Small Business Archive

Arkansas Business Presents The Power List 2016

by Gwen Moritz 3/21/2016 12:00 am

The total number on our list this time is 179, but our goal has never been a particular number. Our goal is to give readers a resource to help navigate the leadership of the largest companies or institutions in the individual industries. And some industries have broader bases than others.

Arkansas' Unemployment Rate Falls to 4.4 Percent

by Alexis Hosticka 3/14/2016 10:36 am

Arkansas' seasonally adjusted unemployment rate dropped three-tenths of a percentage point from December to 4.4 percent in January, according to a report Monday by the Arkansas Department of Workforce Services.

Restaurant Industry Growing in U.S., Arkansas

by Arkansas Business Staff 3/14/2016 12:00 am

U.S. restaurants will record sales of $782.7 billion in 2016 and employ 14.4 million, according to the National Restaurant Association's 2016 Restaurant Industry Forecast, released late last month.

New Owners Leave Lindsey's Resort in Familiar Hands

by Alexis Hosticka 3/14/2016 12:00 am

Lindsey's Resort has a fresh start after foreclosure last March completely shut down the quaint attraction on the Little Red River at Heber Springs, just as the resort was marking its 50th anniversary.

Drones: Farmers' Eyes Take To Arkansas Skies

by Jan Cottingham 3/7/2016 12:00 am

Drones have the potential to revolutionize agriculture in Arkansas, but the nature of that revolution remains unclear, farmers and those who work with them say.

FAA Delay Costing Little Rock's ArkUAV Firm

by Jan Cottingham 3/7/2016 12:00 am

The FAA Reform & Reauthorization Act of 2012 required the Federal Aviation Administration to integrate unmanned aircraft systems — drones — into U.S. airspace by 2015, but that deadline has come and gone and the agency still hasn't issued clear and final rules regarding commercial drones.

Fayetteville Company Raising Funds for Hair Loss Treatment

by Arkansas Business Staff 3/7/2016 12:00 am

BiologicsMD Inc. raised $400,000 so far, according to its Feb. 8 filing at the U.S Securities & Exchange Commission.

Nelson Design of Jonesboro Turns to Bankruptcy for Help

by Mark Friedman 3/7/2016 12:00 am

In 2006, Michael Nelson decided at the worst possible time to borrow $2 million to expand his house design business. Within months, the housing market came to halt as the country entered the Great Recession.

A Leap in Time and Thought (Craig Douglass On Consumers)

by Craig Douglass 3/7/2016 12:00 am

Last week's leap day brings to mind the notion that we as consumers adjust every so often to the dynamics of the marketplace.

Marketing Little Rock Metro Never Easier for Chamber

by Mark Carter 3/7/2016 12:00 am

The chamber is celebrating its 150th anniversary this year and recently unveiled a new logo and slightly altered name to mark the milestone. The chamber is just that now. No more “of Commerce.” Sleek and modern, just how chamber officials want the city to be seen.

You Can Make Nominations Now for Arkansas Business 40 Under 40

by Arkansas Business Staff 3/4/2016 07:00 am

For the 23rd consecutive year, Arkansas Business is seeking nominations for its 40 Under 40 program, which recognizes 40 professionals under the age of 40 who excel in their profession and are leaving their mark on the Arkansas business and nonprofit community.

Twin Sales Offer Kilgore Crash Course in Running Carwash (NWA Real Deals)

by Marty Cook 2/29/2016 12:00 am

Joe Kilgore and his wife, Sheri, paid $950,000 for two northwest Arkansas carwashes: the Miracle Carwash on West Main Street in Farmington and the Electric Avenue Carwash on Old Missouri Road in Springdale.

Tech Park Sets April 1 Target Date for Work to Begin

by Mark Carter 2/24/2016 10:05 am

Renovation work on the first phase of the Little Rock Technology Park on the 400 block of Main Street is scheduled to begin on April 1, board members said Wednesday.

Waymack & Crew Purchases M-3 Productions

by Alexis Hosticka 2/24/2016 07:57 am

Waymack & Crew of Little Rock announced Wednesday that it had purchased M-3 Productions, the video, digital and audio production studio owned by Little Rock ad agency CJRW.

Fayetteville's WattGlass Receives $746K to Develop Nano-Coating Technology

by Arkansas Business Staff 2/22/2016 11:14 am

The National Science Foundation has awarded a $746,366 grant to Fayetteville's WattGlass to further develop a University of Arkansas patent-pending coating technology that makes glass anti-reflective, self-cleaning and highly transparent.

Bentonville Ornamental Iron Forging Ahead with Irish Pub

by Arkansas Business Staff 2/22/2016 12:00 am

When Bentonville Ornamental Iron owner Lise Wentz decided to move her manufacturing off-site, she and her husband Frank Wallace decided to open a blacksmith-themed Irish pub and bar.

Little Bird Systems of Fayetteville Puts 'Internet of Things' to Industrial Use

by Marty Cook 2/22/2016 12:00 am

Bryon Western and Edgar Cilio of Little Bird Systems bonded over taekwondo, work for chicken feed and love figuring out ways to work on the “Internet of Things.”

La Quintas Top $9M In Transaction String (Real Deals)

by George Waldon 2/22/2016 12:00 am

Prominent Hotels LLC of Irving, Texas, bought two west Little Rock projects at 200 S. Shackleford Road and 1010 Breckenridge Drive and the 4100 E. McCain Blvd. project in North Little Rock for nearly $7.5 million from LQ Properties LLC of New York.

Kim Lane Moves from AMP, AY to Innovation Hub

by Mark Carter 2/22/2016 12:00 am

Kim Lane is the new director of digital and entrepreneurial programming for the Arkansas Regional Innovation Hub.

Crestwood Manor Sale Tops $9 Million (Real Deals)

by George Waldon 2/15/2016 12:00 am

Crestwood Manor, a 228-unit apartment project in the Hillcrest area of Little Rock, was purchased by an Alabama affiliate.