Tag: Small Business News


Young entrepreneur ‘gloves’ his way to $8 million mark—and beyond

Source: Justin Stephens Young entrepreneur Brian Lim, founder of EmazingLights.

Brian Lim isn’t your typical “glover.” What is “gloving,” exactly? Young Entrepreneur Lim didn’t know either, until his then girlfriend and now fiancee got him into the trend in 2010. Gloving is a form of dancing typically showcased at raves or large parties or festivals, and electronic dance music events. Dancers face off wearing gloves that have lights on the gloves’ fingertips. Lim, now 27, has the glove dance moves down, plus a multimillion-dollar business,Read More

Small Business Saturday Becomes Holiday Tradition in Communities Across the Country in Only Five Years

Since 2010, customers and small businesses alike have been able to kick start their holiday shopping season on a day celebrating the uniqueness, charm and economic impact that small businesses bring to communities nationwide. Recognized as Small Business Saturday – taking place the Saturday following Thanksgiving each year – this celebratory day was founded to encourage consumers across the country to support local, small businesses within their hometowns and beyond. In only five years, SmallRead More

Google Acquires Directr, a Small Business Video Marketing Startup

Details of the deal were not disclosed, but Directr is a relatively small operation, having only raised $1.7 million in funding. The company will integrate into YouTube’s video ads division. “Our small band of scrappy film lovers set out 2 years ago to help regular folks make great video. Today, we are incredibly excited to take the next step on that journey and announce that we are joining the video ads team at YouTube,” DirectrRead More

The Midterm Elections: A Small-Business Primer

Think back to this time last fall, and you’ll remember Congress had shut down the federal government over a budget impasse, and political sniping led to the nation nearly defaulting on its debt. Both scenarios created huge headaches and uncertainty in the U.S. and for small business owners. Now with Election Day just three weeks away, some small business owners are wondering whether a similar firestorm is on the horizon. To find out more, IRead More

Sinopec Intends to Sell Up to a 30% Stake in New Gasoline, Convenience-Store Unit

China is kicking off a potentially significant experiment in injecting some entrepreneurial juice into its state-owned firms. State-owned China Petroleum & Chemical Corp., known as Sinopec, last week started the process of vetting would-be investors in a new unit that operates more than 30,000 gasoline stations and 23,000 convenience stores in some of the richest areas of the country. Some 37 companies and consortia—including Chinese Internet power Tencent Holdings Ltd.—have expressed interest, according to peopleRead More