A muffin? That'll be $5.50. (Thank inflation.)

Jun 21, 2023
Inflation is cooling, but food prices are still much higher than they were a year ago. Bakery products, in particular.
Blue Sky Bakery in Brooklyn, New York, has had to raise its prices to keep up with its costs.
Samantha Fields/Marketplace

Small-business owners' confidence is down, even though most say business is good

Mar 29, 2023
The latest small business index is an example of the disconnect between people’s experience of the economy and their perceptions of it.
Business owners generally are not feeling optimistic about the economy. Many are putting off buying new equipment or renovating storefronts due to inflation.
andresr/Getty Images

Increased scrutiny on banks raises specter of tightening credit

Mar 16, 2023
Banks may get stingier and more selective with loans, and that could hurt businesses that need them.
Smaller businesses often turn to small and midsize banks to help expand their operations. But those banks may be getting more selective with loans.
Drazen Zigic/Getty Images

New location means smarter budgeting for Michigan retailer

Mar 10, 2023
Annie Lang-Hartman, owner of Wild Lettie, just signed the lease on a new location, hoping to expand her product offerings.
As Wild Lettie expands to three stores, there is a lot of work to do to set up shop.
Courtesy Annie Lang Hartman

In China's most locked-down city, business can resume but recovery is a long way off

Feb 21, 2023
The Chinese city of Ruili, on the border with Myanmar, has had more lockdowns than almost any other place in China.
A jade seller and two women stare at their cellphones in Ruili. Vendors are trickling back to the Jiegao jade market, but customers are few and far between.
Charles Zhang/Marketplace

Online advertising has been getting more expensive. That's pinching small businesses.

Feb 17, 2023
Some small firms can't afford not to advertise.
Owners of online businesses, like Kate Matsudaira of Ink+Volt, rely on digital advertising to spread awareness of their offerings. She recently hired a full-time social media manager.
Justin Sullivan/Getty Images

Why layoffs are picking up at small businesses

Jan 4, 2023
The labor market is still pretty tight, but the smallest businesses are more vulnerable to an economic downturn.
Businesses with fewer than 10 employees tend to have a harder time building up cash to weather a recession, and may turn to layoffs as a cost-cutting measure.
fizkes/Getty Images

For public good, not for profit.

The economics of holiday markets, explained  

Dec 22, 2022
Here's how holiday markets help small businesses and artisans earn up to 50% their annual sales in the last six weeks of the year.
The Downtown Holiday Market in Washington, D.C. hosts 80 artisans and small business vendors and attracts thousands of visitors in November and December.
Courtesy Downtown Holiday Market

“Newsflash: Not all horses have perfect hair” 

Nov 24, 2022
After designing an “Afrocentric” hairpiece for her horse, Chanel Rhodes set about making colorful horse wigs for sale.
As a little girl, Chanel Rhodes never saw people like her riding horses. Now she’s an equestrian entrepreneur.
Courtesy Chanel Rhodes/Andrew Garces

Small businesses are worried about inflation and hiring, in that order

Nov 8, 2022
Businesses with 500 employees or fewer — often far fewer — account for about 40% of private payroll in this country. A couple of recent surveys show they’re cautious about the future.
Hiring has recently fallen at small businesses across the country.
Kamil Krzaczynski/AFP via Getty Images