October 30, 1989 |
A New England shoe chain walked to the top of the Forbes 1989 list of the "200 Best Small Companies in America." Insurers, specialty retailers and restaurants dominated the rankings but California led all states with the most companies on the Forbes list. Boston-based J. Baker, a newcomer to the list, took top honors with the highest return on equity--a five-year average of 100%, Forbes reported in its Nov. 13 issue.
April 5, 1990 |
Entrepreneurs looking for opportunities in California might consider getting into the apparel industry, starting a biotechnology firm or opening a temporary help agency, according to an economic report released Wednesday by Wells Fargo Bank. These areas are particularly attractive for future growth, but small businesses throughout California are thriving, according to Douglas Freeman, executive vice president of the business banking group at Wells Fargo.
July 11, 2007 |
The Small Business Administration has unveiled its latest effort to get serious about being small. The SBA began sending letters last week to as many as 1,000 prime contractors asking them to identify by Sept. 30 any small-business contracts they or their subsidiaries and divisions hold. Federal agencies then could no longer count those contracts toward their goals of awarding 23% of their contract dollars to small businesses.
August 7, 2012 |
SACRAMENTO — State legislation to start a retirement plan for low-income workers who get no pensions and rely only on Social Security has run into a storm of opposition from business groups in Sacramento. The controversial proposal would require private employers to withhold about 3% of the wages of employees who participate. The state would collect the money, invest it and eventually provide a modest sum to retirees who don't have traditional company pensions or 401(k) retirement plans.
October 14, 1998 |
Help is on the way for business owners who scratch for relatively small amounts of capital to expand their operations--say, $50,000 to $500,000. Under legislation recently signed by Gov. Pete Wilson and taking effect July 1, the California Department of Corporations will begin licensing "capital access funds" to invest in small and mid-sized businesses. If it works as expected, the new law will: * Greatly increase the supply of capital available to businesses throughout the state.
August 30, 1993 |
In California, as in the rest of the country, small business is being asked to do an enormous job: spur economic growth. Small companies are indeed vital to job creation and economic expansion. And California--reeling from massive restructurings and downsizing in some of its biggest industries and corporations--certainly could use the help. But don't expect too much from small business, economists warn.
February 13, 1996 |
While California's big banks have captured headlines with pending mergers and promises to do more small-business lending, hundreds of small- and mid-size banks have been quietly giving out more than half the dollars loaned to small businesses in the state. Last year, small banks loaned $2.4 billion to small businesses, while the eight major California banks loaned $1.9 billion, according to a new study by the federal Small Business Administration.
June 12, 1995 |
Patty Shaw, chief financial officer of a Torrance technology firm that bends light for communication purposes, is in the nation's capital today with a goal. As a California delegate to and exhibitor at the White House Conference on Small Business, Shaw wants to ensure that small high-tech companies don't get lost among the 1,790 delegates and 90 exhibitors expected here this week.
April 23, 1994 |
Kathleen Brown put on two hats Friday, as the state's treasurer and a Democratic candidate for governor, to kick off a new government program for small businesses that helps fulfill her campaign pledge to create 1 million new jobs. The goal of the California Capital Access Program is partly to help fledgling companies get an early boost by making small-business loans easier to obtain.
March 20, 1994 |
Forty thousand workers at small California businesses will get an extraordinary piece of good news on Tuesday: At a time when health insurance costs are climbing by 6% to 8% a year, their premiums will actually be reduced for the year starting July 1.