Business Owner

"I truthfully didn't even know the word entrepreneur. I was in my late thirties, and I didn't know the word 'brand,' I didn't know the word 'entrepreneur,'" Bethenny Frankel, founder of SkinnyGirl, told Sharon Epperson at the CNBC Small…

Fg Trade | E+ | Getty ImagesSmall business confidence has hit an all-time low as the majority of Main Street expects runaway inflation and a Federal Reserve that is incapable of engineering a soft landing for the economy.In fact, the…

Damircudic | E+ | Getty ImagesWith recessionary winds whirling, many small business owners have already cut back, but more trimming may be needed to weather the economic storm that's brewing.U.S. economic growth fell 0.9% in the second…

The U.S. Federal Reserve increased its benchmark interest rate by 75 basis points to a range of 1.5%-1.75% in June — the biggest increase since 1994. Fed Chair Jerome Powell (above) flagged there could be another rate hike in July.Mary F.…

The federal government awarded $154.2 billion to small businesses in fiscal year 2021, an $8 billion increase from the previous fiscal year, according to data from the Small Business Administration released Tuesday.That's a record 27.2% of…

For many small businesses, access to funding can be a matter of life and death. The stakes are especially high given that 18.4% of U.S. businesses fail within the first year, 49.7% after five years and 65.5% after 10 years, according to a…

Many small company owners don't know what their enterprise is worth, a practice that can amount to risky business.A whopping 98% of small businesses polled by M&T Bank over the past two years didn't know the value of their companies.…

Small business owners are among the Americans most likely to fall behind on saving for retirement. Investing back into a business is more often a priority for entrepreneurs with any excess cash than investing in a long-term tax-deferred…

Some of the highest profile cyberattacks on the U.S. in recent years are alleged to have originated in Russia, including the 2021 attack on the Colonial Pipeline — the largest fuel pipeline in the U.S. — the SolarWinds attack in 2020, and…

When Lucy Yu was 7 years old, she told her mom she wanted to retire and open a bookstore one day. She'd always loved reading and, as the only child raised primarily by her single mother who immigrated from China, turned to books as a source…