February 1, 2013 |
Local and Chicago investors behind the SugarHouse Casino have settled a dispute over terms of their partnership that had created a roadblock to an expansion of the city's first gaming hall. The two sides reached a settlement Tuesday but did not disclose terms of the agreement, said Jack Horner, a spokesman for SugarHouse. "The pending lawsuit relating to SugarHouse Casino and its partners has been resolved amicably, concluding a dispute regarding the casino's business plans," Horner said in a statement.
January 29, 2013
C HRIS STANCHAK, 35, a Wharton grad who lives in Center City, is CEO of TicketLeap, an online ticketing and event-marketing firm he founded in 2003. The company , on Walnut Street near 24th, has 25 employees. In 2012, it handled $55 million in gross ticket sales on its platform, which is integrated into social-media sites. Q: What was the idea for the business? A: A buddy was having a party at a club he wanted to sell tickets to, and asked me to build a Web-based system to process ticket sales for the event, but it got canceled.
January 15, 2013 |
As officials described the Goldman Sachs 10,000 Small Businesses program last week, I was reminded of another educational effort aimed at ongoing enterprises. The U.S. Small Business Administration launched its Emerging Leaders 200, or e200, training program - described as providing MBA-like curriculum to people with little time or money to pursue one - in Philadelphia in 2008. Both programs focus on operating businesses, not start-ups. The required minimum is at least two years in business for the Goldman Sachs effort and three years for e200.
December 18, 2012 |
Lucy and Herman Bigham's home on a tidy West Philadelphia block is more than 7,400 miles from the litter that has both bothered and inspired them. Inspired them, that is, to start a small business with anything but a small agenda. They are out to turn plastic shopping bags in her native Kenya into a valuable commodity and elevate the fortunes of impoverished women there. Of course, they also hope it leads to profit - which their backers here think is doable. After all, that's part of the goal of social enterprise: to make money to do more good.
December 11, 2012 |
It seemed like a good idea at the time, Evy and Ted Inoue advertising their new business by customizing their $25,000 Ford van to resemble their beloved dog. Kudos was a basset hound-cocker spaniel mix, whose personality was so bright he inspired a business plan: a start-up that would let people share online thanks to everyone from good Samaritans to great contractors. The New Hope couple named their business after the pooch, OurKudos.com. "That was supposed to be our promotional vehicle," Evy says in her kitchen, looking out the window at her creation - brown and white, with soft eyes, arched eyebrows, furry black ears that droop over the rear doors, a red tongue that sticks out of the grill and a white, adjustable tail.
November 18, 2012
3-month and 6-month bills , Nov. 19; 2-year notes , Nov. 27; 3-year notes , Dec. 11; 5-year notes , Nov. 28; 7-year notes , Nov. 29; 10-year notes , Dec. 12; 30-year notes , Dec. 13; 5-year TIPS , Dec. 20; 30-year TIPS , Feb. 21. Business Referral Luncheon , presented by BNI, King of Prussia chapter. Peppers Italian Restaurant, 236 Town Center Rd., King of Prussia; 610-792-2105. Reservations required. 11:30 a.m.-1 p.m. Networking Meeting , presented by BNI, Fort Washington chapter.
October 24, 2012 |
Pennsylvania small-business owners are delaying hiring plans to see who wins the fall elections, Philadelphia-based accounting firm ParenteBeard says, after surveying 70 Pennsylvania small-business bosses. Four in 10 said they're waiting for the vote before executing their current plans to add staff, John Nealon , head of the firm's small-business accounting practice, told me. (Despite persistent high unemployment, one in eight employers said it's so tough to find "qualified, talented new hires" in today's market that this has become their biggest challenge, though larger groups cited economic uncertainty, health insurance costs and weak consumer spending.)
October 23, 2012 |
The Tucson fringe ring clutch for sale at Fishtown's Adorn Boutique just might be a must-have. So, too, a slice of butterscotch bourbon from Magpie Artisan Pie Shop on South Street. In Point Breeze, the American Sardine Bar, successor to what was a neighborhood scourge, is now a cozy eatery. But it's possible that nobody would have known without going inside those commercial establishments - underscoring one undeniable small-business fact: Curb appeal is no less important in this world than it is in residential real estate.
October 2, 2012 |
Growing a tree-service business that now has more than $1 million in revenue and is on the verge of something way bigger - becoming the first U.S. franchise of its kind - is not at all what Josh Skolnick had planned when he responded to a call for help four years ago. Skolnick was just doing a favor for a frantic father of young girls when the Fort Washington native responded to a request in June 2008 to take down a dead elm. Back then, trees...
August 3, 2012 |
What is the most unlikely career choice of a onetime high school and college basketball star whose NBA career was dashed by back injuries? How about cream-puff salesman? And not the used-car kind of cream puff - which might make sense - but the cream-filled pastry ball. Which is the new vocation of Brian Zoubek, the 7-foot-1 center for Haddonfield Memorial High and the 2010 national championship Duke Blue Devils. He's seeking profit in profiteroles. This week in his hometown, Zoubek, 24, opened Dream Puffz - "the Z is for me" - a spare, modern corner storefront next to Bread Board Plus.