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Startups see a market in renting couches by the month

furniture rentals

Zachariah Mohammed’s living room is filled with stuff he doesn’t own. He pays $200 a month for the sofa, side table, bar cart, dining table and four chairs in his living room. It’s worth it, the 27-year-old New Yorker says. If he needs to move, which he’s done twice in the last 12 months, he won’t need to lug a ...

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2020 brings higher labor costs for small businesses

In this 2019 file photo barista Porter Hahn makes an iced coffee drink for a customer in a coffee shop in Seattle. As of Jan. 1, 2020, there are higher minimum wages in a quarter of the states, and new federal overtime rules. (AP Photo/Elaine Thompson, File)

Small business owners have plenty of changes to deal with as 2020 begins — higher labor costs for many companies, and some owners will discover that they have to comply with new laws that aren’t on the books in their own states. As of Jan. 1, there are higher minimum wages in a quarter of the states, and new federal ...

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Businesses facing new overtime rules in new year

money

The new year brings new overtime rules for employers including small businesses and in turn, a pay raise for an estimated 1.3 million workers. The Labor Department rules that go into effect Jan. 1 raise to $684 per week, or $35,568 a year, the threshold at which employees are exempt from being paid overtime. That’s a 50.3 percent increase from the ...

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Holidays bring phishing scam surge aimed at small business

FILE - In this Oct. 8, 2019, file photo a woman types on a keyboard in New York. Phishing scams that infect a computer and potentially allow hackers to invade bank and other accounts are highly preventable, but it takes eternal vigilance on the part of computer users. (AP Photo/Jenny Kane, File)

The email looked legitimate, so Danielle Radin clicked on the link it contained, expecting to have her products included in a holiday gift guide. “I instantly regretted it,” says Radin, owner of Mantra Magnets, a website that sells wellness products. “It took me to some random website that looked like those pop-ups telling you that you’ve won the lottery.” Within ...

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Small businesses need help with labyrinth of state, local laws

Annie Venditti, vice president of operations at clothing retailer American Rhino, stands for a photograph in the store, in Faneuil Hall Marketplace, in Boston. (AP Photo/Steven Senne)

When American Rhino, a retailer inside Boston’s Faneuil Hall, expanded to an unused space on the landmark building’s second floor, the company discovered the labyrinth that is local laws and ordinances. “There were lots of twists and turns — you really don’t know what’s going to happen next,” says Annie Venditti, the company’s vice president of operations. “You learn by ...

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Small business owners still have time to save on 2019 taxes

3d colorful buzzword text 'tax' on the background of income tax wordcloud.

With a little over one month to go in 2019, small business owners should think about purchases or investments that make good business sense and will give them a break on their taxes. Owners with available cash and a wish list should consider what equipment they need. Or, do they want to create a retirement plan or make a big ...

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Veterans can get entrepreneurial help from government and private sector

In this file photo, visitors to the Pittsburgh veterans job fair meet with recruiters at Heinz Field in Pittsburgh(AP Photo/Keith Srakocic, File)

For many people who leave military service, the next logical step is becoming an entrepreneur. There are federal, state and private sector resources for veterans to help them learn about operating a business, and, when their companies are up and running, get financing help, mentoring and government contracting opportunities. Entrepreneurship is appealing to many veterans; more than 6% of all ...

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Report: Women company owners say they’re not taken seriously

In this file photo, commuters walk through a corridor in the World Trade Center Transportation Hub in New York. Women business owners can find it hard to be taken seriously even as their companies grow into multimillion-dollar enterprises. That’s the finding of a report released last week by Babson College and Bank of America that analyzed the challenges women encountered as they were building their companies.  (AP Photo/Mark Lennihan)

Women business owners can find it hard to be taken seriously even as their companies grow into multimillion-dollar enterprises. That’s the finding of a report released last week by Babson College and Bank of America that analyzed the challenges women encountered as they were building their companies. Rather than doing a traditional survey to compile their report, the researchers who ...

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Market for small businesses cools further, according to report

FILE - In this Aug. 23, 2015 file photo, the sun rises behind Main Street in Plains, Ga. The market for small businesses cooled further during the third quarter as fallout from trade wars made companies look less appealing to buyers. (AP Photo/David Goldman)

The market for small businesses cooled further during the third quarter as fallout from trade wars made companies look less appealing to buyers. That’s the finding of a quarterly report analyzing small business sales released by BizBuySell.com, an online marketplace for companies. BizBuySell.com counted 2,454 small businesses sold during July-September, down 8.6% from 2,685 sold in the same period last ...

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