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For small business news, a new place to land

For small business news, a new place to land Print Crain s Detroit Business has amped up its coverage of small businesses and restaurants over the past year amid the unprecedented challenges of the pandemic and its aftermath. Now, we re making this essential content easier to find. We are dedicating a new page on our website crainsdetroit.com/small-business-spotlight that offers easy, one-stop navigation to news, podcasts and helpful resources. The page includes links to our in-depth Small Business Spotlight features by reporter Jay Davis that explore issues of interest to small business owners. Each monthly package includes a podcast with a local business owner and a toolkit with resources so that we can help solve problems along with reporting them.

Small Business Spotlight podcast: Detroit Flower Co owner finds way to turn passion into profit

Small Business Spotlight podcast: Detroit Flower Co. owner finds way to turn passion into profit Nic Antaya for Crain s Detroit Business Detroit Flower Co. owner Ja’Nye Hampton is just 22 years old but already has years of experience under her belt. Ja Nye Hampton fashions herself a typical 22-year-old, but her schedule isn t like most people her age. The owner of Detroit Flower Co. gets up at 5:30 a.m. and works until 8 p.m. at her new shop in northwest Detroit. When she gets home, she catches up on orders, messages and social media. This (business) is my baby. On the Small Business Spotlight podcast this week, Hampton shares the challenges and joy of being a very young entrepreneur.

Young entrepreneurs finding ways to turn passion into profit

Young entrepreneurs finding ways to turn passion into profit Challenges include limited financial expertise, funding Entrepreneurs embrace social media for marketing, sales Nic Antaya for Crain’s Detroit Business Owner Ja’Nye Hampton at Detroit Flower Co. in Detroit. Hampton started the company in 2018. LESSONS LEARNED Be ready to work: No one who owns a small business starts with a full staff of employees. The owner, at first, usually wears lots of hats. That also leads to a lot of long work days. Start at home: Depending on your financing and where you would like to open a brick-and-mortar location, you may not have the funds to do so at the outset. Inventory can be stored at your home. Items can be displayed on a website or via social media. You can also offer delivery service and shipping.

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