Core Insights - The Brewing the American Dream program has awarded Moor's Brewing Co. as the 2025 winner of its Brewing & Business Experienceship, continuing its legacy of supporting small businesses in the food and beverage industry [1][4][8] Company Overview - Moor's Brewing Company, founded in Chicago in 2021 by Damon Patton, Jamhal Johnson, and Anthony Bell, has expanded to over 500 retailers nationwide and opened Diversey House, Chicago's first Black-owned taproom, in February 2025 [3][8] - The brewery's mission includes community engagement and offering a unique blend of craft beer and elevated pub fare [3][5] Program Details - The Brewing & Business Experienceship provides one emerging craft brewer with mentorship from Samuel Adams professionals, including founder Jim Koch, and opportunities to collaborate on specialty beers and participate in the Great American Beer Festival [2][4][6] - The selection process for the winner involved a public voting component during the Crafting Dreams Beer Bash, which showcased six finalists [4][5] Impact and Goals - Since its inception in 2008, the Brewing the American Dream program has loaned over $114 million to more than 4,500 small business owners in the food and beverage industry, creating or maintaining over 12,000 local jobs [8] - The program aims to strengthen small businesses, create local jobs, and build vibrant communities through access to business capital and coaching [8]

Funds and technical support will help 2025 winner bring seasonal bakery to DetroitDETROIT, June 12, 2025 /PRNewswire/ -- The winning small business of the 2025 Comerica Hatch Detroit Contest by TechTown has been announced! Walter Pat's Bakery Cafe is the winner of the 13th annual Comerica Hatch Detroit Contest, taking home the $100,000 grand prize from Comerica Bank to open the brick-and-mortar business of their dreams in Detroit, Hamtramck or Highland Park, as well as a business support package from TechTo ...

Forbes Small Business Toolkit: https://t.co/5pgOW6wHVbAdvice for owners on filing and paying taxes, borrowing, managing workers and benefits and much more. (Illustration: Samantha Lee for Forbes; Images: Jonathan Knowles, Otherwise via Getty Images) https://t.co/Ti5l8szH8X ...

Small Business Optimism - The NFIB small business optimism index increased by 3 points in May, marking the first improvement this year, driven by improved expectations for business conditions and sales growth [2][3] - The index is now above the 51-year average, indicating increased comfort among small business owners regarding the economy's current and near-term prospects [3][4] Taxation Concerns - 18% of small business owners cited taxes as their most important problem in May, a level last seen in December 2020 [4] - Small business owners are concerned about the potential tax increase if the 20% small business deduction is not passed by the end of the year [6][7] Labor Market Dynamics - Labor market pressures have eased slightly, with fewer small business owners feeling pressure to hire or retain employees [8][9] - 16% of small business owners are saying that labor is their single biggest problem [9] - Industries like construction, manufacturing, and transportation are still experiencing pressure in filling open positions [10] - Small business owners in industries with higher levels of undocumented workers are feeling pressure and concern due to immigration crackdowns, emphasizing the need for a legal hiring system [11]

Forbes Small Business Toolkit: https://t.co/iGqRvkJcpKAdvice for owners on filing and paying taxes, borrowing, managing workers and benefits and much more. (Illustration: Samantha Lee for Forbes; Images: Jonathan Knowles, Otherwise via Getty Images) https://t.co/0XK8q3YGGR ...

What is it you want to see. What is it you want to hear. What is it you want to learn.Yes. So fair enough. Developers right now streaming in and mostly saying the same thing.Is this the year another big leap forward for generating stuff with AI code text images Sound something with A. I. on device in the cloud.We don't really mind, but just something forward basically based on on current reporting, I think the answer is no. But what we we are expecting is that Apple basically opens up access to your communi ...

Summary of Thryv (THRY) FY Conference Call - June 03, 2025 Company Overview - Thryv is transitioning from its legacy Yellow Pages business, established in 1886, to a small business SaaS (Software as a Service) model, leveraging its existing customer base and relationships [5][6] - The company currently has approximately 100,000 customers on its software platform, indicating strong engagement and growth [5] Core Business Insights - Thryv's software offerings focus on helping small businesses with marketing, sales, and customer relationship management [7] - The acquisition of Keep, a company with a history of $175 million in investment, has provided Thryv with a robust engineering team and valuable automation tools [8][9] - The product roadmap includes several enhancements, such as the Business Center, Marketing Center, and upcoming Workforce Center, which are designed to improve customer engagement and sales [11] Financial Performance - Thryv reported a 50% growth rate, with 59% subscription growth, largely attributed to the acquisition of Keep [19] - The average revenue per user (ARPU) is currently $4,000, with a target to increase it to $8,000 by the end of the decade [19] - Gross margin stands at 73%, and net revenue retention has improved to 103, up from the low 90s a year ago [19] Market Dynamics - The target market consists primarily of established service-based businesses, such as HVAC and plumbing, which have been long-time Yellow Pages customers [21][22] - Newer businesses, particularly those run by younger generations, are beginning to adopt cloud solutions, indicating a shift in market dynamics [25][28] Customer Acquisition and Sales Strategy - Thryv is focusing on referrals from existing customers as a low-cost acquisition strategy, with a significant number of new leads coming from this channel [60] - The company is not investing in marketing for 2025, aiming instead for efficient customer acquisition and upselling to existing customers [62][64] - Changes in the sales force compensation structure are designed to incentivize selling to larger businesses, which is expected to improve average order value [65][66] Legacy Business and Cash Flow - The legacy Yellow Pages business is projected to generate between $250 million and $300 million in cash flow through the end of the decade, which will help service the company's net debt of approximately $290 million [17][78] - The company has a predictable cash flow model due to 24-month contracts with customers, providing visibility into revenue collections [73] Future Outlook - Thryv anticipates that by 2026, more than half of its EBITDA will come from SaaS, with a goal of becoming a billion-dollar SaaS business [13][17] - The company is exploring options for capital allocation, including potential share buybacks and increased marketing investments as cash flow improves [80][82] Key Takeaways - Thryv is in a significant transition phase, moving from a traditional print business to a modern SaaS model, with strong growth potential in the small business sector [5][6] - The acquisition of Keep is seen as transformative, providing new capabilities and a partner ecosystem that enhances Thryv's market reach [10][45] - The company is strategically focusing on customer retention and upselling, while managing its legacy business to ensure cash flow stability [74][78]

Top 4 entrepreneurs to compete on June 11 for startup funds and business support to open a brick-and-mortar locationDETROIT, May 27, 2025 /PRNewswire/ -- The Comerica Hatch Detroit Contest by TechTown, the small business competition behind many of Detroit's most popular neighborhood storefronts, has announced the Top 4 businesses advancing to the final stage of the 2025 competition.These four entrepreneurs will have the opportunity to compete in the Hatch Off, where they will pitch their businesses for the ...

Top 10 entrepreneurs vie for $100,000 prize from Comerica Bank as public voting beginsDETROIT, May 15, 2025 /PRNewswire/ -- The Comerica Hatch Detroit Contest by TechTown, the small business competition behind many of Detroit's most popular neighborhood storefronts, is unveiling its Top 10 semifinalists. These entrepreneurs will go head-to-head over the coming weeks, competing to win $100,000 in startup funds from Comerica Bank to open a brick-and-mortar storefront in Detroit, Hamtramck or Highland Park. ...

Fiserv (FI) FY Conference May 15, 2025 10:00 AM ET Speaker0 Okay. Thanks everyone for joining. My name is Tien Tsin Huang. I cover payments and IT service here at JPM. This is the Fiserv discussion. I know there's a lot of talk about with Fiserv, a fun name to to cover. So with us from Fiserv, we've got Bob Howe, the the CFO. Julie's here also in the in in the audience. But thank you both for being here, Bob? Absolutely. Glad to be here. Thanks for I know you've been really busy with a lot of things going o ...