Small Business Archive

Inaugural Class of Arkansas Fellows Revealed This Week

by Mark Carter 6/2/2014 12:00 am

The inaugural class of Arkansas Fellows will be revealed Wednesday at a Governor's Mansion reception. The new Arkansas Fellowship program pairs graduating college seniors from state schools with Arkansas-based host companies for two-year internships that will pay an annual salary of $40,000.

Got Cash? (Craig Douglass On Consumers)

by Craig Douglass 6/2/2014 12:00 am

Are some entities suffering by not adding to their payment options? The answer, of course, is yes.

Simmons First Seeks Foreclosure on Funk

by Arkansas Business Staff 6/2/2014 12:00 am

Simmons First National Corp. of Pine Bluff has filed suit against a local manufacturer for some unpaid loans. According to the suit, filed in Pulaski County Circuit Court, the defendant is O.D. Funk Manufacturing Inc., a company that builds outdoor metal buildings like storage sheds and carports.

RinseWell's 'Sexy Technology' Saves Water

by Mark Carter 5/28/2014 08:34 am

Through its RinseWell product, Fayetteville's Recycled Hydro Solutions hopes to revolutionize water conservation through the dipper wells used in the food service industry, starting with ice cream shops.

Crystal Washington to Talk Social Media for Pros at IABC Workshop

by Arkansas Business Staff 5/27/2014 10:34 am

The Arkansas Chapter of the International Association of Business Communicators is holding a workshop on social media for professional communicators.

Four Join List of 75 Largest Private Companies in Arkansas

by Gwen Moritz 5/26/2014 12:00 am

The 75 largest private companies in Arkansas generated total revenue — self-reported and estimated — of $31.15 billion in their most recent fiscal years, and the price of entry to the list was $88.8 million.

Little Rock's Replacement Parts Inc. Bumping Century Mark

by George Waldon 5/26/2014 12:00 am

Replacement Parts Inc. of Little Rock has gone about its business quietly growing into a regional concern. The venture's wholesale and retail subsidiaries generated combined revenue of $215 million in 2013, its 94th year of operations.

Your Brain on Lists (Editorial)

by Arkansas Business Editors 5/26/2014 12:00 am

There is something in the human brain that likes to see data organized in lists. In our newsroom, we know that our weekly lists are primarily used for sales leads — that's a service to our audience that we are happy to perform.

I've Got a Tip for You (Gwen Moritz Editor's Note)

by Gwen Moritz 5/26/2014 12:00 am

Every other year since 2000, the Association of Certified Fraud Examiners has issued a big, thick study that it calls, ominously, “Report to the Nations on Occupational Fraud.” The eighth Report to the Nations was released this month, and it came to the same conclusion as earlier ones: A typical organization loses 5 percent of revenue each year to fraud.

Patent Reform Proposals Threaten Innovators (Jerry McCormick Commentary)

by Jerry McCormick 5/26/2014 12:00 am

America's innovators are the backbone of the country's economy. They produce powerful new technologies that shape the way we live and learn, and they fuel economic growth on both a local and national level. In Arkansas, our patent system provides the protections needed for companies to develop exciting new products in advanced energy, nanotechnology, biomedicine and electronics, among other fields.

Central Arkansas Retail Space Vacancy Rate Declines

by Arkansas Business Staff 5/26/2014 12:00 am

The vacancy rate in the retail real estate market in central Arkansas in first-quarter 2014 fell to 5 percent, compared with 5.1 percent in fourth-quarter 2013 and 7 percent in the year-earlier quarter. The regional rate is far below the national rate of 10.2 percent.

Little Rock's Sumotext Lands Starbucks Mobile Messaging Account

by Mark Carter 5/23/2014 10:22 am

Rumors have swirled recently that Little Rock mobile messaging giant Sumotext had struck a deal with Starbucks, that little coffee chain out of Seattle.

Fayetteville's TiFiber Develops Potential Replacement for Triclosan

by Mark Carter 5/23/2014 09:38 am

Fayetteville's TiFiber has announced an exclusive license to commercialize synthetic, antimicrobial polymers that could replace the controversial antibacterial agent triclosan through a bar soap product from Bradford Soap Works.

Export Awards Honor Arkansas Steel, Triangle Engineering, SweepScrub, Harris International, POM

by Mark Carter 5/22/2014 02:11 pm

Five Arkansas companies that do business overseas were honored at the fifth annual Governor's Award for Excellence in Global Trade awards luncheon.

Little Rock Firm Blazes Its Own PGx Testing Path

by Mark Carter 5/20/2014 03:50 pm

Personalized medicine has grown to encompass the practice of tailoring health care to a specific patients' DNA profile. Doctors use this practice, called pharmacogenetics (PGx), to help determine how individuals metabolize and respond to certain drugs and treatments. One Innovate Arkansas client firm is helping them do just that.

Arkansas Venture Center Launches With $500K Grant From State

by Mark Carter 5/20/2014 01:11 pm

The Venture Center is a membership-driven, nonprofit organization that offers entrepreneurial services related to startup acceleration, corporate innovation and technical training.

Arkansas Business to Honor 21st 40 Under 40 Class

by Arkansas Business Staff 5/20/2014 10:24 am

For the 21st consecutive year, Arkansas Business will honor the state's outstanding young professionals at a luncheon for its 40 Under 40 class.

Ascendant Dx Closes $2M Funding Round, Adds Board Members

by Mark Carter 5/20/2014 08:22 am

Ascendant Dx of Fayetteville, has developed an early detection test for breast cancer, closes a $2 million funding round and adds two members to its board of directors.

J.B. Hunt Overtakes FedEx Freight on Largest Trucking List

by Marty Cook 5/19/2014 12:00 am

Another strong year was all it took to put J.B. Hunt Transport Services of Lowell on top of the list of largest trucking companies doing business in Arkansas.

Decision-Making in an Uncertain Environment (Karen Moustafa Leonard Expert Advice)

by Karen Moustafa Leonard 5/19/2014 12:00 am

We all make decisions every day. But in uncertain external and internal business environments, organizational decision-making is becoming a more complicated art. Both environments offer unique challenges for every leader.