Study: Philly Small Business Owners Optimistic About 2016

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A survey of 300 small business owners in the Philadelphia area suggests 2016 could be a good year for the local economy.

More than a quarter of those businesses believe they’ll exceed revenue goals in 2016 — up from 19 percent a year ago. Sixty-two percent of owners say they’re optimistic about the year, and one in five believe it will be their best year yet.

“It’s encouraging to see confidence levels among this group rise as we enter 2016, for both the local small business marketplace and the Greater Philadelphia economy overall,” Mike Carbone, TD Bank’s regional president, said in a statement announcing the results. Read more »

Philly Named Top Family Vacation Destination in U.S.

ABC Travel Guides for Kids puts out this guide for Philadelphia. The company ranks the city its top family vacation destination.

ABC Travel Guides for Kids puts out this guide for Philadelphia. The company ranks the city its top family vacation destination.

A company that makes travel guides for kids has ranked Philly its top destination for family vacations.

Philly took the top spot in the rankings determined by ABC Travel Guides for Kids. Among the company’s products: A scavenger hunt game to find some of Philly’s best-known sculptures.

But there are plenty of other things for parents and their kids to do in the city, the company said.

Here’s the rundown: Read more »

Penn Study: Mustaches More Common Than Women in Top Medical Leadership Posts

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Shutterstock.com

You probably could’ve guessed — if asked — that there are more men than women leading the nation’s top academic medical institutions in America. But would you have guessed there are more mustaches than women in the ranks?

There are, according to a study co-authored by researchers at the Perelman School of Medicine at the University of Pennsylvania, and published at The BMJ, a peer-reviewed medical journal.

“The lack of women in leadership roles in medicine is well-documented,” Dr. Mackenzie Wehner, a dermatology resident physician at Penn Medicine said in a statement. “But despite the eccentricities of the study, our results show that even when you focus solely on men with mustaches — which are rare — women are still outnumbered across various specialties.” Read more »

Fastest-Growing Companies in Philly

PathDoc/Shutterstock

PathDoc/Shutterstock

The fastest-growing company in the Philadelphia area makes products that eliminate paper documentation in clinical research. Never heard of Clinical Ink? Well the Horsham, Pa.-based company has grown 4,614 percent in the past three years, has revenue of $5.9 million and employs 98 people, according to Inc. magazine.

Clinical Ink is tops in Philly and ranked No. 57 on the Inc. 5000, the financial publication’s new list of the fastest-growing companies in the United States. Read more »

Nutter Helping Spearhead Obama Trade Campaign

Photo Credit: Matt Rourke | AP

Photo Credit: Matt Rourke | AP

There’s long been speculation that Michael Nutter would go to work for the Obama Administration after leaving office. But it looks like the mayor might have a head start.

Politico reports Nutter is helping spearhead the Obama Administration’s campaign for the Trans-Pacific Partnership, a free-trade pact that opponents say would give corporations unprecedented powers and rights internationally.

Nutter is one of several big-city mayors pushing the trade agreement on behalf of the Obama Administration Read more »

Florida Governor’s Trip to Poach Philly Jobs Cost $40,000

Florida Gov. Rick Scott waves after the swearing in for his second term as governor of Florida at the Florida state capitol in Tallahassee, Fla., Tuesday, Jan. 6, 2015. The inauguration took place in front of the Old Capitol. (AP Photo/Mark Wallheiser)

Florida Gov. Rick Scott waves after the swearing in for his second term as governor of Florida at the Florida state capitol in Tallahassee, Fla., Tuesday, Jan. 6, 2015. The inauguration took place in front of the Old Capitol. (AP Photo/Mark Wallheiser)

From the schadenfreude files….

Remember when Florida Gov. Rick Scott came to Philadelphia to poach our jobs? Turns out A) the trip was kind of expensive and B) he didn’t come away with much.

WTSP in Tampa Bay reports that after Scott’s visit to Pennsylvania and California, “the only jobs announced are the expansion of two companies, Wawa and Nestle, already in Florida.” Read more »

Philly’s Business Environment Ranks Near Last in New Study

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Shutterstock

Almost every day, some organization releases a report ranking U.S. cities. Best cities for buying a home. Best cities to start a restaurant. Best cities to raise a family.

I’m typically a bit wary of such studies because the methodology can seem sort of random. Remember when Condé Nast Traveler ranked Philly the second-best shopping city in the world — ahead of Milan, Paris and New York? I love Walnut Street as much as the next person, but it’s safe to say that such rankings don’t always ring true.

Read more »

Welcome to BizPhilly!

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Welcome to BizPhilly! I’m your host, Jared Shelly, and I’ll be leading you on a daily tour of the most fascinating business climate in the country. From our burgeoning tech scene to our booming real estate market to the behemoth in our backyard (Comcast), Philadelphia is full of amazing businesses led by dynamic people with incredible stories.

My goal with BizPhilly is to cut through the press releases and bureaucratic nonsense and answer a simple question: What does it mean? Read more »

Analysis: What if Comcast Has Peaked?

COMCAST-TWILIGHT-jeff-fusco-940x540

Here’s an important question for Philadelphia’s future: Has Comcast peaked? Has its trajectory of ever-more success, ever-bigger profits, and ever-far-reaching power hit a plateau? Has its ability to grow found its limits?

The failure of the Comcast-Time Warner merger doesn’t mean the company is finished and should pack it in, of course. Even without the addition of Time Warner’s subscribers, Comcast is still the largest cable provider in the United States. But the company is facing some headwinds — some that have been apparent for a while, some that revealed themselves during the failed merger process.

Here are three reasons to suspect it’s possible — possible — that Comcast has seen its brightest days, and may be about to go into a bit of decline: Read more »

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