effects of the nation’s hiring crunch firsthand. At her Fairfax, Virginia location, Duckett said she is as many as six employees short and has only 60 of a possible 109 children enrolled, simply because she’s not staffed to care for
MoMo Productions | Stone | Getty Images Amid the “Great Resignation” and ongoing pandemic, millions of Americans are quitting their jobs to become their own bosses. In October, there were about 9.44 million unincorporated self-employed individuals in the U.S., according to data from the U.S. Bureau of Labor Statistics. Since April 2020, the number of
Jennifer Sutton, pictured with her children, quit her job this year to open Guest Haus Juicery & Matcha Bar in Park City, Utah. Courtesy: Jennifer Sutton Jennifer Sutton was burned out. When the Covid-19 pandemic hit, the 37-year-old advertising executive suddenly found herself juggling work and remote schooling for her two young children. Even when
Sign on glass reading Thank You For Supporting This Local Business in a bakery in Walnut Creek, California, September 15, 2021. Photo courtesy Sftm. (Photo by Gado/Getty Images) Gado | Archive Photos | Getty Images Over one-third of Americans (34%) say they plan to shop on Small Business Saturday, a rebound from 2020, but spending
Toys are seen at a Target store on October 25, 2021 in Houston, Texas. Brandon Bell | Getty Images Despite high sales expectations for Black Friday, Small Business Saturday, and Cyber Monday, just over half of American consumers don’t plan to shop on some of the biggest days for deals during the holiday season. Fifty-two
A sign reading “Shop Local” with closed restaurants and shops on Main Street on April 10, 2020 in Livingston, Montana. William Campbell | Getty Images While Black Friday may be the biggest shopping day of the Thanksgiving weekend, about half of American consumers are expected to turn out for Small Business Saturday. A survey from
In this article ETSY Darin Mays makes wood tables and sells on Etsy. He sources locally and can quickly navigate supply headaches plaguing other retailers. Larry Falk | CNBC This holiday season, Darin Mays isn’t staring down labor challenges or supply chain woes like some of his big-box competitors, and sales are strong. The entrepreneur’s
Having an emergency fund should be a cornerstone of household budgets. Experts commonly recommend you have at least three months of expenses in savings to handle unexpected setbacks. But how much money should you save to intentionally quit your job? That is a harder question to answer. For Tori Dunlap, founder of the woman-focused financial