Business Insights

In recent years, the entrepreneurial spirit has surged, bringing forth a wave of new businesses that range from tech giants to local boutiques. The year 2021 recorded a staggering 5.4 million new establishments, displaying an immense appetite for entrepreneurship. Yet, this vibrant landscape is not without its challenges—statistics reveal that one in twelve new businesses

In the vibrant city of Atlanta, Georgia, where culture mingles with history, Teneka Williams has cultivated more than just flowers at her shop, Royal Petals ATL. As an accomplished entrepreneur, Teneka is not only growing a business but also nurturing community connections through her floral artistry. With an impressive dedication to both her craft and

The advent of generative AI technology has sent shockwaves through the business world, arriving with a speed and intensity that few anticipated. Since the debut of OpenAI’s DALL-E 2 in summer 2022, we have witnessed an unprecedented escalation in the development and deployment of AI tools. Major tech corporations are engaged in a fervent race

The impact of the COVID-19 pandemic has reverberated across industries, particularly for small businesses that serve as the backbone of local economies in the U.S. Among these, Gyro Oasis Deli & Grill, located in Irving, Texas, stands out as a beacon of resilience. Owner Ghassan Bilaih, who transitioned from a 20-year corporate career to the

In 2022, the United States faced a staggering trade deficit, teetering near $1 trillion, with imports far surpassing exports by approximately $948.1 billion. This increase of $103 billion from the previous year can be attributed to various factors, including a reconfiguration of global supply chains following the pandemic and persistent trade tensions with China. Notably,

In a marketplace dominated by heavyweights like Target and Walmart, the essence of American shopping behavior skews remarkably towards the small and local. The compelling statistic that nearly 90% of American consumers engage with small businesses at least once a week speaks volumes about the nation’s inclination towards homegrown commerce. Yet, beneath this preference lies

In a fluctuating economic environment that has seen its fair share of turmoil, the U.S. economy is proving to be more resilient than many anticipated. Recent insights from J.P. Morgan highlight that inflation is on a downward trajectory, and supply chains, once crippled by pandemic-induced challenges, are nearing realignment. Companies are transitioning from reactionary measures

In the vibrant tapestry of entrepreneurial narratives, Gisele Gardner’s journey stands out as a bold illustration of resilience, adaptability, and the transformation of challenges into opportunities. Her story begins not in the lap of luxury but rather in an earnest quest for personal growth. When Gisele abandoned the sun-soaked shores of Rio de Janeiro for

When individuals reach a certain pinnacle in their careers, the concept of entrepreneurship often emerges as an enticing proposition. For many, the leap from a stable corporate job to the uncertain terrain of self-employment presents a thrilling challenge. Historical moguls like Jeff Bezos exemplify this transformation; he vacated a prestigious position at D.E. Shaw to

In an era dominated by colossal retail chains and the omnipresent online shopping landscape, independent boutiques face a daunting challenge. Yet, these local gems play a crucial role in cultivating community engagement and preserving regional culture. The charm of an indie store extends beyond merely selling products; it’s about creating an experience. For many consumers,

The beginning of 2024 marked a pivotal moment in the American labor landscape, with 22 states raising their minimum wage levels. In an era where economic disparity often dominates discussions, these shifts provide a glimmer of hope for many workers. In addition to statewide increases, a staggering 38 cities and counties opted to implement even

In recent years, there has been a significant surge in the establishment of minority-owned businesses, particularly among BIPOC (Black, Indigenous, and People of Color) entrepreneurs. These enterprises are more than just financial ventures; they represent a crucial catalyst for economic empowerment and social progress within communities. While notable strides have been made—especially within populations such