Small Business Archive

NLR Manufacturer Files for Chapter 11

by Arkansas Business Staff 4/13/2015 12:00 am

O.D. Funk Manufacturing Inc. of North Little Rock, which has been in business since 1976, has filed for Chapter 11 reorganization.

‘The Rise of the Rest' And Arkansas (Rod Ford Commentary)

by Rod Ford 4/13/2015 12:00 am

In the past five years, three trends have emerged that support the Rise of the Rest philosophy: 1) easier access to capital (crowdfunding); 2) the emergence of the benefit corporation, which allows for profit alongside social good; and, of course, 3) the availability of the full tech stack (cloud computing), where supercomputing is accessible to almost anyone on a rent-as-needed basis.

Arkansas Regional Innovation Hub Lauded by Business Facilities Magazine

by Sean Beherec 4/13/2015 12:00 am

The Innovation Hub, located at Broadway and Poplar Streets in North Little Rock, offers several programs to cultivate skills development and entrepreneurship. The hub also hosts events and promotes educational initiatives.

Craighead County Sees Sales Tax Collections Rise

by Mark Friedman 4/13/2015 12:00 am

Craighead County reported a 10.75 percent increase on its 1 percent sales tax receipts during the first three months of 2015 compared with the same period last year.

Quarterly Business Analysis Luncheon Set for May 8 in Fayetteville

by Arkansas Business Staff 4/9/2015 11:49 am

Kathy Deck, director of the Center for Business and Economic Research, will present her regular Quarterly Business Analysis as a luncheon on Friday, May 8.

Inuvo, PrivacyStar Announce Move to River Market District

by Mark Carter 4/9/2015 11:46 am

Conway tech firms Inuvo Inc. and PrivacyStar announced Thursday that they will move to the Museum Building in the River Market District of downtown Little Rock. The two firms will take up a combined 26,000 SF.

Asa Hutchinson Wants More Private Venture Capital in Arkansas

by Mark Carter 4/8/2015 02:51 pm

Gov. Asa Hutchinson on Wednesday said he'd love to see the continued evolution of private venture capital in Arkansas to meet the growth of the state's tech startup ecosystem.

CinemaCon 2015 Will Have an Arkansas Flavor

by Mark Carter 4/8/2015 11:31 am

This year's event will feature three Arkansas firms at the CinemaCon trade show, interestingly enough: Power Technology Inc. of Alexander; Weldon, Williams & Lick of Fort Smith; and Klipsch of Hope.

Ex-Im Bank Chair: We're Here to Level Playing Field

by Mark Carter 4/8/2015 09:32 am

In Little Rock Tuesday to speak at the Clinton School of Public Service and tour the Power Technology Inc. laser manufacturing facility in Alexander, U.S. Export-Import Bank chairman Fred Hochberg insisted his job is to level the playing field for American exporters, big and small.

Fort Smith Retakes Top Spot in Arkansas Tech Business Index

by Mark Carter 4/7/2015 09:36 am

The index is a comprehensive measure that provides a snapshot of economic activity in Arkansas cities. It encompasses a labor index, housing market index, construction index and retail sales index.

Phyzit App Refines Doctor-Patient Relationships

by Mark Carter 4/6/2015 09:00 am

As with most big ideas, the idea behind Little Rock's Phyzit was hatched when Arkansas Children's Hospital pediatric urologist Stephen Canon realized there had to be a better way. Canon was frustrated with the lack of communication between doctors and patients and set out to improve transitional care management.

Phyzit's 5 Tips for Startup Success

by Mark Carter 4/6/2015 09:00 am

Dr. Stephen Canon and his team at Innovate Arkansas client firm Phyzit offer up their five tips for startup success, plus an important bonus tip.

HR Director Michele Burns on the Soft Skills Employers Want

by Arkansas Business Staff 4/6/2015 12:00 am

Michele Burns is the state director for the Arkansas Society for Human Resource Management and is the director of classification and compensation with the University of Arkansas at Fayetteville.

Tech Talent Development the Next Phase for Innovate Arkansas

by Mark Carter 4/6/2015 12:00 am

Public and private resources such as the Arkansas Economic Development Commission's Innovate Arkansas program have helped bolster tech-based startups by providing quality and sustained mentorship to assist in business and financial model development, along with guidance in preparing those startups to present their products to investors.

Galley Support Innovations Announces Sherwood Expansion

by Mark Carter 4/2/2015 03:24 pm

Galley Support Innovations Inc. of Sherwood announced Thursday that it completed a 3,800-SF expansion and plans to add another 21,000-SF on property adjacent to its Manson Road headquarters.

In Northwest Arkansas, Boozman Talks GMOs, Bank Regulations, Highways

by Marty Cook 4/2/2015 09:35 am

U.S. Sen. John Boozman talks GMO labeling, banking regulations and the Federal Highway Trust Fund in meetings with northwest Arkansas political and business leaders Wednesday.

Power Technology's Illumina Laser Projection System on Full Display

by Mark Carter 3/30/2015 01:31 pm

The Illumina laser projection system from Power Technology Inc. of Alexander represents a potential win-win for movie-goers and theater owners, and that double score was on full display Monday at the Ron Robinson Theater in Little Rock's River Market District.

Supporting Homegrown Innovation (Michael Singleton Commentary)

by Michael Singleton 3/30/2015 12:00 am

In reality, innovative research with world-changing implications happens every day in our universities and private companies. But what good is the best research discovery, technology or innovation if it never leaves the lab?

Arkansas Labor Force Rises by 9,000

by Arkansas Business Staff 3/30/2015 12:00 am

As the unemployment rate in Arkansas is falling the size of the labor force is increasing, as these charts by Michael Pakko, the state's economic forecaster, show.

Arkansas Jobless Rate Down to 5.5 Percent

by Arkansas Business Staff 3/27/2015 09:47 am

The state's unemployment rate fell to 5.5 percent in February, down a tenth of a percentage point from January, according to data released Friday by the state Department of Workforce Services.