Small Business
265 results total, viewing 11 - 20
A slowdown in military orders due to budget cuts last year nearly ruined Newport-based Wild Things LLC, a provider of outerwear and tactical clothing. “The military didn’t order anything for months,” CEO Edward Schmults recalled. But some belt-tightening and the closing of a New Hampshire office helped the company survive. The firm is now expanding its military product line for year-round use and is making strides in the consumer market. Above, Schmults, left, and Chief Operating Officer Frank Tarrantino research fabrics for new fire-retardant combat pants. more
Family-owned businesses are a fixture of American enterprise. According to the U.S. Census Bureau, nearly 70 percent of all businesses in the U.S. are family businesses of one kind or another. And while most of them are small, many big companies – even in the Fortune 500 – are family controlled. more
The U.S. Small Business Administration supported lending $86.5 million to Rhode Island businesses in the fiscal year that ended Sept. 30, an increase of 26 percent from the $68.6 million loaned a year earlier. more
After selling pagers for about three years, Ray Leung started working with the company that would become Wireless Zone in 1996. It’s been a profitable partnership for Cumberland’s Leung. He’s now president of CRMS Inc., which owns 12 Wireless Zone businesses, including four in Rhode Island. At right is Leung, at the Taunton Ave. Wireless Zone store in East Providence, with store manager Brad Lavoie. more
What business owners need to know about changes in health care laws, corporate income and estate tax codes, the potential for a federal Internet tax and a new electronic unemployment claims process will be the focus of the PBN Summit on Government Regulations & Business Nov. 6. more
Setting goals. Generating ideas. Making plans. Gathering information. These things are all important to a business owner or entrepreneur with aspirations. But they won’t get you where you want to go without one more vital ingredient: Execution. more
When John Wood and his wife, Alexandra “Aly” Marks-Wood, bought property in Portsmouth, built a new 3,000-square-foot building and bought equipment to launch The Green Grocer, they had no way of knowing their new business would face the layers of challenges added by the financial crisis that became known as the Great Recession. more
Score, the U.S. Small Business Administration-sponsored organization that connects successful business executives with small businesses that they mentor, has released its most recent Current State of Small Business infographic. more
Don’t let the small mountain of coal overlooking the Port of Providence fool you. more
Just beneath the scenic surface of Narragansett Bay lies a murkier side of Rhode Island’s maritime legacy. more
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