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5 startups that succeeded - via patience

Pediatrician Amy Baxter knew she was onto something when she came up with Buzzy, a cute, vibrating bee-shaped device with an ice pack that provides natural relief from the pain of medical injections. Realizing there was nothing like it on the market, she could have ramped up quickly by responding to what she calls "overbearing suggestions" to meet with equity investors. But instead, she opted to go after a ...

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

'I started a business in a boomtown'

Ever since she worked in a coffee shop during college, Megan Wold had dreamed of opening her own cafe. When the oil boom hit Williston in full force last year, she had her chance. "The boom happened, and I thought, `Now is the time to do something like this if I ever want to do it, because it's so crazy in Williston and the perfect opportunity to start any business,' " said Wold. She opened a small co...

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

7 most business-friendly cities

Coming in first place on small business friendliness, ease of starting a company, hiring, licensing, regulations -- nearly everything, really -- is the capital of Oklahoma. The city enjoys a relatively low cost of living, and the booming oil and natural gas industries have largely kept Oklahoma City's 1.2 million people sheltered from the downturn. That means small businesses have been helped by consumers wh...

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

Business owners wary but laud deportation reprieve

Obama on Friday announced the government would stop deporting some young immigrants here illegally. Companies welcomed the move, which could give thousands of workers legal status for jobs. NEW YORK (CNNMoney) -- Business leaders welcomed President Obama's decision on Friday to halt deportations of some young immigrants, saying it will let them offer jobs to previously untapped workers. As the p...

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

Health reform: What's at stake for small business

There's a lot in store for small business owners in President Obama's health reform law. They should keep a close eye on the upcoming Supreme Court decision. NEW YORK (CNNMoney) -- The health reform law is chock full of new rules and benefits for small businesses -- and all are now on the line at the Supreme Court. The 2010 Affordable Care Act includes everything from a different way to shop for...

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

Lessons from Curt Schilling's 38 Studios fiasco

Schilling, 400 employees, and Rhode Island taxpayers had to learn the hard way that venture capital is best left to those who know how to make money. FORTUNE -- Five years ago Curt Schilling was a hero in New England, right up there with Paul Revere, J.F.K., and the mustachioed Dunkin' Donuts man. Today the former Red Sox pitcher is a pariah after his videogame company went bust, taking hundreds of jobs and at...

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

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...