It started with just a few hundred dollars. Entrepreneur Nakia Vestal escaped human trafficking as a teenager and began working at beauty salons and shops. After gaining experience and disliking her job opportunities, Vestal decided to go into business for herself. In 2017 and with $400, Vestal founded DollMaker Lashes, a beauty studio in Houston,
Small Business
U.S. President Joe Biden delivers remarks on economic growth, jobs, and deficit reduction in the Roosevelt Room at the White House in Washington, U.S., May 4, 2022. Evelyn Hockstein | Reuters Fewer small business owners now than a year ago approve of the job Joe Biden is doing as president. In fact, small business owners
After a career in corporate America, IyaSokoya Karade turned her love of gymnastics and her retirement savings into a new enterprise: opening a youth fitness center in her local community. She soon learned that having a passion wasn’t enough to create a sustainable business. One of her earliest mistakes, she said, was not paying herself
Hopkinsville Brewing Company co-owner Kate Russell, pictured to the right of co-worker Joey Medeiros, said the business has had to raise prices due to inflation. Mary Katherine Russell Small business owners have had a few rough years. First, the Covid-19 pandemic caused many to lose revenue. Now, they’re dealing with higher costs as inflation rises.
Main Street and Wall Street are often at a distance when it comes to the state of the economy. The likelihood of a recession hitting in 2022 is the latest example. Both camps are bearish, but small business owners are leading the way in negative sentiment — by a notable margin. Wall Street has been
Stacey Abrams, Democratic gubernatorial candidate for Georgia, speaks during a ‘One Georgia Tour’ campaign event in Atlanta, Georgia, U.S., on Monday, March 14, 2022. Elijah Nouvelage | Bloomberg | Getty Images Companies are under intense pressure to speak out on a variety of political issues at local, state and national levels. Whether it is police
Reading the fine print or understanding available offers means you could be saving money or taking advantage of refunds or freebies that you might not have otherwise known about, like a brand-new pair of Nike sneakers. That’s the kind of attention to detail that can lead to some surprising upsides, according to Erika Kullberg, lawyer
Ulta Beauty has doubled the number of Black-owned brands that it carries. Ulta Beauty Major beauty retailers are boosting small, minority-owned businesses as Black female entrepreneurship helps bridge an employment gap. As of last year, 17% of Black women in the U.S. were in the process of starting or running new businesses, according to the
Goddess Brouette, 22, decided to receive lip treatment at Upkeep Medical Spa in Manhattan during the pandemic. Source: Goddess Brouette Goddess Brouette didn’t want to wait much longer. It was time to get her lips filled. After months of research, she decided last year to get a treatment at Upkeep on the Upper East Side
A lot of college students have thought about launching a start-up, but many get stuck on the best way to do it — or what risks they’ll encounter. Starting your own business is always going to be a gamble. But if you can identify a need for a product or service, know your customer, have
U.S. President Joe Biden speaks on developments in Ukraine and Russia, and announces sanctions against Russia, from the East Room of the White House February 22, 2022 in Washington, DC. Drew Angerer | Getty Images Over 400 multinational corporations have pulled out of Russia as a result of its invasion of Ukraine. It’s not only
Reading the fine print means you could be saving money that you might not have otherwise known about, according to Erika Kullberg, lawyer and founder of Plug and Law, a legal tech start-up for small businesses and entrepreneurs. Kullberg found that you could be eligible for compensation for everything from getting bumped from your flight
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