Four Delaware companies made the Philadelphia Business Journal’s “Soaring 76” list of fastest-growing companies in the region. B Safe Security, of Wilmington, Chesapeake Utilities, Incyte and WSFS all made the list. See where they ranked. If you want advice on how to get your Delaware small business into this lofty company, contact the Delaware Division […]

There are lots of reasons why businesses don’t succeed. Financebuddha.com listed the five most common: Inadequate funding Owner not involved enough in running the business Lack of marketing Failing to be aware of what competitors are doing Being overstaffed or understaffed Click here to read the full report and learn about these challenges. If you […]

What: Delaware Young Professionals Network happy hour When: Aug. 29, 5:30 p.m. to 7:30 p.m. Where: Constitution Yards, 308 Justison Street, Wilmington Why go: Network with other young professionals Cost: Free to attend. Cash bar. Registration: Click here to register

Business owners ranked rising labor costs, including wages and health care, as their top concern, according to M&T Bank’s survey of their business banking clients. Forty-seven percent said it was their biggest challenge. Still, almost three-quarters said they plan to increase wages in the next year, including 17 percent who plan to raise wages by more than […]

Entrepreneurs come in all shapes, sizes… and ages. PBS Newshour shares how having a lemonade stand can help kids learn all sorts of skills that are key to success in the business world. Here are tips from a financial planner interviewed for the piece: Have your kid be part of each step of the process […]

Your science-based company can win a year of free lab space and advice at Delaware Innovation Space at the Experimental Station in Wilmington. It’s a great chance to grow your company with access to state-of-the-art equipment and free expertise. The competition is open to startup companies with some affiliation with the University of Delaware, which is […]

Payroll processing firm Paychex asked more than 1,000 would-be small business owners to name their biggest hopes and fears in starting a business. Most common hopes: • More independence • Love owning a business • Make a lot of money Most common fears: • Business will fail • Business will not make much money • Business will go bankrupt Some of […]

A recent report from American Funds ranks Delaware the #1 state in the US for innovation. The report looked at the number of patents granted in each state from 2006 to 2015 and then divided that number by each state’s population. Delaware ranked #1 with more than 20 patents per each 1,000 residents. One advantage […]

What: SBIR Road Tour comes to Delaware When: Aug. 20 Where: University of Delaware, Clayton Hall Conference Center, 100 David Hollowell Drive, Newark Why go: Learn about $2.5 billion in funding available to early stage companies under the federal government’s Small Business Innovation Research and Small Business Technology Transfer programs. Meet with funders from a […]

A recent report from payroll processing firm Paychex finds Delaware ranks highly in terms of the number of minority-owned businesses, including businesses owned by minority women. Delaware ranked No. 1 in the U.S. in businesses owned by minority women per 100,000 residents. Delaware ranked No. 2 in the U.S. in minority owned businesses per 100,000 […]