Is this coffee shop going to grow to be the next Starbucks?
October 31, 2013 New businesses normally create many of the new jobs in the American economy. But since the financial crisis, the pace of business formation has slowed sharply. Some economists worry that with fewer companies forming for five years now, that's going to stunt job growth for years to come.
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October 25, 2013 Digital tools make starting a small business easier than ever. There are apps and websites to incorporate, find lawyers, make payroll, manage HR and marketing. Convenience can come at a price, however, if it means entrepreneurs aren't making personal connections as they establish their businesses.
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Gary Robins sits in the chair of his Supercuts salon in Media, Pa., one of 41 he owns throughout Philadelphia and Delaware.
Will Figg for NPR
October 17, 2013 Franchising is commonplace throughout the retail and service economy, whose pioneers included a former servant turned hair salon owner in the late 19th century. Such businesses are not for everyone, but Gary Robins, who owns dozens of Supercuts, says the setup has allowed him to grow more quickly than if he were on his own.
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Sweetgreen co-founders Nathaniel Ru (from left), Jonathan Neman and Nicolas Jammet at the opening of a Virginia location last year.
Courtesy of Sweetgreen
October 10, 2013 When politicians say that small businesses are key to job growth, what most people imagine are mom-and-pop shops — the dry cleaner or coffee place. It may make a good sound bite, but research shows that most small businesses stay small. Only a fraction of these do grow into something big.
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Since the recession ended, small businesses have started to rebound. But they still face headwinds.
September 24, 2013 The neighborhood hardware store, the cozy diner, the independent bookstore — they have seen customers leave in droves for Lowe's, Starbucks and Amazon.com. After shrinking dramatically during the Great Recession, small businesses are starting to grow again. But they still face plenty of headwinds.
September 24, 2013 Small businesses are celebrated and exalted as the hard-working, most deserving members of the political economy. They get tax breaks, and they're touted as the engines of job creation. But it turns out that when trying to figure out what a small business is, there is no one definition.
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