Updated April 25 at 4:56pm
Small Business
232 results total, viewing 211 - 220
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
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
Bristol’s Dynamic Bicycles Inc. sees opportunity in the growing popularity of public and private bike-share networks. The company makes shaft drive systems that propel bicycles without a chain, potentially a major advantage for riders, such as tourists, not dressed in clothes designed for cycling. “It is an exploding market and one that benefits the most from chainless technology,” said company founder Patrick Perugini. Above, from left, Dynamic employees Justin Plamondon and Jaime Raposa, with owners Devin Kelly and Perugini. more
A business that serves commercial fishermen has built-in challenges, among them weather, changing fish populations and federal regulations that substantially impact planning and development. To survive and thrive, a marine design and supply business has to be nimble, innovative and just plain determined. 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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