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Lumber Liquidators tops best small biz list
Toano-based Lumber Liquidators has been named the best small business in the country by Forbes in its annual ranking if the 200 Best Small Companies in America. The company makes and sells hardwood flooring.
Read More »Businesses seek tourniquet for health care costs
Insurance agents in Richmond who help businesses select plans say they are hearing from every one of their clients as the recession forces business owners to find savings.
Read More »New businesses, where art thou?
Businesses usually sprout during recessions – when laid-off workers give entrepreneurship serious thought – but the volume of new businesses in Richmond seems to be declining. Richmond has issued 111 business licenses this year,
Read More »Local duo zips up distribution deal
A local husband-and-wife design team will soon have their product sold through direct-response TV and at major retailers nationwide through a licensing agreement with Massachusetts-based distributor Harvest Direct. Chris and Kat Costello, owners of
Read More »The key to success in 2009
This might just be the year of the small business, but buckle up: Things will likely get worse before they get better. Economists often say that each high-paying job at a manufacturing plant or
Read More »Entrepreneurs coming out of woodwork
More people might be starting businesses now that major employers are laying off workers or curtailing raises and career advancement. The Virginia Department of Business Assistance reported that activity for the Business One-Stop website
Read More »State starts program to guarantee souring biz loans
Governor Tim Kaine has authorized the state to guarantee a total of $3 million in existing small business loans for Virginia businesses. The Virginia Small Business Financing Authority quickly approved a new program to
Read More »More SBA-backed loans in Virginia going into default
The number of delinquent Small Business Administration-insured loans in Virginia is rising. Last week BizSense reported that bankruptcy filings for businesses and individuals is rising in Richmond. The SBA could not provide statistics in
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