Blog: Small Business
Women in small business are powering the nation’s economy
Women in small business are a force to be reckoned with: according to the National Association of Women Business Owners (NAWBO) more than 9.4 million firms are owned by women. These organizations employ nearly 7.9 million people and generated $1.5 annual trillion in revenue as of 2015. Additionally, women-owned firms represent the nation’s diversity in more than just gender: 2.9 million firms are majority-owned by women of color, and they employ 1.4 million people while generating $226 billion annually in revenues. Read More
Small businesses seize opportunities in renewable energy
Small businesses have been making major moves in an industry that is anything but small: renewable energy. In the United States, nearly 800,000 jobs have been created because of renewable energy, and the industry is showing no signs of slowing down. Since 2016, solar energy has been creating jobs at 17 times the rate of the national economy, and a new wind turbine gets installed in the United States every 2.4 hours. Participation in this industry puts a company at the vanguard of the energy sector, allowing them to grow with the demand for “green” energy. Read More
The best resource for growing your small business might be right around the corner
A vital piece of the Goldman Sachs 10,000 Small Businesses program's success is its network of community colleges around the country. Key to the delivery of its business education, they are also a resource often under-utilized by the larger business and entrepreneurial ecosystem. Read More
Microloans are helping small businesses take big steps
Discussion of small business lending often focuses on large amounts of money that enable a business to start or grow. However, there is an alternative funding model that has been gaining steam: microloans. Read More
Meet the multi-generational business that grew out of one family’s story of survival
Three Brothers Bakery has deep roots. Before it was a “Houston institution,” employing 65 people at 3 locations in one of America’s most diverse cities, it was a small bakery run by the Jucker family in nineteenth- and early twentieth-century Poland. When World War II spread throughout Europe, the family was sent to Nazi concentration camps. On May 8, 1945, Sigmund Jucker woke to find that the camp’s SS soldiers had fled. He cut through the surrounding wire fence, leading himself and the other prisoners to freedom. Read More