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10 most entrepreneurial states

Arizona is a sizzling spot for startups. People were more likely to launch businesses here than in any other state in the country last year. Arizona has benefited from a steady stream of entrepreneurs migrating from less business-friendly states like California. The lure? Business and property taxes are low, as are workers' compensation costs, according to the Arizona Commerce Authority. What's more, ...

27 Jun 12:43 PM 0 Read More...

How an upstart bat maker swings against Louisville Slugger

BWP is among several boutique bat companies gaining traction inside MLB equipment lockers. Here's how they are doing it. By Cristina Rouvalis FORTUNE -- Selling a boutique bat to a famous major league baseball player is about as easy as teaching your great-aunt to hit a low outside slider over the scoreboard. But inside the bowels of PNC Park in Pittsburgh, Mike Gregory, vice president of BWP Bats of Brookv...

27 Jun 12:42 PM 0 Read More...

Romney promises a policy role

Romney fielded questions from small business owners Wednesday, promising to tackle taxes, regulation and health care reform. NEW YORK (CNNMoney) -- Mitt Romney promised members of the nation's small business lobby on Wednesday that, if elected, he would shut down health care reform, reduce taxes and tackle regulations. The presumptive Republican presidential nominee said small business has not t...

27 Jun 12:42 PM 0 Read More...

When a Kickstarter Project Threatens to Fail

The crowd-funding site Kickstarter, as we’ve written, can be a wondrous tool. Entrepreneurs post an idea for a new product and then turn to the Internet community to raise capital to fund its development. According to the site’s new statistics page, Kickstarter has helped 60,786 project creators raise $261 million. When it works, the site pleases everybody. Creators find an easy path to start-up capital, ...

27 Jun 12:40 PM 0 Read More...

Small Businesses Team Up to Land Federal Contracts

Back in 2008, Randy Lebolo sensed the housing market was “going down hard,” so he started looking for ways to diversify his commercial construction business. The Colombian immigrant certified his Boynton Beach (Fla.)-based company as a small, disadvantaged business through the Small Business Administration’s 8(a) Business Development Program. The certification, which took six months and cost Lebolo abou...

27 Jun 12:40 PM 0 Read More...

Micha Benoliel's Open Garden

When Micha Benoliel was an MBA student in France in his 20s, he studied abroad in San Francisco for six months. One day he walked into the headquarters of Gap (GPS) to offer his services. He schmoozed a staffer and talked his way into the appointment book of then-Chief Executive Officer Mickey Drexler. “This could only happen in America,” says Benoliel, now 40. “This is the place you can change the world fr...

27 Jun 12:40 PM 0 Read More...

Small U.S. Franchises Head to the Middle East

Jonathan Spiel has tried three times to turn his beloved Tea Lounge in Brooklyn into a thriving chain. Four years ago, he closed his second location after his landlord raised the rent. Another outlet failed because of poor sales, and he abandoned his last attempt when a co-op board imposed tough rules. With the sluggish economy crimping his cash flow, Spiel has found a new way to expand: franchising. In Kuwait. ...

27 Jun 12:40 PM 0 Read More...

Small U.S. Manufacturers Give Up on 'Made in China'

When Sonja Zozula and Jerry Anderson founded LightSaver Technologies in 2009, everyone told them they should make their emergency lights for homeowners in China. After two years of outsourcing to factories there, last winter they shifted production to Carlsbad, Calif., about 30 miles from their home in San Clemente. “It’s probably 30 percent cheaper to manufacture in China,” Anderson says. “But factor i...

27 Jun 12:40 PM 0 Read More...