Fortune Small Business

Last updated
Fortune Small Business
Fortune Small Business Cover -.May 2000.jpg
Frequency10 times per year
Total circulation1 million
First issue1991
Final issue2009
CompanyFortune Media Group Holdings

Fortune Small Business (FSB) was an American magazine published 10 times per year from 1991 to 2009. It was a joint venture by The Fortune Group at Time Inc. and the American Express Small Business Services. It was delivered to 1 million small business owners across the United States.

Contents

History

Fortune Small Business was headquartered in New York City. It was sub-published under Fortune by Fortune Media Group Holdings, owned by the Thai businessman Chatchaval Jiaravanon. Although it was connected to Fortune, it was a joint venture by them at Time Inc. and American Express. FoSB was initially established in 1991 as Your Company. It was renamed in the November 1999 issue at the managing editor's request according to Hank Gilman. It explored how small business owners run their companies, the technologies they use and where they spend time out of the office. FSB published lists which highlighted the companies, trends and entrepreneurs that would make headlines in the year ahead. In 2007, there was approximately a 30% decrease in revenues. [1] The magazine's failure to move to digital formats as print media became less popular, and a lack of advertising, contributed to this decline. The magazine began downsizing in 2008, [2] and was discontinued in 2009. [3]

Content and format

Fortune Small Business was a limited publication between 2004 and 2009. During this time, the content included a section called "Features" which was tailored towards culture, innovation and the economy. In its early years, features included developments in health, infrastructure, technology and leadership. Another section of the publication was "Start-Up" which was dedicated to innovative small businesses. Early reports within FSB included "Intuit", which described the CEO's position on leadership and developing software that helps small businesses to gather data for payroll and taxes. [4]

Related Research Articles

<i>Wired</i> (magazine) American technology magazine

Wired is a monthly American magazine, published in print and online editions, that focuses on how emerging technologies affect culture, the economy, and politics. Owned by Condé Nast, it is headquartered in San Francisco, California, and has been in publication since March/April 1993. Several spin-offs have been launched, including Wired UK, Wired Italia, Wired Japan, and Wired Germany.

<i>Red Herring</i> (magazine) American magazine and media company

Red Herring is a media company that publishes an innovation magazine, an online daily technology news service, technology newsletters, and hosts events for technology leaders.

<i>Forbes</i> American business magazine

Forbes is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. Forbes also reports on related subjects such as technology, communications, science, politics, and law. Its headquarters is located in Jersey City, New Jersey. Competitors in the national business magazine category include Fortune and Bloomberg Businessweek. Forbes has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide.

Ziff Davis American publisher and Internet company

Ziff Davis, Inc. is an American digital media and internet company. First founded in 1927 by William Bernard Ziff Sr. and Bernard George Davis, the company primarily owns technology-oriented media websites, online shopping-related services, and software services.

Intuit American financial software company

Intuit Inc. is an American business software company that specializes in financial software. The company is headquartered in Mountain View, California, and the CEO is Sasan Goodarzi. Intuit's products include the tax preparation application TurboTax, personal finance app Mint, the small business accounting program QuickBooks, the credit monitoring service Credit Karma, and email marketing platform Mailchimp. As of 2019, more than 95% of its revenues and earnings come from its activities within the United States.

Scott Cook American businessman

Scott David Cook is an American billionaire businessman who co-founded Intuit. Cook is also a director of eBay and Procter & Gamble.

QuickBooks is an accounting software package developed and marketed by Intuit. First introduced in 1983, QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and payroll functions.

<i>Entrepreneur</i> (magazine) American magazine and website

Entrepreneur is an American magazine and website that carries news stories about entrepreneurship, small business management, and business. The magazine was first published in 1977. It is published by Entrepreneur Media Inc., headquartered in Irvine, California. The magazine publishes 10 issues annually, available through subscription and on newsstands. It is or has been published under license internationally in Mexico, Russia, India, Hungary, the Philippines, South Africa, and others. Its editor-in-chief is Jason Feifer and its owner is Peter Shea.

Shai Agassi Israeli entrepreneur

Shai Agassi is an Israeli entrepreneur. He is the founder and former CEO of Better Place, which had developed a model and infrastructure for employing electric cars as an alternative to fossil fuel technology. The company went bankrupt in 2013, after Agassi spent over $850 million on publicity while deploying less than 1000 cars.

Daniel Gilbert is an American businessman, investor and philanthropist. He is the co-founder of Quicken Loans, founder of Rock Ventures, and owner of the National Basketball Association's Cleveland Cavaliers. Gilbert owns several sports franchises, including the American Hockey League's Cleveland Monsters, and the NBA G League's Cleveland Charge. He operates the Rocket Mortgage FieldHouse in Cleveland, Ohio, home to the Cavaliers and Monsters. As of March, 19th, 2022 Forbes estimated his net worth at US$51.9 billion, making him the 23rd richest person in the world.

Henry Schein, Inc. is an American distributor of health care products and services with a presence in 32 countries. The company is a Fortune World's Most Admired Company and is ranked number one in its industry for social responsibility by Fortune magazine. Henry Schein has been recognized by the Ethisphere Institute as the World's Most Ethical Company six times as of 2017.

Entellium was a U.S. software company that developed on-demand customer relationship management (CRM) software for small and midsize businesses. It was sold to Intuit in bankruptcy court, but as of October 2009, Intuit was reportedly not using the software.

HubSpot is an American developer and marketer of software products for inbound marketing, sales, and customer service. Hubspot was founded by Brian Halligan and Dharmesh Shah in 2006.

Replicon (company) Canadian software company

Replicon is a California-based software-as-a-service (SaaS) company that makes software for time tracking, advanced project management, task collaboration, resource allocation, and professional services automation. Replicon’s online timesheets and cloud clock are an alternative to paper timesheets or punch cards.

Outright Accounting software application

Outright was an accounting and bookkeeping application that assists small businesses and sole proprietors with managing their business income and expenses. It also provided them with a means to organize and categorize expenses for filing a Schedule C. It was acquired by GoDaddy in 2012 for approximately $20 million and has been rebranded as GoDaddy Online Bookkeeping. In May 2022, GoDaddy announced the software would be discontinued on June 18, 2022

Rusi Brij was an Indian business executive and entrepreneur. He was Executive Director of Satyam Computers, and CEO and Vice-Chairman of Hexaware Technologies. In 2003, he was named by Bain & Co. as one of India's hottest dealmakers in software. Rusi was well known and respected for his amicable mannerism, mentoring skills, people-oriented approach and a fine collection of vintage wines.

<i>Byte</i> (magazine) Defunct American microcomputer magazine

Byte was a microcomputer magazine, influential in the late 1970s and throughout the 1980s because of its wide-ranging editorial coverage.

Personal financial management (PFM) refers to software that helps users manage their money. PFM often lets users categorize transactions and add accounts from multiple institutions into a single view. PFM also typically includes data visualizations such as spending trends, budgets and net worth.

Booyami Inc. is a provider of automation tools and business intelligence software for small business accounting. The company was founded in 2011 by a former Microsoft employee James Walter and a former vice-president of Bank of America, Corey Ross. The synergy produced BBC Easy and Finagraph — two technological solutions for small business that offer strategic financial intelligence and streamline obtaining business loans. After Moody's acquisition of the stake in Booyami in May 2016, Booyami announced that it now intends to expand its Finagraph service to medium-size businesses.

ZipBooks American accounting software company

ZipBooks is an accounting software company based in American Fork, Utah. The cloud-based software is an accounting and bookkeeping tool that helps business owners process credit cards and send and finance and invoices, among other features.

References

  1. Mark Glaser (19 September 2007). "Business 2.0 Closed Due to Corporate Neglect, Ad Woes". MediaShift.
  2. Keith J. Kelly (30 July 2008). "LOSING A SMALL FORTUNE". New York Post. Retrieved 2 December 2020.
  3. Erik Sass (4 November 2009). "Time Warner: More Layoffs, 'Fortune Small Business' Shuttered". MediaPost. Retrieved 4 June 2022.
  4. David Lidsky; David Whitford; Scott Cook (1 February 2004). "Cook's Recipe In an exclusive sitdown, Intuit founder Scott Cook discusses how he nurtures leaders, survives creativity slumps, and is changing the nature of small-business software". CNN Money. Retrieved 4 June 2022.