As the world continues to evolve and adapt post-pandemic, small businesses are at the forefront of this transformation. Many have faced unprecedented challenges, yet they have consistently shown remarkable resilience and ingenuity. At the heart of this narrative is the story of Ghassan Bilaih, owner of Gyro Oasis Deli & Grill in Irving, Texas. His
Industry Perspectives
As of 2022, the United States recorded a staggering trade deficit of nearly $1 trillion, predominantly marked by a substantial $948.1 billion gap between imports and exports. This notable increase in the trade deficit by $103 billion from the previous year comes at a time when the U.S. is reevaluating and restructuring its global supply
In an economic landscape dominated by massive corporations such as Target and Walmart, the charm and resilience of small businesses in the United States is undeniable. Contrary to popular belief, while these retail giants may have endless aisles and sprawling parking lots, the heart of America’s consumer culture beats for small enterprises. A staggering nine
Despite ongoing economic challenges, the U.S. has displayed an unexpected degree of resilience. A recent analysis by J.P. Morgan highlights improvements in inflation and supply chain dynamics post-pandemic. This is a notable feat considering the systemic disruptions experienced in recent years. Companies are not merely returning to pre-pandemic practices but are actively restructuring their supply
In 1997, when Gisele Gardner made the life-changing decision to leave her home in Rio de Janeiro, Brazil, she had no plans of transforming her life into a successful business venture in the pristine paradise of Kauai, Hawaii. Her initial dream was to finish her studies in marine biology – a noble pursuit indeed. However,
The notion of breaking free from the confines of a traditional job to start one’s own venture is not just a fleeting fantasy for many; it’s a tantalizing prospect that has propelled numerous professionals into the entrepreneurial sphere. Iconic examples abound—take Jeff Bezos, who traded his prominent VP role at D.E. Shaw for an audacious
In an age where superchains and online retail giants dominate the market, it’s refreshing to witness a renaissance of independent boutiques carving out their niche on the high streets of America. These independent stores are not merely retailers; they represent a crucial lifeline connecting communities, unique cultures, and local economies. They operate not just as
As we enter 2024, a noteworthy transformation is taking place across the United States: a surge in minimum wages. This change is not merely a formality; it reflects the reality in which many small businesses find themselves—the need to adapt to a tightening labor market precipitated by the pandemic. Throughout 22 states, local governments and
In recent years, minority-owned businesses have emerged as critical pillars of resilience and innovation within local economies across the United States. The surge in entrepreneurship among Black, Indigenous, and other People of Color (BIPOC) is not only reshaping market landscapes but is also redefining what it means to succeed in business. Black women, in particular,