Archive: August 3, 2008 - August 9, 2008

Small Businesses Suffer from Company Fraud

Any business is vulnerable to fraud within its ranks, but small firms are especially susceptible, according to new data from the Association of Certified Fraud Examiners. The median loss suffered by organizations with fewer than 100 employees was $200,000, a figure higher than the median loss in any other category...

By Sharon McLoone | August 8, 2008; 4:50 PM ET | Comments (3)

Never Give Up on a Good Thing

Panos Panay left Cyprus for Boston armed with a guitar and primed to be the next George Benson. But he realized he had a serious problem in 1991 when he got to Boston's Berklee College of Music: "I just didn't have any innate musical talent." Not wanting to leave the...

By Sharon McLoone | August 7, 2008; 12:24 PM ET | Comments (1)

Energy Costs Loom Large for Small Firms

Small firms are fretting about high energy costs as colder temperatures lurk just around the corner and gas prices go sky high. The National Association for the Self-Employed recently released a survey in which 95 percent of respondents said increased energy costs are affecting their work. One of the largest...

By Sharon McLoone | August 6, 2008; 11:18 AM ET | Comments (1)

Are You Being Served?

Some people have skeletons in their closets, others have servers. When D.C. residents Bethany Robertson and Peter Murray founded the I Do Foundation in 2002, a small Washington nonprofit, they enlisted the help of a technology expert to manage their server. The only inconvenience? He lived in Philadelphia. And so...

By Sharon McLoone | August 5, 2008; 9:31 AM ET | Comments (1)

Bluemercury Blossoms as Other Firms Wither

Beauty boutique Bluemercury founder Marla Malcolm Beck has slowly and steadily built a chain of 28 stores throughout the country by relying on the best advice she ever received - DROOM, or don't run out of money. Washington Post Staff Writer Ylan Q. Mui interviews the entrepreneur in her profile...

By Sharon McLoone | August 4, 2008; 11:39 AM ET | Comments (0)


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