May 18, 2014
When ‘Going Lean’ Goes Wrong
By ROBERT J. MOORE
Preserving capital by going lean is all the rage, but start-ups can falter if they confuse lean with cheap.
Mark Cleveland bought Hobby Lobby International in 2009, and aimed to expand its radio-controlled products.
Hobby Lobby International has almost the same name as a far larger and socially polarizing company. Experts recommend rebranding.
With robots and skilled labor, Drew Greenblatt re-engineered his firm from one making simple wire baskets to one producing custom pieces for aerospace clients.
Nowadays, the bar for grabbing attention has moved higher — or, more precisely, lower.
An urban area filled with empty buildings and an underused labor force offers some powerful advantages but it also has its challenges.
Small businesses can use tools on Facebook to track customers from ad to website, and target audiences more precisely.
Carlos Vega, a New Jersey pizzeria owner, faced a decision: Should he expand his small restaurant or concentrate on selling his popular red sauce?
Jimmy Beans Wool, a successful, growing online yarn merchant, expanded and ran into trouble.
Though not designed as an e-commerce site, Instagram can offer shoppers the thrill of discovery.
The founder of a company that helps people and businesses control their online reputations recommends acknowledging errors.
A number of trends, including widespread pet ownership and the rising incomes of owners, are combining to spur a growing pet product industry.
The 1 Million Cups program is run by entrepreneurs, and local chapters are springing up across the country.
Thirty-four years ago, Donna Speigel opened a consignment store in Cincinnati. Today she has 11 stores, 90 employees and annual revenue that she said exceeds $5 million.
A start-up looks for a way to get stalled revenue growth moving again.
Figuring what to charge customers for a product or service can be difficult, but some entrepreneurs are using pricing software or time discounts to their advantage.
By redistributing financial risk, the new health-insurance system might prove a boon to entrepreneurs.
Photos from readers that reveal something meaningful about the ups and downs, the grind and the rewards of building a business.