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We may earn a commission from links on this page. Deal pricing and availability subject to change after time of publication. Apple has been top dog in the premium tablet space for years, and the iPad Pro with an M4 chip released last year solidified their dominance. If you've been waiting for a discount on the best-performing tablet you can get, take your pick from the available options: the 11-inch iPad Pro wifi and celular version is $1,099 (originally $1,199), the 13-inch iPad Pro wifi version is also $1,099 (originally $1,299), and the 13-inch wifi and cellular version is $1,299 (originally $1,499). These deals bring all versions down to the lowest prices these iPad models have been since their release, according to price-tracking tools. Ultra Retina XDR Display, 256GB, 12MP Front/Back Camera, LiDAR Scanner, Wi-Fi 6E + 5G Cellular. Apple iPad Pro 11-Inch (M4, Wifi + Cellular) $1,099.00 at Amazon /images/amazon-prime.svg $1,199.00 Save $100.00 Get Deal Get Deal $1,099.00 at Amazon /images/amazon-prime.svg $1,199.00 Save $100.00 Ultra Retina XDR Display, 256GB, 12MP Front/Back Camera, LiDAR Scanner, Wi-Fi 6E, Face ID. Apple iPad Pro 13-Inch (M4, Wifi) $1,099.00 at Amazon /images/amazon-prime.svg $1,299.00 Save $200.00 Get Deal Get Deal $1,099.00 at Amazon /images/amazon-prime.svg $1,299.00 Save $200.00 Ultra Retina XDR Display, 256GB, 12MP Front/Back Camera, LiDAR Scanner, Wi-Fi 6E, Face ID. Apple iPad Pro 13-Inch (M4, Wifi + Cellular) $1,299.00 at Amazon /images/amazon-prime.svg $1,499.00 Save $200.00 Get Deal Get Deal $1,299.00 at Amazon /images/amazon-prime.svg $1,499.00 Save $200.00 SEE 0 MORE The M4 is about 1.5 times faster than the M2, the chip used in the previous generation of iPads. That's a big difference for anyone looking to use their iPad for more than just navigating the web and streaming media apps. The 11-inch screen is an OLED display with a maximum brightness of 1,600 nits and a contrast ratio of 2,000,000:1, making it ideal for creators who need to see accurate colors for pictures or videos. The processing power can easily handle heavy-duty apps like Final Cut Pro, Logic Pro, or Photoshop. A 120Hz refresh rate also means games will look smooth. As far as battery life, you can expect about 10 hours depending on your use, and a charge that takes about two hours to get to full. Keep in mind Apple switched to USB-C charging, and this iPad does not support wireless charging. If you don't get the cellular version, you'll be limited to wifi signal. You can get the Apple Pencil Pro and the Magic Keyboard if you want to complete the set, but of course, they're not necessary. If you're not going to be doing heavy work, the iPad Air will do just fine. But if you're looking for the best tablet to perform professional tasks, the iPad Pro M4 is at a great price right now. View the full article

Minutes from January meeting show US central bankers back ‘careful’ approach on reducing borrowing costsView the full article

UK prime minister keen to avoid upsetting relationship ahead of next week’s White House visit View the full article

As of a few days ago, Google now allows advertisers to use fingerprinting to track users across devices and websites, collecting data points like IP addresses, operating system details, and screen resolution. Why we care. Google’s decision to permit fingerprinting, a powerful user-tracking technique it banned in 2019, raises significant privacy concerns and has already drawn regulatory scrutiny. By allowing fingerprinting, Google gives advertisers a powerful way to track users across devices without relying on cookies, potentially improving ad personalization and attribution. However, the move also raises legal and ethical concerns, as regulators, especially in the EU, may impose new restrictions or penalties. Brands must carefully navigate these changes to balance ad effectiveness with growing consumer privacy expectations. The big picture. The reversal comes despite Google’s recent privacy-first initiatives, suggesting a prioritization of advertising revenue over user privacy protections. Between the lines. The timing of the announcement — just before Christmas — and Google’s careful avoidance of the term “fingerprinting” in its documentation has raised eyebrows. What they’re saying. The UK’s Information Commissioner’s Office (ICO) called the move “irresponsible,” noting that “fingerprinting is not a fair means of tracking users online because it is likely to reduce people’s choice and control.” State of play: Advertisers must still comply with privacy laws. Users won’t be asked for explicit consent. Data collection includes device specifics and usage patterns. The EU is expected to scrutinize the policy change. Bottom line. This represents a significant shift in Google’s privacy stance, potentially setting up conflicts with privacy regulators. View the full article

Your eyes are fragile, complex, and important to your well-being, but taking care of them can be expensive. First of all, it’s not easy to get glasses without a recent prescription, and the average cost of an eye exam without insurance coverage is close to $200. The average cost of the glasses themselves is about $230—and that’s before you add on the coatings you need. This can be a real challenge for the estimated 63% of Americans who don’t have vision insurance, meaning they’re paying out of pocket. There are resources that can offer low-cost or even free eye exams and glasses, however, if you meet certain requirements (like income level and lack of insurance). If you or someone in your family desperately needs new glasses, here’s where you can look for those services. Free examsWhether you’re shopping at a cheap online store for glasses or trying to get a free pair, you’ll need a relatively recent prescription (generally within the last two years). If you don’t have one, you can find cheap or free examinations using the following resources: EyeCare America offers eye exams and ongoing vision care at no cost to people over the age of 65 and people who are at a higher risk of glaucoma. These services are provided by volunteer ophthalmologists around the country. They don’t provide eyeglasses. All Children See offers vision care for children under the age of 18 who have failed a vision screening, have some other vision problem, and who are uninsured or unable to afford care. InfantSEE is administered by the American Optometric Association (AOA) and offers free eye assessments for babies ages 6 to 12 months, regardless of income or insurance status. Government programs like Medicaid, Medicare, and CHIP also offer low-cost or free eye exams, including VA Vision Care for veterans. Eyes of Hope offers no-cost eye exams to adults and children who have no insurance coverage and meet their income requirements. Many community health centers offer eye clinics with free or low-cost exams and eyeglasses. You can locate a CHC near you at this site. Free glassesOnce you have your prescription, you need to fill it. The following programs offer free or super-cheap eyeglasses once you have a prescription in hand: New Eyes provides a “basic” pair of eyeglasses for a $10 non-refundable application fee. You have to apply online (do it here). Eyes of Hope also provides free eyeglasses to adults and children who meet their income requirements. Lions Club International clubs collect and distribute donated eyeglasses. You can find a local club here and contact them directly to find out if they participate in the recycling program and how to start the process. Promotions. Many online stores offer a free first pair of glasses when you shop with them. While there’s no guarantee that these programs will be offered when you need them, sites like GlassesShop and Abbe offer a free pair of basic glasses (shipping and handling is extra) if you have a recent prescription. View the full article

Amid a month of skyrocketing stock prices and unprecedented social media buzz, Hims & Hers is expanding its territory into at-home blood testing and diagnostics. Hims has acquired at-home lab testing facility Trybe Labs, the telehealth company said Wednesday. Using at-home blood draws, Hims will now offer over 70 at-home diagnostics tests, ranging from heart health to certain cancer detection tests. All these can be arranged through the app, without a doctor’s visit. “At-home lab testing is one more exciting step towards elevating the personal, comprehensive care customers in this country should expect,” Dr. Patrick Carroll, Hims & Hers chief medical officer, told CNBC. Trybe Labs is based in New Jersey, and Hims & Hers will use these labs to “process blood tests at low-cost for Hims & Hers members, using state-of-the-art diagnostic equipment,” according to its webpage. Pricing information for these tests will come out within the next year, according to the company. Hims & Hers stock was up 23% during midday trading on Wednesday, following the news of the acquisition. By offering at-home testing, Hims & Hers now puts itself in competition with industry juggernauts like Labcorp and Quest Diagnostics. Shares of Hims have jumped 230% in the last three months, while Labcorp’s and Quest’s have grown only by 4 and 6%, respectively. The move comes during what has seemed like a month of Hims & Hers domination. The telehealth company, which vows to let its members “skip the awkward doctor’s visits,” recently entered the public consciousness with a viral and controversial Super Bowl ad. The ad criticized the pharmaceutical industry while promoting itself as a cheaper alternative. Within the ad, a spokeswoman says: “There are medicines that work, but they’re priced for profits, not patients.” After the ad aired, Hims & Hers saw a 650% increase in website traffic and an 11% increase in stock price. View the full article

This post was written by Alison Green and published on Ask a Manager. A reader writes: In August of 2024, I left behind TV news reporting to become a social media manager for museums in my city. My career in TV news was full of manipulation, toxicity, long hours, and missed holidays. My new job was a standard 9-5, with occasional weekend events for a few hours. It was the boring job I needed. The local theater and museum (they are combined and owned by the same company) took an interest in me, and the CEO offered me a job with them. I was told I would need to work weekends about once a month for shows, and I was okay with that. After looking at the schedule posted to the theater’s website, I decided I was okay with working a few weekends. So, I accepted, excited for the opportunity to grow in this company. I emailed my soon-to-be boss a list of dates I was unavailable that I knew shows were on. I asked for a schedule of all events, but was told, “We’ll talk about it when you start here.” Well, I started in January and they gave me the event schedule, and I see why they waited to do it until after I started. There is something every. single. weekend. This schedule is DOUBLE the amount on the website. Everyone failed to mention that we host private events, some two weeks long. There were things like my baby sister’s birthday party that I didn’t ask off for and family weekends because I thought we were closed! I feel betrayed and lied to. And when I brought it up, I got the stereotypical “we are an events venue and you are expected to be at these events.” It felt very reminiscent of my job in TV news, where we were expected to devote our life’s to our jobs. If I had known about the private events (some of which are 12- to 16-hour days), I would have never accepted this position. My new boss told me I would only work two shows a month on my first day, but when I asked for additional days off after receiving the schedule, I was told, “Aside from the days you previously sent me, I would expect to work every other event day.” I didn’t leave TV news to still be unable to see my family. I can’t tell if I’ve been fooled or if I should have expected this, and I don’t know what to say to anyone that won’t result in me being fired. I don’t see why you should have expected it when you were told you would need to work one weekend a month. You took them at their word. The problem is they apparently lied to you. The question now is: if these schedule requirements aren’t going to change, do you still want the job? What you should do depends on that answer. If you’re willing to leave over it, you can be extremely assertive about it. Sit down with your boss and say: “When I was being hired, I was told I’d need to work one weekend a month and I accepted the job on that basis. I couldn’t have accepted if I’d been told I would be expected to work every other weekend. Since that’s not possible for me with my commitments outside of work, how should we proceed?” If she says it’s not flexible and you’ll need to work every other weekend regardless of what you were promised, then you should say, “If there’s no flexibility on that, it’s not a position I can stay in. What is your preference on how we proceed from here?” A big caveat: even if your boss says she’ll let you off the hook for some of these events, you should still proceed with a lot of caution. Unless her attitude is “this was a terrible miscommunication and I’m so sorry it happened and we want to work this out,” it’s highly likely that you’ll end up being pressured to work more weekends than you want to, regardless of what she says now. If you’re not willing to leave over it … well, first, I think you should be! They lured you into this job under false pretenses, so even if you’re not in a position to leave tomorrow, you should be actively looking for another job so you can get out. But if you need to stay meanwhile, you’d do a softer version of the above, which would mean something like: “When I was being hired, I was told I’d need to work one weekend a month and I accepted the job on that basis. I couldn’t have accepted if I’d been told I’d be working every other weekend. What’s the best way to resolve this?” If she says there’s no changing it now, you could say, “I can try to find some flexibility in my schedule, but since I was brought on with the promise of one weekend a month, are you able to give me some flexibility in return? Can we work out a schedule that is closer to what I was told would be required?” Maybe that will cut down on some of your weekend scheduling while you’re stuck there, maybe it won’t, but it’s worth a try. Also! Who told you originally that you’d only be working one weekend a month? If that was a different person than your current boss, and if they are higher up than your current boss is, it’s worth going back to them, explaining what’s happened, and asking if they can intervene on your behalf, as the person who promised you that. They may or may not be willing/able to, but it’s worth a try given their role in what happened. View the full article

Proposal sees smaller role for land troops to enforce ceasefire, but would require significant US support View the full article

President Donald Trump’s administration on Wednesday ordered a halt to New York City’s congestion pricing system, which thins traffic and funds mass transit by imposing high tolls on drivers entering some parts of Manhattan. Launched on January 5, the city’s system uses license plate readers to impose a $9 toll on most passenger cars entering Manhattan neighborhoods south of Central Park. In its early days, transit officials say the toll has brought modest but measurable traffic reductions. That charge comes on top of what drivers already pay to use bridges and tunnels to get onto the island. Drivers who take a tunnel in from New Jersey during peak commuting hours now pay $31.81, or a discounted rate of $22.06 if they are enrolled in the E-ZPass toll collection program. In a statement, U.S. Transportation Secretary Sean P. Duffy announced the federal government has rescinded its approval of the program, calling it “slap in the face to working class Americans and small business owners.” Duffy said his agency will work with the state on an “orderly termination of the tolls.” Similar tolling programs intended to force people onto public public transit by making driving cost-prohibitive have long existed in other global cities, including London, Stockholm, Milan, and Singapore, but the system had never before been tried in the U.S. Trump, whose namesake Trump Tower penthouse and other properties are within the congestion zone, had vowed to kill the plan as soon as he took office. He previously characterized it as a massive, regressive tax. “It will be virtually impossible for New York City to come back as long as the congestion tax is in effect,” Trump said in November as New York prepared to implement the plan before he took office. Revenue from the tolls is intended to raise billions of dollars in revenue for the city’s creaky and cash-strapped transit system, which carries some four million riders daily. The tolling system has been divisive. Transit advocates and environmentalists have heralded it as an innovative step to reduce air pollution from vehicle exhaust, make streets safer for pedestrians and bikers, while speeding up traffic for vehicles that truly need to be on the road, like delivery trucks and police cars. But the high tolls are hated by many New Yorkers who own cars, particularly those that live in the suburbs or parts of the city not well-served by the subway system. New Jersey Gov. Phil Murphy, a Democrat, had fought the tolls and court and wrote a letter Trump on Inauguration Day imploring him to kill the program. New York Gov. Kathy Hochul also had misgivings. Last June, she abruptly halted the tolling system’s planned launch, citing concerns about its impact on the local economy. The Democrat then revived the toll in November following Trump’s election, but reduced the toll for passenger vehicles from $15 to $9. Since then, she has lauded it as a win for the city and has discussed the issue multiple times with the president. The tolling plan was approved by New York lawmakers in 2019, but stalled for years awaiting a required federal environmental review during Trump’s first term before being approved by the administration of President Joe Biden. As in other cities, the New York congestion fee varies depending on the time and the size of the vehicle. Trucks and other large automobiles pay a higher rate, and the fee goes drops to $2.25 for most cars during the quieter overnight hours. The toll survived several lawsuits trying to halt it before its launch, including from the state of New Jersey, unionized teachers in New York City, a trucking industry group and local elected leaders in the Hudson River Valley, Long Island, and northern New Jersey. —Philip Marcelo, Associated Press View the full article

Starbucks is shaking things up with a new approach to its cold drink cups. Instead of the usual clear plastic, many locations are now serving iced drinks in cold compostable cups—a big step toward cutting down on plastic waste. The switch officially rolled out on February 11 across 14 states, according to Fox Business. A Starbucks spokesperson confirmed that the company “switched to commercially compostable cups and lids as part of our efforts to reduce waste and meet local market requirements.” Right now, about 580 stores have made the change, which is just a small fraction of Starbucks’ 17,000+ locations in the U.S. But if you’re grabbing an iced coffee in California, Washington, Hawaii, Minnesota, Arizona, New Mexico, Massachusetts, Michigan, Maryland, Connecticut, Virginia, South Carolina, Colorado, or Georgia, you might notice the new cups in action. Starbucks explained the purpose of the new cups, which were redesigned with a strawless lid, in a note on its website called “A Better Cup for All.” “We’ve set an ambitious goal for our cups to be 100% compostable, recyclable, or reusable; sourced from 50% recycled materials; and made using 50% less virgin fossil fuel derived sources by 2030. In the U.S. and Canada, we’re rolling out a more sustainable and accessible cold cup made with 10-20% less plastic – just one way we’re driving single-use packaging innovation.” The chain also mentioned other ways it’s working towards sustainability, such as the use of “for here” cups, which are coffee mugs and glasses that can be used for orders being consumed in the store and personal cups. The brand also explained that it’s testing reusable cups in more than 30 markets. “For instance, in Petaluma, California, we piloted a program that makes reusables the default option for to-go drinks across an entire city,” it said. According to a December 2024 CBS News report, about six million cold Starbucks drinks are sold each day, adding up to about 2.2 billion plastic cups a year. In April, Starbucks announced the invention of the new cold cups, and explained they could eliminate 13 million pounds of plastic waste—most of which ends up in landfills. The waste-reducing moves are, of course, good for the environment. But Starbucks cups have always been a hot-button issue. Whether it’s disagreements over holiday designs, or pushback over sustainability efforts, changes rarely go unnoticed, and they haven’t this time, either. Social media users were quick to critique the new compostable design, especially the new lid. “Trying to sip cold foam through them is awful,” one Reddit user shared. “The lid has an odd taste and texture and the hole is too small.” Many customers shared the insight that they prefer to see their drink before consuming it, especially drinks with layers, or that are meant to be aesthetically pleasing. And several comments pointed to the fact that it will be tough for TikTokkers to show off their drinks in the new cups, which are not see-through. “No more Tiktok drinks. Can’t flaunt a drink if it’s hidden,” the commenter lamented. While the change certainly will be noticeable on TikTok, as posting food and drink reviews is a wildly popular pastime, plenty of customers applauded the move. Because while the cup isn’t clear, the environmental impact sure is. “I’m all for that. I think we need more paper cups and less plastic ones,” one customer wrote. Another echoed the sentiment, writing, “If it means dramatically reducing the amount of plastic cups, we should all be rejoicing.” View the full article

As much as Apple would like it, iMessage is not the only messaging platform in the world. Yes, RCS is nice, but a lot of people prefer using WhatsApp and Telegram instead. And given the divisive state of world politics right now, secure apps like Signal have their own appeal. The reality is that, instead of just sticking to your default texting program, you're probably juggling between multiple messaging apps right now. Unfortunately, the iPhone doesn't really make this process easy. Now, there's a new app called DefaultSMS that's trying to bridge this gap. DefaultSMS uses a new, obscure iPhone setting to change your default messaging app for you. It'll kick in whenever you start up a new message, whether from a link, a preview page, or a contact page. This lets you automatically text using whatever app you want, even if that app doesn't yet officially support Apple's new setting. DefaultSMS works with WhatsApp, Telegram, or Signal, but conveniently, it also comes with the option to bring up a menu to instead choose between all of your messaging apps every time you go to text, so you can more easily navigate between them on a case-by-case basis. No matter your preference, there's a lot to like here. How to set up DefaultSMS on iPhoneAfter downloading the app from the App Store (it costs $0.99), make a trip to the Settings app. Scroll down to the Apps section, choose Default Apps, tap Messaging, and switch to the DefaultSMS app. Credit: Khamosh Pathak Now, open the DefaultSMS app to choose your preferred default messaging app. You can choose between Signal, Telegram, and WhatsApp. Or, if you frequently jump between Signal and WhatsApp, you can choose the Ask Each Time option instead. Again, when you use this feature, the app will prompt you to choose a messaging app each time you go to text, including the default Messages app. Now that setup is done, it's time to test it out. Credit: Khamosh Pathak Go to the Phone app, open a contact page, tap the Message button, and the DefaultSMS app will take over, opening a message to your contact in the app of your choice. I, personally, use this with WhatsApp, but regardless of your app of choice, it's nice not to have to hunt for each of my messaging apps on my home screen every time I want to use them. DefaultSMS still has some limitations. You'll still continue to receive SMS texts and iMessages in the default Messages app, and of course, this method only works if the person you're messaging has the app you're messaging them with installed. If they don't use Telegram, for instance, DefaultSMS won't magically let you them send them a Telegram message. View the full article

A floral shop can be a fun and profitable business opportunity. If you already love flowers, you just need some basic business knowledge to get started. This article shows you how to open a flower shop and some other essential tips to help it thrive. Starting Your Own Flower Shop Business If you’re interested in becoming a flower shop owner, there are a few key steps to take before you can spend your day arranging flowers. Here are the most important elements of opening a flower shop. Research the Flower Shop Industry The flower shop industry has encountered several challenges in recent years. Growing competition from online and large retailers, combined with declining demand, has resulted in a decrease in the number of independent shops. Nevertheless, passionate floral designers with a solid business plan can still thrive. It’s essential to be aware of these challenges before learning how to open a flower shop. Know Your Target Market Many flower shops succeed by focusing their efforts on a specific unmet need in their community. For example, your research may show that there are plenty of grocery stores in your area that sell basic bouquets. So you may have more luck focusing on wedding flowers and centerpieces. This niche and mission statement allow you to focus your marketing and branding on these target customers. Research and Check out Your Floral Business Competitors Independent flower shops compete with grocery stores, e-commerce shops, and other local florists. Before starting any small business, it’s essential to identify where else people in your area can purchase similar products. After that, assess whether there is sufficient demand for your unique offerings. Create a Flower Shop Business Plan Every small business needs a plan to earn revenue. Here are some key elements to include: Business Summary Market and Competitor Analysis Product descriptions and pricing strategy Costs Marketing Plan Name Your New Flower Shop Business A flower shop needs a name that is both memorable and clearly indicates the services offered. For instance, Teleflora is catchy and effectively conveys the business’s purpose, as customers can easily order flowers online or by phone. Similarly, Blooms By the Box aptly reflects the company’s wholesale approach for large weddings and events. Once you have a name, register it with your state to keep others from using your name. You may also trademark it for extra legal protection. Get Your Branding Right Along with choosing a name, it’s important to design a logo and other branding elements for your website and marketing materials. Maintaining consistency in these elements helps customers easily recall your business and enhances your professional appearance. Choose a Location and Size If you plan to open a retail flower shop, you need a storefront. It should have enough space for your inventory and coolers to keep them fresh. A location with easy parking or walkability can make it easier for customers to visit. But find a lease that’s within your budget, taking other operating expenses and projected revenue into account. Open a Business Bank Account A dedicated business bank account simplifies the tracking of revenue and expenses while keeping your personal finances separate. You can open this account at your current bank or choose a different one using your business name and EIN. Additionally, obtaining a business credit card can assist in managing expenses and establishing a credit history, which may be beneficial if you plan to seek financing in the future. Research Licensing Permits and Fees Business licensing and permit requirements vary by state and community. So check with your city clerk or state business office for specific processes and fees. Here are some common ones a florist shop may need: General business license Zoning permit Seller’s Permit Building safety inspection Doing Business As a license Secure Funding for Your Business Funding can help you secure a location, purchase inventory and supplies, and hire employees. If you have good credit, you might qualify for a small business loan from a bank or online lender. Additionally, some communities may offer grants to revitalize their downtown areas. Alternatively, you may use a personal loan or credit to cover some startup costs. Choose a Legal Entity A legal entity specifies how your business pays taxes and what kind of liability you may be responsible for as the owner. Here are some common options. Sole proprietor: This business structure is only for small companies with no employees. The owner is solely liable for all potential damages. So it may only be relevant to small ecommerce businesses. Partnership: Partnerships are similar to sole proprietorships. But more than one person is listed as the owner. LLC: A limited liability company separates you from your business in terms of liability. So, if you’re sued, your personal assets should not be in play. Corporations: Corporations are distinct entities separate from their owners, which helps protect owners from personal liability. Additionally, they have different tax structures compared to LLCs, where the owner reports the income directly. Purchase Business Insurance Insurance protects businesses from an array of unexpected expenses. Here are some types that may be relevant to a flower store: General liability insurance: This covers costs from lawsuits. For example, if a customer is injured on your property, your policy covers up to a certain amount. Commercial property insurance: This helps property owners and businesses pay for necessary repairs or replacement items if the storefront is damaged in a natural disaster or fire. Workers compensation: For shops that have employees, this provides compensation if they’re injured while working. Commercial auto insurance: If you deliver flowers, an auto policy protects your vehicles if there’s an accident. Decide on Your Product Pricing Before you can start selling flowers, you need to price each item. For example, single roses may be the least expensive, while bouquets and custom arrangements may cost more. You may also have rates for special events or specialty flowers that require extra work to source. Source Inventory and Essential Items Locate a wholesaler that provides the flowers necessary for crafting your arrangements and products. Additionally, you might require supplementary supplies such as pruning shears and vases. For larger investments, consider acquiring coolers and a delivery vehicle. Market Your Business Once you’re set-up, it’s time to bring customers through the door. Consider local ads, social media or search ads, or outreach to relevant community groups. For example, partnering with local dress shops may help you reach more bridal clients. Consider Multiple Income Streams Flower sales may make up the bulk of your revenue. However, a successful business often requires multiple ways of making money. For example, you may also provide delivery to cemeteries or connect with a business partner like 1-800-Flowers to bring in more customers. Hire Staff If you cannot staff your own shop on your own, you’ll need extra employees to help customers. Register for an Employer Identification Number from the IRS and set up payroll and taxes to remain compliant. Enjoy the Grand Opening Your grand opening should be a fun event that introduces your products and services to target customers. Reach out to local publications and your local chamber of commerce to create buzz. Be a Successful Flower Shop Business Owner Maintaining a successful local florist business requires quality products, excellent customer service, and constant improvement of business skills. Constantly monitor trends in the flower industry and purchase flowers that your target customers are most interested in. Why You Should Open a Flower Shop Business Flower shop owners enjoy tons of benefits, both on a business and personal level. If you’re wondering whether or not this opportunity is the right fit, here are some flower shop statistics. Moreover, here’s why many local florists get started: Ability to express creativity through flowers Opportunity to connect with customers during major life events (weddings, anniversaries, etc.) Multiple streams of revenue (bouquets, centerpieces, full wedding flowers) The Florist Industry in the United States The floral industry in the U.S. is worth about $5 billion. However, independent flower shops have lost market share over the past several years due to competition from grocery stores and e-commerce sites. Despite this impressive figure, the landscape of this industry has been changing dramatically. Here are some key points to consider: Market Dynamics: Over recent years, independent flower shops have experienced a decline in market share. This trend can be attributed to increased competition from supermarkets, online retailers, and large floral chains. These competitors often offer lower prices and greater convenience, challenging small businesses. Opportunities for New Entrants: Unserved Markets: In areas without existing florist services, new entrants can find lucrative opportunities. Establishing a flower shop in these locations can meet unfulfilled customer needs. Personalization and Specialty Services: Small businesses can differentiate themselves by offering personalized services, unique floral arrangements, and specialized experiences that larger competitors may not provide. Local Partnerships: Establishing connections with local businesses and event planners can generate a consistent flow of clients. Focusing on weddings, corporate events, and other special occasions can be especially lucrative. Community Engagement: Engaging with the community through workshops, local events, and social media can build a loyal customer base. Challenges to Consider: Cost Management: Managing costs effectively is crucial, especially when competing with low-cost providers. Marketing and Branding: Developing a strong brand and marketing strategy is essential to stand out in a crowded market. Understanding these dynamics is crucial for anyone looking to enter the florist industry in the United States. The ability to adapt to the changing market and find unique ways to serve customers can be the key to success in this challenging yet potentially rewarding field. How Much Does it Cost to Start a Flower Shop? The costs of opening a flower business vary widely depending on the size of the store and inventory. Retail florists with large storefronts in busy areas may pay between $50,000 and $75,000 in startup costs for a lease, coolers, and inventory. However, those who sell flower arrangements online can save on retail space and large equipment. Smaller operations may cost $10,000 or less at first. Things You Should Know Before Starting a Flower Shop Business Before you start a flower shop, you need some specialized knowledge about running these local shops. Here are some florist resources that may help. Temperature Control Some flowers go through their food reserves more quickly in the heat. Keeping fresh flowers in a cooler or temperature-controlled storefront can keep them alive longer. Florist Software Florist software can help you manage inventory, facilitate purchases, and cover expenses. Here are a few options: QuickFlora: This floral POS helps florists complete purchases in a retail environment FloralFrog: This all-in-one solution includes options for collecting payments, managing daily tasks, and even routing deliveries Details Flowers: This software specializes in event design. So it’s ideal for those who focus on wedding flowers Holidays Holidays like Valentine’s Day and Mother’s Day are especially busy for flower shops. It may be worthwhile to focus marketing efforts around these holidays and ensure you have enough staff. Tips for Marketing and Promoting Your Flower Shop Business Having an attractive flower shop that provides high-quality products and services is just the starting point. To draw in customers and ensure the success of your flower shop business, it is essential to implement effective marketing strategies. Here are some tips for marketing and promoting your flower shop: Build an Online Presence: In today’s digital age, having an online presence is crucial. Create a professional website showcasing your floral arrangements, services, contact information, and any special offers or promotions. Use social media platforms like Instagram, Facebook, and Pinterest to share photos of your floral designs and engage with potential customers. Offer Online Ordering and Delivery: Provide the convenience of online ordering for customers who prefer to shop from the comfort of their homes. Implement a secure online payment system and offer delivery services to reach a broader customer base. Utilize Local SEO: Optimize your website for local search by using location-specific keywords and listing your flower shop on Google My Business. This will help your shop appear in local searches and on Google Maps. Participate in Local Events: Engage with your community by participating in local events, fairs, or markets. Set up a booth and showcase your floral arrangements to attract potential customers and create brand awareness. Collaborate with Local Businesses: Partner with other local businesses, such as event planners, wedding venues, restaurants, and gift shops, to cross-promote each other’s services. Offer discounts or special packages for customers referred by these businesses. Run Promotions and Discounts: Offer seasonal promotions, discounts on specific occasions, or loyalty programs to incentivize repeat business and attract new customers. Host Workshops and Events: Arrange floral arrangement workshops or demonstrations to display your skills and engage those interested in learning about flowers. These events can create excitement and draw potential customers to your shop. Send Out Email Newsletters: Build an email list of customers and potential clients and send out regular newsletters with updates, promotions, and tips on caring for flowers. Email marketing is an effective way to stay connected with your audience. Showcase Your Expertise: Share your floral knowledge and expertise through blog posts, videos, or social media content. Provide tips on flower care, arrangement ideas, and the meaning behind different flowers. Create Stunning Window Displays: Your shop’s window displays are like advertisements that entice people passing by to step inside. Change your displays regularly to keep them fresh and appealing. Engage in Local Sponsorships: Sponsor local events, school activities, or charitable causes to increase your shop’s visibility and demonstrate community involvement. Tips for Marketing Your Flower ShopDescription Build an Online PresenceCreate a professional website showcasing floral arrangements, services, contact info, and promotions. Use social media to engage users. Offer Online Ordering and DeliveryProvide online ordering and secure payment options, along with delivery services for customer convenience. Utilize Local SEOOptimize your website for local search with location-specific keywords and listing on Google My Business. Participate in Local EventsEngage with the community by showcasing floral arrangements at local events, fairs, or markets. Collaborate with Local BusinessesPartner with other businesses to cross-promote services and offer discounts for referred customers. Run Promotions and DiscountsOffer seasonal promotions, occasion-based discounts, and loyalty programs to attract and retain customers. Host Workshops and EventsOrganize floral arrangement workshops or demonstrations to showcase expertise and attract potential customers. Send Out Email NewslettersBuild an email list and send regular newsletters with updates, promotions, and flower care tips to stay connected with the audience. Showcase Your ExpertiseShare floral knowledge through blog posts, videos, or social media content, providing tips and arrangement ideas. Create Stunning Window DisplaysUse appealing window displays as advertisements to attract passersby and encourage them to enter the shop. Engage in Local SponsorshipsSponsor local events, activities, or causes to increase visibility and demonstrate community involvement. Remember that successful marketing is about understanding your target market, being creative, and consistently maintaining your brand image. By implementing these marketing strategies, you can effectively promote your flower shop and attract a steady flow of customers, making it a flourishing and profitable business. Is owning a flower shop profitable? Flower shops can be profitable if they keep costs low and create multiple revenue streams. Many shops offer bouquets, cut flowers, wreaths, delivery, custom arrangements, and special event flowers. So, if the purchase price of these products and services is high enough to cover the limited expenses of a flower shop, you should turn a profit. Where do flower shops get their flowers? Flower shops usually get inventory from wholesalers that offer an array of products in bulk. Or they may work directly with local flower farms. Image: Depositphotos This article, "How to Open a Flower Shop" was first published on Small Business Trends View the full article

A floral shop can be a fun and profitable business opportunity. If you already love flowers, you just need some basic business knowledge to get started. This article shows you how to open a flower shop and some other essential tips to help it thrive. Starting Your Own Flower Shop Business If you’re interested in becoming a flower shop owner, there are a few key steps to take before you can spend your day arranging flowers. Here are the most important elements of opening a flower shop. Research the Flower Shop Industry The flower shop industry has encountered several challenges in recent years. Growing competition from online and large retailers, combined with declining demand, has resulted in a decrease in the number of independent shops. Nevertheless, passionate floral designers with a solid business plan can still thrive. It’s essential to be aware of these challenges before learning how to open a flower shop. Know Your Target Market Many flower shops succeed by focusing their efforts on a specific unmet need in their community. For example, your research may show that there are plenty of grocery stores in your area that sell basic bouquets. So you may have more luck focusing on wedding flowers and centerpieces. This niche and mission statement allow you to focus your marketing and branding on these target customers. Research and Check out Your Floral Business Competitors Independent flower shops compete with grocery stores, e-commerce shops, and other local florists. Before starting any small business, it’s essential to identify where else people in your area can purchase similar products. After that, assess whether there is sufficient demand for your unique offerings. Create a Flower Shop Business Plan Every small business needs a plan to earn revenue. Here are some key elements to include: Business Summary Market and Competitor Analysis Product descriptions and pricing strategy Costs Marketing Plan Name Your New Flower Shop Business A flower shop needs a name that is both memorable and clearly indicates the services offered. For instance, Teleflora is catchy and effectively conveys the business’s purpose, as customers can easily order flowers online or by phone. Similarly, Blooms By the Box aptly reflects the company’s wholesale approach for large weddings and events. Once you have a name, register it with your state to keep others from using your name. You may also trademark it for extra legal protection. Get Your Branding Right Along with choosing a name, it’s important to design a logo and other branding elements for your website and marketing materials. Maintaining consistency in these elements helps customers easily recall your business and enhances your professional appearance. Choose a Location and Size If you plan to open a retail flower shop, you need a storefront. It should have enough space for your inventory and coolers to keep them fresh. A location with easy parking or walkability can make it easier for customers to visit. But find a lease that’s within your budget, taking other operating expenses and projected revenue into account. Open a Business Bank Account A dedicated business bank account simplifies the tracking of revenue and expenses while keeping your personal finances separate. You can open this account at your current bank or choose a different one using your business name and EIN. Additionally, obtaining a business credit card can assist in managing expenses and establishing a credit history, which may be beneficial if you plan to seek financing in the future. Research Licensing Permits and Fees Business licensing and permit requirements vary by state and community. So check with your city clerk or state business office for specific processes and fees. Here are some common ones a florist shop may need: General business license Zoning permit Seller’s Permit Building safety inspection Doing Business As a license Secure Funding for Your Business Funding can help you secure a location, purchase inventory and supplies, and hire employees. If you have good credit, you might qualify for a small business loan from a bank or online lender. Additionally, some communities may offer grants to revitalize their downtown areas. Alternatively, you may use a personal loan or credit to cover some startup costs. Choose a Legal Entity A legal entity specifies how your business pays taxes and what kind of liability you may be responsible for as the owner. Here are some common options. Sole proprietor: This business structure is only for small companies with no employees. The owner is solely liable for all potential damages. So it may only be relevant to small ecommerce businesses. Partnership: Partnerships are similar to sole proprietorships. But more than one person is listed as the owner. LLC: A limited liability company separates you from your business in terms of liability. So, if you’re sued, your personal assets should not be in play. Corporations: Corporations are distinct entities separate from their owners, which helps protect owners from personal liability. Additionally, they have different tax structures compared to LLCs, where the owner reports the income directly. Purchase Business Insurance Insurance protects businesses from an array of unexpected expenses. Here are some types that may be relevant to a flower store: General liability insurance: This covers costs from lawsuits. For example, if a customer is injured on your property, your policy covers up to a certain amount. Commercial property insurance: This helps property owners and businesses pay for necessary repairs or replacement items if the storefront is damaged in a natural disaster or fire. Workers compensation: For shops that have employees, this provides compensation if they’re injured while working. Commercial auto insurance: If you deliver flowers, an auto policy protects your vehicles if there’s an accident. Decide on Your Product Pricing Before you can start selling flowers, you need to price each item. For example, single roses may be the least expensive, while bouquets and custom arrangements may cost more. You may also have rates for special events or specialty flowers that require extra work to source. Source Inventory and Essential Items Locate a wholesaler that provides the flowers necessary for crafting your arrangements and products. Additionally, you might require supplementary supplies such as pruning shears and vases. For larger investments, consider acquiring coolers and a delivery vehicle. Market Your Business Once you’re set-up, it’s time to bring customers through the door. Consider local ads, social media or search ads, or outreach to relevant community groups. For example, partnering with local dress shops may help you reach more bridal clients. Consider Multiple Income Streams Flower sales may make up the bulk of your revenue. However, a successful business often requires multiple ways of making money. For example, you may also provide delivery to cemeteries or connect with a business partner like 1-800-Flowers to bring in more customers. Hire Staff If you cannot staff your own shop on your own, you’ll need extra employees to help customers. Register for an Employer Identification Number from the IRS and set up payroll and taxes to remain compliant. Enjoy the Grand Opening Your grand opening should be a fun event that introduces your products and services to target customers. Reach out to local publications and your local chamber of commerce to create buzz. Be a Successful Flower Shop Business Owner Maintaining a successful local florist business requires quality products, excellent customer service, and constant improvement of business skills. Constantly monitor trends in the flower industry and purchase flowers that your target customers are most interested in. Why You Should Open a Flower Shop Business Flower shop owners enjoy tons of benefits, both on a business and personal level. If you’re wondering whether or not this opportunity is the right fit, here are some flower shop statistics. Moreover, here’s why many local florists get started: Ability to express creativity through flowers Opportunity to connect with customers during major life events (weddings, anniversaries, etc.) Multiple streams of revenue (bouquets, centerpieces, full wedding flowers) The Florist Industry in the United States The floral industry in the U.S. is worth about $5 billion. However, independent flower shops have lost market share over the past several years due to competition from grocery stores and e-commerce sites. Despite this impressive figure, the landscape of this industry has been changing dramatically. Here are some key points to consider: Market Dynamics: Over recent years, independent flower shops have experienced a decline in market share. This trend can be attributed to increased competition from supermarkets, online retailers, and large floral chains. These competitors often offer lower prices and greater convenience, challenging small businesses. Opportunities for New Entrants: Unserved Markets: In areas without existing florist services, new entrants can find lucrative opportunities. Establishing a flower shop in these locations can meet unfulfilled customer needs. Personalization and Specialty Services: Small businesses can differentiate themselves by offering personalized services, unique floral arrangements, and specialized experiences that larger competitors may not provide. Local Partnerships: Establishing connections with local businesses and event planners can generate a consistent flow of clients. Focusing on weddings, corporate events, and other special occasions can be especially lucrative. Community Engagement: Engaging with the community through workshops, local events, and social media can build a loyal customer base. Challenges to Consider: Cost Management: Managing costs effectively is crucial, especially when competing with low-cost providers. Marketing and Branding: Developing a strong brand and marketing strategy is essential to stand out in a crowded market. Understanding these dynamics is crucial for anyone looking to enter the florist industry in the United States. The ability to adapt to the changing market and find unique ways to serve customers can be the key to success in this challenging yet potentially rewarding field. How Much Does it Cost to Start a Flower Shop? The costs of opening a flower business vary widely depending on the size of the store and inventory. Retail florists with large storefronts in busy areas may pay between $50,000 and $75,000 in startup costs for a lease, coolers, and inventory. However, those who sell flower arrangements online can save on retail space and large equipment. Smaller operations may cost $10,000 or less at first. Things You Should Know Before Starting a Flower Shop Business Before you start a flower shop, you need some specialized knowledge about running these local shops. Here are some florist resources that may help. Temperature Control Some flowers go through their food reserves more quickly in the heat. Keeping fresh flowers in a cooler or temperature-controlled storefront can keep them alive longer. Florist Software Florist software can help you manage inventory, facilitate purchases, and cover expenses. Here are a few options: QuickFlora: This floral POS helps florists complete purchases in a retail environment FloralFrog: This all-in-one solution includes options for collecting payments, managing daily tasks, and even routing deliveries Details Flowers: This software specializes in event design. So it’s ideal for those who focus on wedding flowers Holidays Holidays like Valentine’s Day and Mother’s Day are especially busy for flower shops. It may be worthwhile to focus marketing efforts around these holidays and ensure you have enough staff. Tips for Marketing and Promoting Your Flower Shop Business Having an attractive flower shop that provides high-quality products and services is just the starting point. To draw in customers and ensure the success of your flower shop business, it is essential to implement effective marketing strategies. Here are some tips for marketing and promoting your flower shop: Build an Online Presence: In today’s digital age, having an online presence is crucial. Create a professional website showcasing your floral arrangements, services, contact information, and any special offers or promotions. Use social media platforms like Instagram, Facebook, and Pinterest to share photos of your floral designs and engage with potential customers. Offer Online Ordering and Delivery: Provide the convenience of online ordering for customers who prefer to shop from the comfort of their homes. Implement a secure online payment system and offer delivery services to reach a broader customer base. Utilize Local SEO: Optimize your website for local search by using location-specific keywords and listing your flower shop on Google My Business. This will help your shop appear in local searches and on Google Maps. Participate in Local Events: Engage with your community by participating in local events, fairs, or markets. Set up a booth and showcase your floral arrangements to attract potential customers and create brand awareness. Collaborate with Local Businesses: Partner with other local businesses, such as event planners, wedding venues, restaurants, and gift shops, to cross-promote each other’s services. Offer discounts or special packages for customers referred by these businesses. Run Promotions and Discounts: Offer seasonal promotions, discounts on specific occasions, or loyalty programs to incentivize repeat business and attract new customers. Host Workshops and Events: Arrange floral arrangement workshops or demonstrations to display your skills and engage those interested in learning about flowers. These events can create excitement and draw potential customers to your shop. Send Out Email Newsletters: Build an email list of customers and potential clients and send out regular newsletters with updates, promotions, and tips on caring for flowers. Email marketing is an effective way to stay connected with your audience. Showcase Your Expertise: Share your floral knowledge and expertise through blog posts, videos, or social media content. Provide tips on flower care, arrangement ideas, and the meaning behind different flowers. Create Stunning Window Displays: Your shop’s window displays are like advertisements that entice people passing by to step inside. Change your displays regularly to keep them fresh and appealing. Engage in Local Sponsorships: Sponsor local events, school activities, or charitable causes to increase your shop’s visibility and demonstrate community involvement. Tips for Marketing Your Flower ShopDescription Build an Online PresenceCreate a professional website showcasing floral arrangements, services, contact info, and promotions. Use social media to engage users. Offer Online Ordering and DeliveryProvide online ordering and secure payment options, along with delivery services for customer convenience. Utilize Local SEOOptimize your website for local search with location-specific keywords and listing on Google My Business. Participate in Local EventsEngage with the community by showcasing floral arrangements at local events, fairs, or markets. Collaborate with Local BusinessesPartner with other businesses to cross-promote services and offer discounts for referred customers. Run Promotions and DiscountsOffer seasonal promotions, occasion-based discounts, and loyalty programs to attract and retain customers. Host Workshops and EventsOrganize floral arrangement workshops or demonstrations to showcase expertise and attract potential customers. Send Out Email NewslettersBuild an email list and send regular newsletters with updates, promotions, and flower care tips to stay connected with the audience. Showcase Your ExpertiseShare floral knowledge through blog posts, videos, or social media content, providing tips and arrangement ideas. Create Stunning Window DisplaysUse appealing window displays as advertisements to attract passersby and encourage them to enter the shop. Engage in Local SponsorshipsSponsor local events, activities, or causes to increase visibility and demonstrate community involvement. Remember that successful marketing is about understanding your target market, being creative, and consistently maintaining your brand image. By implementing these marketing strategies, you can effectively promote your flower shop and attract a steady flow of customers, making it a flourishing and profitable business. Is owning a flower shop profitable? Flower shops can be profitable if they keep costs low and create multiple revenue streams. Many shops offer bouquets, cut flowers, wreaths, delivery, custom arrangements, and special event flowers. So, if the purchase price of these products and services is high enough to cover the limited expenses of a flower shop, you should turn a profit. Where do flower shops get their flowers? Flower shops usually get inventory from wholesalers that offer an array of products in bulk. Or they may work directly with local flower farms. Image: Depositphotos This article, "How to Open a Flower Shop" was first published on Small Business Trends View the full article

Knowing how to find a manufacturer is crucial in turning your innovative idea into a profitable product. This comprehensive guide explores different methods for doing just that: Locating the perfect manufacturing partner. With the right strategy and our helpful tips, you can effectively identify a manufacturer that not only meets your specific needs but also enables you to bring your product idea to market. How to Find a Manufacturer: A Step-by-Step Process Finding the right manufacturing partner requires a step-by-step process. Here are three key steps to follow: Researching Potential Manufacturers When searching for manufacturers, utilizing online resources such as industry-specific directories and forums can provide a wealth of information. Networking with industry professionals or attending trade shows can also offer opportunities to connect with potential partners and learn more about their capabilities. Once you have compiled a list of potential manufacturers, it’s important to conduct further research to evaluate their experience, reputation, and compatibility with your needs. Shortlisting Manufacturers Based on Your Needs Narrow down your list of potential manufacturers by considering factors such as their location, experience, and production capabilities. Focus on those that align with your specific needs, such as production volume or customization requirements. This will help you select the best manufacturer for your project and streamline the evaluation process. Vetting Manufacturers for Quality and Reliability Before selecting a manufacturer, it’s crucial to vet them thoroughly to ensure they meet your quality and reliability standards. Review their reputation and customer reviews, request and review product samples, check references, and schedule a visit to their facilities. These steps can help you make an informed decision and choose a manufacturer that meets your needs. By following this systematic approach, you can ensure you choose a manufacturing partner that fits your needs and has the capacity and reliability to deliver a high-quality product consistently. Here are the steps in table form for quick reference: Step NumberProcessDescription 1Researching Potential ManufacturersStart by utilizing online resources such as industry-specific directories, forums, and social media networks. These platforms can provide valuable information on manufacturers in your product's niche. Networking with industry professionals, attending trade shows, or utilizing professional sourcing services can also provide additional opportunities to identify potential partners. Once you have compiled a list of potential manufacturers, it's important to dive deeper into their business histories, their reputation in the industry, and their overall compatibility with your business needs. 2Shortlisting Manufacturers Based on Your NeedsAfter thorough research, it's time to narrow down your list of potential manufacturers. Factors to consider in this process include their location, their experience in your specific industry, their production capabilities, and their ability to meet your specific needs in terms of production volume, customization requirements, and other factors. Careful evaluation based on these criteria can help you focus your search on the manufacturers that are the best fit for your project. 3Vetting Manufacturers for Quality and ReliabilityOnce you have a shortlist of potential manufacturing partners, it's time to thoroughly vet them for quality and reliability. This may involve reviewing their online reputation and customer reviews, requesting and evaluating product samples, checking references, and possibly even scheduling a visit to their facilities. These actions can provide invaluable insight into the manufacturer's operations and their ability to deliver a product that meets your standards. Understanding the Importance of Manufacturing Partners Small businesses, especially those involved in the production of physical goods, need to fully comprehend the importance of manufacturing partners in their operations. These partnerships can determine a business’s success, as they greatly impact the overall quality, cost, and efficiency of production processes. One of the primary roles a manufacturing partner plays is providing quality control over raw materials. By sourcing and verifying the quality of raw materials, they ensure that the final product meets or exceeds industry standards and customer expectations. This helps avoid potential problems associated with poor quality or failure to comply with regulations, which could damage the business’s reputation or result in penalties and returns. Another important factor that a manufacturing partner can assist with is managing production costs. The ideal partner leverages their knowledge, expertise, and network to identify cost-effective solutions while maintaining high-quality standards. This may include finding more cost-effective raw materials, adopting more efficient manufacturing techniques, or discovering methods to minimize waste. By taking these steps, the manufacturer can enhance the business’s profit margins, enabling either more competitive pricing or greater overall profitability. Efficiency in production is also an essential benefit provided by manufacturing partners. They possess the expertise and resources to optimize production processes, ensuring that products are manufactured and delivered within the stipulated timelines. Efficiency not only reduces costs by eliminating wasted time and resources but also ensures that the business can meet demand, prevent stockouts, and deliver excellent customer service. However, all these benefits can only be realized if a small business has a reliable manufacturing partner. Without this reliability, there is a risk of inconsistent product quality, unexpected cost overruns, or disrupted production schedules. Such issues can severely impact the profitability of a small business, damage its reputation, and even risk its very survival. For a visual enhancement to this article, the video ‘How To Find A Good And Reliable Manufacturer Or Supplier For Your Product Idea’ serves as a useful resource. This guide simplifies the supplier sourcing process, providing additional insight on research, negotiation strategies, and key questions to ask, offering a more interactive way to grasp these crucial concepts. Let’s explore the different types of manufacturers next. Three Main Types of Manufacturers When seeking a manufacturing partner, it’s vital to familiarize yourself with the different types of manufacturers available. This understanding will help you choose a partner that best aligns with your business’s needs and goals. Here are three common types of manufacturers: Contract Manufacturers: These are third-party entities that take over the entire production process on behalf of a company. They’re often utilized to reduce costs or when the hiring company lacks the necessary facilities or expertise. The services provided by contract manufacturers can vary widely but generally encompass all aspects of production, from initial design and prototyping to the final packaging and distribution of the product. They offer significant benefits in terms of scalability and cost-efficiency but require careful oversight to ensure product quality and consistency. Private Label Manufacturers: Private label manufacturers are specialists in creating products that are then sold under different brand names. These manufacturers typically produce a wide variety of items, which are customized to meet the hiring company’s specific branding requirements. For example, a supermarket might hire a private label manufacturer to produce its store-brand cereal, similar to other cereals but sold under the store’s brand. These manufacturers offer the opportunity for businesses to develop their unique brand presence, even if they do not have the capacity to produce the products themselves. Original Equipment Manufacturers (OEMs): These manufacturers produce parts, components, or entire products based on specific design specifications provided by the hiring company. The OEM products are usually integrated into larger systems or assemblies. For example, a computer company might hire an OEM to produce specific parts like hard drives or processors. OEMs are instrumental for companies looking to focus on product development and innovation while outsourcing the production of certain components. This partnership can significantly reduce production time and allow businesses to use the OEM’s manufacturing expertise. Each of these manufacturing types serves a unique role in the production process and offers distinct advantages. The best choice depends on a company’s needs, capabilities, and strategic goals. Navigating the World of Overseas Manufacturers Navigating the world of overseas manufacturing can be challenging but offers numerous benefits. Here are two key topics to consider: Pros and Cons of Overseas Manufacturing Overseas factories can offer lower costs and access to specialized expertise but come with potential communication and logistics challenges. How to Find Reliable Overseas Manufacturers To find reliable overseas manufacturers, use sourcing platforms, attend international trade shows, and work with a trading company to ensure quality and reliability. Working with a Trading Company: An Alternative Option Working with a trading company can be a viable option for those who want to start a business without investing too much capital. By partnering with a trading company, entrepreneurs can leverage their existing network and expertise to source and sell products. Trading companies can also provide access to international markets and handle logistics, which can save time and money. However, it is important to research and choose a reputable trading company to avoid potential risks. Sustainable and Ethical Manufacturing Eco-friendly Manufacturing Practices In today’s environmentally conscious world, aligning with manufacturers who prioritize sustainability is not just a moral choice but a business imperative. Eco-friendly manufacturing involves practices that minimize environmental impact through reduced emissions, energy-efficient processes, and sustainable sourcing of materials. When searching for a manufacturer, it’s essential to inquire about their sustainability initiatives, such as waste reduction measures, use of renewable energy sources, and adherence to environmental standards like ISO 14001. Ethical Labor Practices The ethical dimension of manufacturing cannot be overstated. It’s crucial to partner with manufacturers who ensure fair labor practices, safe working conditions, and respect for workers’ rights. This commitment should align with international labor standards, including fair wages, reasonable working hours, and a strict prohibition against child labor. Ensuring your manufacturing partner upholds these ethical standards not only reflects well on your brand but also contributes to social responsibility. Building Strong Supplier Relationships Communication and Collaboration The foundation of a successful manufacturing partnership lies in effective communication and collaboration. Regular, transparent communication channels should be established to discuss project updates, troubleshoot problems, and share feedback. Encouraging an open dialogue fosters a sense of partnership, where both parties work towards common goals. Collaborative efforts might include joint problem-solving sessions, shared training programs, and mutual development projects. Conflict Resolution Strategies Conflict in any business relationship is inevitable. The key to a long-lasting partnership is not avoiding conflict but managing it constructively. Developing clear conflict resolution strategies, such as setting up a conflict resolution committee or agreeing on a third-party mediation process, can help navigate through disagreements. It’s important to approach conflicts with a problem-solving attitude, focusing on the issue rather than personal differences. Legal Aspects of Manufacturing Partnerships Contracts and Agreements Legal documentation is a critical aspect of any manufacturing partnership. Contracts should clearly outline terms and conditions, including production timelines, quality standards, pricing, and intellectual property rights. These agreements protect both parties’ interests and provide a legal framework for the relationship. It’s advisable to involve legal counsel in drafting and reviewing these documents to ensure they are comprehensive and enforceable. Navigating International Trade Laws For businesses sourcing manufacturers overseas, understanding and complying with international trade laws is vital. This includes being aware of import/export regulations, customs duties, and taxes. Staying informed about trade agreements and tariffs affecting your industry can also impact your manufacturing strategy. It’s often beneficial to consult with trade experts or legal advisors specializing in international business to navigate these complexities effectively. Conclusion: How to Find a Manufacturer Key Takeaways In conclusion, finding the right manufacturing partner requires a strategic approach that includes evaluating your specific needs, gaining insight into the global manufacturing landscape, emphasizing sustainability and ethics, utilizing technology, and building strong relationships. The legal and logistical aspects also play a significant role in ensuring a fruitful partnership. Future Outlook The future of manufacturing partnerships will likely be shaped by technological advancements, increased focus on sustainability, and evolving global trade dynamics. Staying adaptable, informed, and proactive in these areas will be crucial for businesses to thrive in the changing landscape of manufacturing. Remember, the success of your product in the market is intrinsically linked to the quality and reliability of your manufacturing partner. Therefore, investing time and resources in finding and nurturing the right manufacturing partnership is not just beneficial but essential for your business’s long-term success. FAQs: How to Find a Manufacturer What Are the Key Factors to Consider When Choosing a Manufacturer? When selecting a manufacturer, it’s essential to consider factors such as their production capacity, lead times, quality control processes, and certifications. Evaluating their location, transportation costs, and communication channels are also important. Additionally, assessing their responsiveness, flexibility, and willingness to work with you on customized solutions can help ensure a successful partnership. How Can I Ensure My Intellectual Property Is Protected When Working with a Manufacturer? To safeguard your intellectual property, it’s crucial to use non-disclosure agreements (NDAs) and have clear ownership agreements in place. Conducting thorough background checks and regular audits of your manufacturer’s processes can also help ensure that they comply with legal and ethical standards. Choosing a manufacturer with a proven track record of protecting intellectual property and implementing strict security measures is also advisable. How Do I Negotiate Pricing and Payment Terms with a Manufacturer? When negotiating with a manufacturer, it’s important to have a clear understanding of your budget and timeline. Researching market prices and comparable offers can also help ensure fair pricing. Establishing open communication channels, outlining payment terms and schedules, and seeking multiple quotes can also aid in the negotiation process. What Are the Red Flags to Watch Out for When Evaluating Manufacturers? Some warning signs to look out for when assessing manufacturers include a lack of transparency, inadequate quality control measures, limited production capacity, and a history of legal or ethical violations. Failure to provide references, delays in communication or response times, and a lack of interest in customized solutions may also indicate potential problems. How Can I Maintain a Strong Relationship with My Manufacturer to Ensure Long-Term Success? To foster a positive and productive relationship with your manufacturer, it’s crucial to maintain open communication and provide regular feedback. Offering incentives, such as long-term contracts or volume discounts, can also help encourage a commitment to quality and reliability. Additionally, investing in relationship-building activities, such as visits to their facilities or attending industry events, can help solidify the partnership. How Can I Learn More About a Particular Manufacturing Process? To gain a deeper understanding of a specific manufacturing process, conducting online research, reading industry publications, and attending conferences or seminars can be helpful. Collaborating with experts in the field or seeking advice from industry associations can also provide valuable insights. Additionally, visiting manufacturing facilities or engaging in hands-on training can help you better understand the process. Image: Envato Elements This article, "How to Find a Manufacturer to Partner with for Your Business" was first published on Small Business Trends View the full article

Knowing how to find a manufacturer is crucial in turning your innovative idea into a profitable product. This comprehensive guide explores different methods for doing just that: Locating the perfect manufacturing partner. With the right strategy and our helpful tips, you can effectively identify a manufacturer that not only meets your specific needs but also enables you to bring your product idea to market. How to Find a Manufacturer: A Step-by-Step Process Finding the right manufacturing partner requires a step-by-step process. Here are three key steps to follow: Researching Potential Manufacturers When searching for manufacturers, utilizing online resources such as industry-specific directories and forums can provide a wealth of information. Networking with industry professionals or attending trade shows can also offer opportunities to connect with potential partners and learn more about their capabilities. Once you have compiled a list of potential manufacturers, it’s important to conduct further research to evaluate their experience, reputation, and compatibility with your needs. Shortlisting Manufacturers Based on Your Needs Narrow down your list of potential manufacturers by considering factors such as their location, experience, and production capabilities. Focus on those that align with your specific needs, such as production volume or customization requirements. This will help you select the best manufacturer for your project and streamline the evaluation process. Vetting Manufacturers for Quality and Reliability Before selecting a manufacturer, it’s crucial to vet them thoroughly to ensure they meet your quality and reliability standards. Review their reputation and customer reviews, request and review product samples, check references, and schedule a visit to their facilities. These steps can help you make an informed decision and choose a manufacturer that meets your needs. By following this systematic approach, you can ensure you choose a manufacturing partner that fits your needs and has the capacity and reliability to deliver a high-quality product consistently. Here are the steps in table form for quick reference: Step NumberProcessDescription 1Researching Potential ManufacturersStart by utilizing online resources such as industry-specific directories, forums, and social media networks. These platforms can provide valuable information on manufacturers in your product's niche. Networking with industry professionals, attending trade shows, or utilizing professional sourcing services can also provide additional opportunities to identify potential partners. Once you have compiled a list of potential manufacturers, it's important to dive deeper into their business histories, their reputation in the industry, and their overall compatibility with your business needs. 2Shortlisting Manufacturers Based on Your NeedsAfter thorough research, it's time to narrow down your list of potential manufacturers. Factors to consider in this process include their location, their experience in your specific industry, their production capabilities, and their ability to meet your specific needs in terms of production volume, customization requirements, and other factors. Careful evaluation based on these criteria can help you focus your search on the manufacturers that are the best fit for your project. 3Vetting Manufacturers for Quality and ReliabilityOnce you have a shortlist of potential manufacturing partners, it's time to thoroughly vet them for quality and reliability. This may involve reviewing their online reputation and customer reviews, requesting and evaluating product samples, checking references, and possibly even scheduling a visit to their facilities. These actions can provide invaluable insight into the manufacturer's operations and their ability to deliver a product that meets your standards. Understanding the Importance of Manufacturing Partners Small businesses, especially those involved in the production of physical goods, need to fully comprehend the importance of manufacturing partners in their operations. These partnerships can determine a business’s success, as they greatly impact the overall quality, cost, and efficiency of production processes. One of the primary roles a manufacturing partner plays is providing quality control over raw materials. By sourcing and verifying the quality of raw materials, they ensure that the final product meets or exceeds industry standards and customer expectations. This helps avoid potential problems associated with poor quality or failure to comply with regulations, which could damage the business’s reputation or result in penalties and returns. Another important factor that a manufacturing partner can assist with is managing production costs. The ideal partner leverages their knowledge, expertise, and network to identify cost-effective solutions while maintaining high-quality standards. This may include finding more cost-effective raw materials, adopting more efficient manufacturing techniques, or discovering methods to minimize waste. By taking these steps, the manufacturer can enhance the business’s profit margins, enabling either more competitive pricing or greater overall profitability. Efficiency in production is also an essential benefit provided by manufacturing partners. They possess the expertise and resources to optimize production processes, ensuring that products are manufactured and delivered within the stipulated timelines. Efficiency not only reduces costs by eliminating wasted time and resources but also ensures that the business can meet demand, prevent stockouts, and deliver excellent customer service. However, all these benefits can only be realized if a small business has a reliable manufacturing partner. Without this reliability, there is a risk of inconsistent product quality, unexpected cost overruns, or disrupted production schedules. Such issues can severely impact the profitability of a small business, damage its reputation, and even risk its very survival. For a visual enhancement to this article, the video ‘How To Find A Good And Reliable Manufacturer Or Supplier For Your Product Idea’ serves as a useful resource. This guide simplifies the supplier sourcing process, providing additional insight on research, negotiation strategies, and key questions to ask, offering a more interactive way to grasp these crucial concepts. Let’s explore the different types of manufacturers next. Three Main Types of Manufacturers When seeking a manufacturing partner, it’s vital to familiarize yourself with the different types of manufacturers available. This understanding will help you choose a partner that best aligns with your business’s needs and goals. Here are three common types of manufacturers: Contract Manufacturers: These are third-party entities that take over the entire production process on behalf of a company. They’re often utilized to reduce costs or when the hiring company lacks the necessary facilities or expertise. The services provided by contract manufacturers can vary widely but generally encompass all aspects of production, from initial design and prototyping to the final packaging and distribution of the product. They offer significant benefits in terms of scalability and cost-efficiency but require careful oversight to ensure product quality and consistency. Private Label Manufacturers: Private label manufacturers are specialists in creating products that are then sold under different brand names. These manufacturers typically produce a wide variety of items, which are customized to meet the hiring company’s specific branding requirements. For example, a supermarket might hire a private label manufacturer to produce its store-brand cereal, similar to other cereals but sold under the store’s brand. These manufacturers offer the opportunity for businesses to develop their unique brand presence, even if they do not have the capacity to produce the products themselves. Original Equipment Manufacturers (OEMs): These manufacturers produce parts, components, or entire products based on specific design specifications provided by the hiring company. The OEM products are usually integrated into larger systems or assemblies. For example, a computer company might hire an OEM to produce specific parts like hard drives or processors. OEMs are instrumental for companies looking to focus on product development and innovation while outsourcing the production of certain components. This partnership can significantly reduce production time and allow businesses to use the OEM’s manufacturing expertise. Each of these manufacturing types serves a unique role in the production process and offers distinct advantages. The best choice depends on a company’s needs, capabilities, and strategic goals. Navigating the World of Overseas Manufacturers Navigating the world of overseas manufacturing can be challenging but offers numerous benefits. Here are two key topics to consider: Pros and Cons of Overseas Manufacturing Overseas factories can offer lower costs and access to specialized expertise but come with potential communication and logistics challenges. How to Find Reliable Overseas Manufacturers To find reliable overseas manufacturers, use sourcing platforms, attend international trade shows, and work with a trading company to ensure quality and reliability. Working with a Trading Company: An Alternative Option Working with a trading company can be a viable option for those who want to start a business without investing too much capital. By partnering with a trading company, entrepreneurs can leverage their existing network and expertise to source and sell products. Trading companies can also provide access to international markets and handle logistics, which can save time and money. However, it is important to research and choose a reputable trading company to avoid potential risks. Sustainable and Ethical Manufacturing Eco-friendly Manufacturing Practices In today’s environmentally conscious world, aligning with manufacturers who prioritize sustainability is not just a moral choice but a business imperative. Eco-friendly manufacturing involves practices that minimize environmental impact through reduced emissions, energy-efficient processes, and sustainable sourcing of materials. When searching for a manufacturer, it’s essential to inquire about their sustainability initiatives, such as waste reduction measures, use of renewable energy sources, and adherence to environmental standards like ISO 14001. Ethical Labor Practices The ethical dimension of manufacturing cannot be overstated. It’s crucial to partner with manufacturers who ensure fair labor practices, safe working conditions, and respect for workers’ rights. This commitment should align with international labor standards, including fair wages, reasonable working hours, and a strict prohibition against child labor. Ensuring your manufacturing partner upholds these ethical standards not only reflects well on your brand but also contributes to social responsibility. Building Strong Supplier Relationships Communication and Collaboration The foundation of a successful manufacturing partnership lies in effective communication and collaboration. Regular, transparent communication channels should be established to discuss project updates, troubleshoot problems, and share feedback. Encouraging an open dialogue fosters a sense of partnership, where both parties work towards common goals. Collaborative efforts might include joint problem-solving sessions, shared training programs, and mutual development projects. Conflict Resolution Strategies Conflict in any business relationship is inevitable. The key to a long-lasting partnership is not avoiding conflict but managing it constructively. Developing clear conflict resolution strategies, such as setting up a conflict resolution committee or agreeing on a third-party mediation process, can help navigate through disagreements. It’s important to approach conflicts with a problem-solving attitude, focusing on the issue rather than personal differences. Legal Aspects of Manufacturing Partnerships Contracts and Agreements Legal documentation is a critical aspect of any manufacturing partnership. Contracts should clearly outline terms and conditions, including production timelines, quality standards, pricing, and intellectual property rights. These agreements protect both parties’ interests and provide a legal framework for the relationship. It’s advisable to involve legal counsel in drafting and reviewing these documents to ensure they are comprehensive and enforceable. Navigating International Trade Laws For businesses sourcing manufacturers overseas, understanding and complying with international trade laws is vital. This includes being aware of import/export regulations, customs duties, and taxes. Staying informed about trade agreements and tariffs affecting your industry can also impact your manufacturing strategy. It’s often beneficial to consult with trade experts or legal advisors specializing in international business to navigate these complexities effectively. Conclusion: How to Find a Manufacturer Key Takeaways In conclusion, finding the right manufacturing partner requires a strategic approach that includes evaluating your specific needs, gaining insight into the global manufacturing landscape, emphasizing sustainability and ethics, utilizing technology, and building strong relationships. The legal and logistical aspects also play a significant role in ensuring a fruitful partnership. Future Outlook The future of manufacturing partnerships will likely be shaped by technological advancements, increased focus on sustainability, and evolving global trade dynamics. Staying adaptable, informed, and proactive in these areas will be crucial for businesses to thrive in the changing landscape of manufacturing. Remember, the success of your product in the market is intrinsically linked to the quality and reliability of your manufacturing partner. Therefore, investing time and resources in finding and nurturing the right manufacturing partnership is not just beneficial but essential for your business’s long-term success. FAQs: How to Find a Manufacturer What Are the Key Factors to Consider When Choosing a Manufacturer? When selecting a manufacturer, it’s essential to consider factors such as their production capacity, lead times, quality control processes, and certifications. Evaluating their location, transportation costs, and communication channels are also important. Additionally, assessing their responsiveness, flexibility, and willingness to work with you on customized solutions can help ensure a successful partnership. How Can I Ensure My Intellectual Property Is Protected When Working with a Manufacturer? To safeguard your intellectual property, it’s crucial to use non-disclosure agreements (NDAs) and have clear ownership agreements in place. Conducting thorough background checks and regular audits of your manufacturer’s processes can also help ensure that they comply with legal and ethical standards. Choosing a manufacturer with a proven track record of protecting intellectual property and implementing strict security measures is also advisable. How Do I Negotiate Pricing and Payment Terms with a Manufacturer? When negotiating with a manufacturer, it’s important to have a clear understanding of your budget and timeline. Researching market prices and comparable offers can also help ensure fair pricing. Establishing open communication channels, outlining payment terms and schedules, and seeking multiple quotes can also aid in the negotiation process. What Are the Red Flags to Watch Out for When Evaluating Manufacturers? Some warning signs to look out for when assessing manufacturers include a lack of transparency, inadequate quality control measures, limited production capacity, and a history of legal or ethical violations. Failure to provide references, delays in communication or response times, and a lack of interest in customized solutions may also indicate potential problems. How Can I Maintain a Strong Relationship with My Manufacturer to Ensure Long-Term Success? To foster a positive and productive relationship with your manufacturer, it’s crucial to maintain open communication and provide regular feedback. Offering incentives, such as long-term contracts or volume discounts, can also help encourage a commitment to quality and reliability. Additionally, investing in relationship-building activities, such as visits to their facilities or attending industry events, can help solidify the partnership. How Can I Learn More About a Particular Manufacturing Process? To gain a deeper understanding of a specific manufacturing process, conducting online research, reading industry publications, and attending conferences or seminars can be helpful. Collaborating with experts in the field or seeking advice from industry associations can also provide valuable insights. Additionally, visiting manufacturing facilities or engaging in hands-on training can help you better understand the process. Image: Envato Elements This article, "How to Find a Manufacturer to Partner with for Your Business" was first published on Small Business Trends View the full article

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We may earn a commission from links on this page. The tendency in movie runtimes seems to be trending toward length, and even if the data doesn’t really bear this out, recent, super-long installments in big box office franchises at least mean the bloat feels real. For some reason these wildly popular series feel the need to justify their existence by lashing us to our seats for well over two hours, when many of us might have happily paid the same price for a flick that would give us the hope of ever getting home to see our dogs again. Still, a movie’s quality isn’t determined by its length, and most of us are watching these things at home anyway. Some stories are just more effective when they take their time—either because they have so much to say and do that nothing feels wasted, or because it allows them the freedom to luxuriate in setting a mood and building a compelling world filled with interesting characters. As the critic Roger Ebert once said, no good movie is too long, and no bad movie is short enough. An interesting case here is the 1984 classic Amadeus: There are plenty of stories of studios butchering films only to have a director step in later with fixes. This might be a case of the opposite, at least to many critics: the film was released at around 161 minutes, only for Miloš Forman to create a director's cut in 2002 adding back in an additional 20 minutes or so. There's a lot of debate about the value of the extra bits (I've only ever seen the shorter version), but rough consensus is that the shorter, tighter theatrical version is superior. For a couple of decades now, the longer Amadeus is the only one that's been readily available, which is about to change as the original theatrical cut has been subject to a restoration and a forthcoming release. So here are 35 good (or great) movies, all of which run to nearly three hours (or much longer), all of which also justify their runtimes by generally making every second worth the sit. Amadeus (1984)Running time: 2 hours and 52 minutes (director's cut) or 2 hours and 31 minutes (theatrical cut) Why it’s worth your time: The late, great Miloš Forman directs this unconventional biopic of musical genius Wolfgang Amadeus Mozart, adapting the play by Peter Shaffer, who also wrote the screenplay (they both won Oscars for it, as did lead F. Murray Abraham). Unlike the typical plodding biography, Amadeus tells its story not through the eyes and experiences of Mozart (Tom Hulce) himself, but those of his archnemesis, Antonio Salieri (Abraham), a composer doomed to exist forever in the shadow of the greater talent. The result is an epic, bitchy meditation on relative mediocrity—Salieri is good, maybe even great, but struggles to achieve a portion of what seems to come to Mozart without effort. It’s got all of the gorgeous period trappings you’d expect, while also telling a deep, juicy story about the price of (understandable) jealousy. You can rent Amadeus (Director's Cut) from Prime Video. Amadeus (1984) at Prime Video Learn More Learn More at Prime Video The Brutalist (2024) The Oscars gave a big boost to the limited-release period drama from director Brady Corbet. Adrien Brody stars as Hungarian-Jewish Holocaust survivor László Tóth, a Bauhaus-trained architect who struggles over the course of decades to achieve anything resembling the American dream. The American immigrant experience frequently provides a rich tapestry against which to create an epic film; it's a topic we'll return to in this list. You can buy The Brutalist from Prime Video. The Brutalist (2024) at Prime Video Learn More Learn More at Prime Video Wicked (2024)Running time: 2 hours and 40 minutes I was skeptical, to say the least, when I learned that the adaptation of the musical (itself based on the Gregory Maguire book) would be split into two films, the first one alone running nearly the length of the entire stage show. I needn't have worried. Director Jon M. Chu has been on a bit of a roll since 2018's Crazy Rich Asians, and Wicked sees him at the height of his powers. It's a wonderfully old-school musical extravaganza, and by "old school" I mean that it's almost entirely free of the cynicism and self-consciousness that have grown so tiresome in other big-budget movies—no one makes awkward jokes about how wacky it is that they're singing. Cynthia Erivo and Ariana Grande sell every note while hitting all the right emotional beats, as well. Here's hoping that the sequel sticks the landing. You can buy Wicked from Prime Video. Wicked (2024) at Prime Video Learn More Learn More at Prime Video Schindler's List (1993)Running time: 3 hours 15 minutes Steven Spielberg's most beautifully photographed film is also his most devastating, exploring the brutality of the Holocaust from the perspective of the real-life Oskar Schindler (Liam Neeson). The German industrialist saved the lives of over a thousand Polish–Jewish refugees in his factories during World War II, but not out of a sense of innate heroism: His actions, as the movie makes clear, were born of compromise—a desire to do some little thing to help that grew in heroism and righteousness. Rather than wallow in the horrors, the movie explores the cost and the power of saving even a single life, and that bit of hopefulness propels it through its runtime. You can stream Schindler's List on Netflix or rent it from Prime Video. Schindler's List (1993) at Netflix Learn More Learn More at Netflix Interstellar (2014)Running time: 2 hours and 49 minutes Why it’s worth your time: While mileage may vary when it comes to the film's more metaphysical final act, everything that leads up to it is an uncommonly smart space spectacle—one that works very hard to get the science right without sacrificing the emotional beats. From a blighted Earth of the near future, a group of astronauts set out to explore a wormhole discovered near Saturn with hope of finding a new home for humanity. Blending human drama and existential dread with some truly breathtaking cinematography, Christopher Nolan's film explores outer space with scientific rigor while ultimately telling a story about human hearts. You can stream Interstellar on Paramount+ and Netflix or rent it from Prime Video. Interstellar (2014) at Paramount+ Learn More Learn More at Paramount+ Once Upon a Time in America (1984) Running time: 3 hours and 49 minutes After a string of genre-defining spaghetti westerns, Italian director Sergio Leone capped his career with one helluva swan song: among the most epic crime films ever made, and one of the most searing and astute films about the promise and peril of America. The movie depicts the lives of best friends David "Noodles" Aaronson (Robert De Niro) and Maximilian "Max" Bercovicz (James Woods) as they become power plays in the world of New York City organized crime. Unlike, say, The Godfather, Leone has no rose-colored glasses when it comes to the trials of the immigrant experience, nor of the violence and horrifying misogyny of the criminal underworld. For all of that, it's so skillfully and mesmerizingly made that it's impossible to look away. The movie was shockingly mistreated on its initial release, such that efforts to restore missing scenes are still underway. Nevertheless, the restored 229-minute version currently commonly available is a massive improvement over the approximately two-hour version originally released in U.S. theaters. You can stream Once Upon a Time in America on Prime Video. Once Upon a Time in America (1984) at Prime Video Learn More Learn More at Prime Video Boyhood (2014)Running time: 2 hours and 45 minutes Why it’s worth your time: It might have come across as a gimmick, but Richard Linklater (Dazed and Confused, School of Rock, Before Sunrise) is far too good and consistent a filmmaker to fall into that trap. By design, this coming-of-age story was produced over the course of 12 years, filming year by year in order to capture the growth and changes in the lead characters, particularly the titular boy-to-man, Mason Evans Jr., played by Ellar Coltrane. It won overwhelming praise for its extraordinary sense of realism and emotional power, with great performances all around. You can stream Boyhood on The Criterion Channel. Boyhood (2014) at The Criterion Channel Learn More Learn More at The Criterion Channel Scenes from a Marriage (1973)Running time: 2 hours and 47 minutes Why it’s worth your time: First of all, bear in mind that the running time listed above is for the short version. There’s a much longer cut that I’d recommend, generally (it’s the only one I’ve seen), but perhaps isn’t for everyone. Director Ingmar Bergman is joined by Liv Ullmann and Erland Josephson (two of the most impressive modern film actors) to create this fascinating portrait of a disintegrating marriage. It’s not a soap opera, and not a movie of screaming fights and thrown ashtrays, but instead a story of two people who haven’t fallen out of love, precisely, but who definitely no longer know how to live with each other. As beautiful as it is brutal, its realism and believability is such that it often feels like we’re peeking around a corner, seeing something that we ought not be seeing. Director and actors returned to these characters 30 years later for Saraband, a poignant epilogue and Bergman’s final film. You can stream Scenes from a Marriage on The Criterion Channel and Max. Scenes from a Marriage (1973) at Max Learn More Learn More at Max Hoop Dreams (1994)Running time: 2 hours and 50 minutes Why it’s worth your time: This documentary, about two Black teenagers (William Gates and Arthur Agee) recruited for a predominantly white high school’s basketball program, is every bit as fascinating and relevant today as it was back in 1994, in ways both inspiring and depressing. Their stories of their lives, told over the course of six years, are fascinating and engaging, though they speak to much larger issues: These teenagers see success in professional basketball as their only way out and up in the America they inhabit—that vanishingly small chance of success still representing their best hopes. Through Gates and Agee, documentarian Steve James explores daily life beyond media depictions of “the ghetto” as merely a place for white people to avoid, as well as the grift that’s at the heart of anyone promising the American dream. You can stream Hoop Dreams on Max and The Criterion Channel or rent it from Prime Video. Hoop Dreams (1994) at Max Learn More Learn More at Max The Best Years of Our Lives (1946)Running time: 2 hours and 50 minutes Why it’s worth your time: Released just a year after the conclusion of World War II, this William Wyler drama tells the stories of three United States servicemen readjusting to civilian life following harrowing tours overseas. Al left home as a successful bank employee, but risks his post-wartime promotion with excessive drinking and a soft touch when it comes to giving loans to fellow vets; Fred suffers from PTSD and has trouble finding a job; Homer lost both hands and struggles with being an object of pity. Given the era and the timing, it's almost shockingly prescient in its depiction of the struggles that veterans would face following not just WWII, but each war that would follow (and probably all preceding, though no one ever talked about it). The film always pulls back from melodrama in favor of sobering realism. You can stream The Best Years of Our Lives on Peacock and Prime Video. The Best Years of Our Lives (1946) at Peacock Learn More Learn More at Peacock The Sound of Music (1965)Running time: 2 hours and 54 minutes Why it’s worth your time: Julie Andrews and Christopher Plummer star in this popular musical with gorgeous scenery and some of the most sing-along-able songs in musical history. It's all delightful, until the encroaching shadow of Naziism threatens the budding, unlikely romance between a novitiate nun and a stern, wealthy former naval officer. Its blend of big-screen style and at least a little bit of substance have made it one of our most beloved musicals for decades. You can stream The Sound of Music on Disney+ and Hulu or rent it from Prime Video. The Sound of Music (1965) at Disney+ Learn More Learn More at Disney+ Da 5 Bloods (2020)Running time: 2 hours and 56 minutes Why it’s worth your time: Wildly kinetic, Da 5 Bloods doesn’t feel nearly as long as its runtime. Revisiting the Vietnam War film genre with an insistent focus on the (often ignored) experience of Black Americans, Spike Lee brings new relevance to stories from the period by drawing some stark and straight lines between then and now with the story of four veterans who return to Vietnam in search of the remains of their fallen squad leader—and the gold he helped them hide. Every actor in it is incredible, including Chadwick Boseman in one of his final roles. You can stream Da 5 Bloods on Netflix. Da 5 Bloods (2020) at Netflix Learn More Learn More at Netflix A Touch of Zen (1971)Running time: 3 hours Why it’s worth your time: The wellspring of nearly all modern wuxia filmmaking (think Crouching Tiger, Hidden Dragon), A Touch of Zen is a gorgeous widescreen martial arts epic, worth watching for the cinematography alone, though the fight choreography is equally thrilling. It’s the story of a noblewoman-turned-fugitive who seeks refuge in a remote village and winds up using stories of the location’s rumored hauntings as a weapon against her pursuers. It has big ideas on its mind, as well: Yang, the fugitive, struggles with issues of social order versus corruption, as well as ideas of traditional womanhood that defy her role as a warrior. You can stream A Touch of Zen on The Criterion Channel or rent it from Prime Video. A Touch of Zen (1971) at Prime Video Learn More Learn More at Prime Video Oppenheimer (2023)Running time: 3 hours Why it’s worth your time: This Best Picture Oscar winner follows brilliant, conflicted Cillian Murphy as the titular theoretical physicist, who helped America to develop the world's first nuclear weapons during World War II. Amid a talky screenplay peppered with occasional bravura effects sequences, writer/director Christopher Nolan never loses sight of his complicated lead, nor of the muddy, ugly morality behind Oppenheimer's work. You can stream Oppenheimer on Prime Video. Oppenheimer (2023) at Prime Video Learn More Learn More at Prime Video Inland Empire (2006)Running time: 3 hours Why it’s worth your time: Look: Inland Empire is not for everyone. It's possibly the most purely Lynchian of any film in the director's oeuvre, and that's either a massive selling point, or a reason to stay far away. I love it, but I also have no idea what it's about. I'm not sure anyone does, but Laura Dern gives a brilliant, shattering performance as a Hollywood actress whose life descends into utter madness, and that's worth taking in all on its own. You'll feel as though you're walking through a nightmare with her, in ways both draining and thrilling. You can stream Inland Empire on Max and The Criterion Channel or rent it from Prime Video. Inland Empire (2006) at Max Learn More Learn More at Max Avengers: Endgame (2019)Running time: 3 hours and 1 minute Why it’s worth your time: It probably requires at least a passing familiarity with the 20+ films that preceded it—I doubt that this would have nearly the power it does for someone who hadn’t seen a key handful of them—but there is power here, at least in terms of cinematic spectacle. For all of our sequel-obsessed movie culture, no one else has ever made it to this point, to be able to offer an effective summing up of a series that’s been so successful over so many films. The whole “time heist” bit allows a clever way to revisit scenes from the past, while the climactic action set piece is one for the ages. The movie even manages to end, once the fighting’s done, on a several impressively emotional notes. It’s not a jumping-on point, really, but it’s a satisfying climax— even if as a conclusion, it’s really more of a pause. You can stream Avengers: Endgame on Disney+ or rent it from Prime Video. Avengers: Endgame (2019) at Disney+ Learn More Learn More at Disney+ Seven Samurai (1954)Running time: 3 hours and 2 minutes Why it’s worth your time: So much springs from Akira Kurosawas’s Seven Samurai: it was remade in Hollywood as The Magnificent Seven, and thus became the template for a certain type of “team is assembled/goes on mission” style of movie (other versions include A Bug's Life). It’s been a tremendous inspiration to George Lucas, Quentin Tarantino, and even Zack Snyder. The coming together of a band of misfits and outsiders, theretofore virtually unheard of in Japanese filmmaking, is also an element that’s frequently referenced. Samurai’s length (it’s the longest film of Kurosawa’s career) is justified by its performances, as well as by writer/director Kurosawa himself: He’s best known in the west for his samurai movies, but his filmography encompasses quiet, meditative character dramas as well, and so he brings sharp characterization alongside the action. And yes, it's long, but you should see it on the big screen (TV or otherwise) if you can—it was restored in 4K in 2024. You can stream Seven Samurai on Max and The Criterion Channel or rent it from Prime Video. Seven Samurai (1954) at Max Learn More Learn More at Max RRR (2022)Running time: 3 hours and 7 minutes Why it’s worth your time: Action movies should almost certainly not be as long as RRR, but unlike many examples of American blockbuster, there is not one single dull moment in this Tollywood epic. Likewise, a historical drama that touches on the national trauma brought on by the British Raj and depicting two real-life revolutionaries who died as martyrs to the cause of independence shouldn’t be this much fun, but somehow the context only makes it more satisfying. Find me a more thrilling moment in the movies than the bit where a truck full of wild animals is forcefully unleashed upon a sedate gathering at a British politician’s estate. You can stream RRR on Netflix. RRR (2022) at Netflix Learn More Learn More at Netflix The Leopard (1963)Running time: 3 hours and 5 minutes Why it’s worth your time: The Leopard is absolutely gorgeous, no question. Probably one of the most beautifully directed and photographed films in history—which still wouldn’t be enough to justify its length if it wasn’t also dramatically compelling. But that it is, and it’s also challenging: It’s a portrait of an oppressive way of life among the extraordinarily wealthy Sicilian aristocracy of the 19th century as they have their last big fling, whether they knew it or not. Built on the backs of the poor and working class, their lifestyle deserves to die out (if only), and witness to it all is Burt Lancaster’s Don Fabrizio Corbera, a generally good man of his time whose gaze turns the display of excess into something almost funereal. Director Luchino Visconti was a Marxist who had no love for the aristocracy, so the fact that he’s willing to present a sympathetic portrait of a social class on the verge of extinction (in that time and place, anyway) provides enough tension to keep you glued to the couch. There are a few different versions, but the director's preferred version runs at 185 minutes, and that's mostly the one you'll find streaming. You can rent The Leopard from Prime Video. The Leopard (1963) at Prime Video Learn More Learn More at Prime Video Magnolia (1999)Running time: 3 hours and 8 minutes Why it’s worth your time: It’s been joked that Paul Thomas Anderson’s films aren’t long because the stories call for it, but because they need more editing. That’s unfair, particularly here, in a film that is certainly meandering by design: Full of stories of love and loss intersecting, often by coincidence, the film’s core thesis has to do with the cycles of abuse that we’re locked into as children—but explores that idea in ways that are frequently funny and surprising. Like the Aimee Mann song sung by all the characters at the impressive, infamous, amphibious climax, it’s all about the hurt we’ll keep inflicting on ourselves if we refuse to wise up. You can rent Magnolia from Prime Video. Magnolia (1999) at Prime Video Learn More Learn More at Prime Video Fanny and Alexander (1982)Running time: 3 hours and 8 minutes Originally conceived as a television miniseries, the three-hour+ theatrical version of Ingmar Bergman's later-career triumph actually represents something like a director's cut; the full version is more than five hours. Fanny and Alexander stars Pernilla Allwin and Bertil Guve as the young siblings of the title, living happily with their theater-people parents. Then, their father dies and their mother remarries a joyless jerk of a bishop. Intended to be the director's swan song, the autobiographical story feels like a summation of Bergman's career, exploring many of the very heavy themes that he'd tackled earlier, but with a greater sense of perspective, and even a little whimsy. You can stream Fanny and Alexander on Max and The Criterion Channel or rent it from Prime Video. Fanny and Alexander (1982) at Max Learn More Learn More at Max Judgment at Nuremberg (1961)Running time: 3 hours and 10 minutes Why it’s worth your time: Spencer Tracy leads an all-star cast (Burt Lancaster, Marlene Dietrich, Judy Garland, William Shatner, and Montgomery Clift, among others) in this genuinely gripping legal drama depicting a fictionalized version of one of the 12 Nuremberg Military Tribunals that determined the horrifying extent of Nazi war crimes following World War II. If the familiar faces in the cast can be a little distracting, it remains a sober, serious film that builds to a climax simultaneously moving and disturbing. Some 60 years later, it remains depressingly timely in its conviction that everyday, ordinary people are capable of monstrous behavior, given the right incentive. You can stream Judgment at Nuremberg on Tubi and MGM+ or rent it from Prime Video. Judgment at Nuremberg (1961) at Prime Video Learn More Learn More at Prime Video Titanic (1997)Running time: 3 hours and 14 minutes Why it’s worth your time: Say what you will about the occasionally clunky characterization and dialogue, James Cameron makes tremendous use of the lengthy running time here. By the time the iceberg appears onscreen, more than an hour in, Cameron and company have provided us a thorough tour of the ship without our even realizing it: We’ve poked our heads into the bridge, the engine rooms, parlors, staterooms of every class and decks on nearly every level—even gotten a thoroughly sweaty look at the cars in cargo. When the ship meets its destiny during the real-time sequence that takes up most of the rest of the movie, we’re nearly as familiar with it as we would be had we been onboard—which makes the action easier to follow, and the tragedy hit harder. You can stream Titanic on Hulu, Paramount+, and MGM+ or rent it from Prime Video. Titanic (1997) at Paramount+ Learn More Learn More at Paramount+ Spartacus (1960)Running time: 3 hours and 17 minutes Why it’s worth your time: Stanley Kubrick's first foray into epic-scale filmmaking feels like an outlier in his oeuvre, blending the director's stylistic trademarks with the elements that feel a little more traditionally Hollywood. It all works, especially given the subtext at play: Written by blacklisted writer Dalton Trumbo, the slave revolt depicted here draws strong parallels to America's communist witch hunts. (The insistence on the part of lead Kirk Douglas that Trumbo be given credit under his own name, rather than a pseudonym, helped put the blacklist—well, that particular blacklist—to bed once and for all.) What's on screen, then, is an uncommonly smart old-school action spectacle—sword-and-sandal action with plenty to say about modern American life and politics. You can rent Spartacus on Prime Video. Spartacus (1960) at Prime Video Learn More Learn More at Prime Video Malcolm X (1992)Running time: 3 hours and 20 minutes Why it’s worth your time: There’s an awful lot to tell when it comes to the life of Malcolm X, even given his murder—his story crosses continents and political eras, bringing various disparate elements of the Civil Rights Movement into its orbit. It’s hard to imagine any sort of comprehensive biopic not taking up a lot of time. There are standard beats to these types of movies, but Spike Lee is one of the most accomplished and significant directors in modern history, and so manages to sidestep the obvious choices and sameness that often plagues the “important biopic.” Likewise, Denzel Washington’s performance is uncanny and essential. You can stream Malcolm X on Max or rent it from Prime Video. Malcolm X (1992) at Max Learn More Learn More at Max The Lord of the Rings: The Return of the King (2003)Running time: 3 hours and 20 minutes Why it’s worth your time: It’s tempting to joke about those cascading faux-endings, but, in truth, this movie justifies its runtime—and that of the entire trilogy. It’s a crowning achievement in terms of spectacle and pure watchability, but also impressively emotional in the ways in which it brings various character arcs to often poignant conclusions. It didn’t win a (still unmatched) record number of Academy Awards, including Best Picture, for nothing. Honestly, when watching it I’ll always go for the extended version, which is an hour longer still, though that length is much easier to handle at home. You can stream Return of the King on Max or rent it from Prime Video. The Lord of the Rings: The Return of the King (2003) at Max Learn More Learn More at Max Jeanne Dielman, 23 quai du Commerce, 1080 Bruxelles (1975)Running time: 3 hours and 21 minutes Why it’s worth your time: Over three suffocating days (and three hours of runtime), single mother Jeanne Dielman (Delphine Seyrig) cooks, cleans, and engages in a bit of light but joyless sex work in order to pay the bills. Chantal Akerman’s weird and funny masterpiece crafts the drudgery of one woman’s daily life into an unconventional, uncompromising, and mesmerizing epic. Many critics at the time felt that there had never before been quite such an exploration of the feminine experience (not surprising given the dearth of women directors), and it inspired filmmakers of later decades to reconsider what a movie about women could achieve. (It's worth noting that a 2002 Sight and Sound critics poll of the best films ever made put this one right at the top.) You can stream Jeanne Dielman on Max and The Criterion Channel or rent it from Prime Video. Jeanne Dielman, 23 quai du Commerce, 1080 Bruxelles (1975) at Max Learn More Learn More at Max It’s a Mad, Mad, Mad, Mad World (1963)Running time: 3 hours and 22 minutes (in the “Roadshow” version) Why it’s worth your time: First of all: There are a couple of versions of Stanley Kramer’s zany road movie—the cut you’ll find most readily is the shorter 2 hour and 43 minute one, but viewers with exceptionally strong bladders might opt for the premiere-length 3 hour and 22 minute version (The Criterion Collection has it). Neither feels nearly so long, and that’s to the credit of the film’s light touch. Lead by Spencer Tracy and a huge cast of ‘60s-era stars, it’s about several different groups of motorists who get wind of $350,000 in cash buried in a park at the other end of the state, and set off on a race for the money. What makes it work as more than a setup for slapstick driving antics is the incredibly smart decision to have these beloved stars play universally terrible people who only get worse as various setbacks they encounter on the road serve to feed their greed; that shading adds some delicious schadenfreude to the silliness. You can stream It’s a Mad, Mad, Mad, Mad World on Tubi and Prime Video. It’s a Mad, Mad, Mad, Mad World (1963) at Prime Video Learn More Learn More at Prime Video The Godfather, Part II (1974)Running time: 3 hours and 22 minutes Why it’s worth your time: Each film in this series is on the long side, but Part II is the longest by quite a bit. Perhaps unusually, it’s also the best, justifying all those extra minutes with a subplot as compelling as the film’s primary thread: While Al Pacino’s Michael Corleone continues the long descent that concludes with a fatal kiss, we visit the origin of the Corleone family in America through Robert De Niro’s portrayal of young Vito Corleone. There’s hardly a moment here that isn’t thoroughly compelling. You can stream The Godfather II on Paramount+ or rent it from Prime Video. The Godfather, Part II (1974) at Paramount+ Learn More Learn More at Paramount+ Killers of the Flower Moon (2023)Running time: 3 hours and 28 minutes While there's no question that it would be nice had this story been told by Osage filmmakers, we could do a lot worse than to have Martin Scorsese behind the camera for an epic account of unspeakable greed in a specifically American vein. Lily Gladstone is transcendent as the real-life Mollie Burkhart, who finds herself at the center of the Osage Indian murders. when a blessing of oil discovered on tribal land turns to a nightmare. You can stream Killers of the Flower Moon on Apple TV+ or buy it from Prime Video. Killers of the Flower Moon (2023) at Apple TV+ Learn More Learn More at Apple TV+ Lawrence of Arabia (1962)Running time: 3 hours and 47 minutes Why it’s worth your time: It’s probably the most obvious choice for a list like this, but David Lean’s epic has retained its power for so many decades (and over so many minutes of screen time) for a reason. It is, in many ways, the platonic ideal of a Hollywood epic—the one by which all others are judged. But it’s also impressively complex, set during a period with continued relevancy, and starring a title character who skirts the line between philosophical hero and delusional megalomaniac. At nearly 60 years old, it’s still a transporting work. You can stream Lawrence of Arabia on Max or rent it from Prime Video. Lawrence of Arabia (1962) at Max Learn More Learn More at Max Hamlet (1996)Running time: 4 hours and 2 minutes Why it’s worth your time: Historically, even most stage versions of Hamlet(Shakespeare’s longest work) are truncated; there are entire scenes even devoted fans of the Bard have likely never seen performed. Kenneth Branagh’s 1996 adaptation doesn’t take any such shortcuts—it's the rare instance (and the only filmed version) of the play presented in its entirety. There are compensations for your time, though: Branagh eschews Hamlet’s traditional gloominess for gorgeous, bright visual spectacle; he also presents an impressive cast (with himself at the lead) that includes Julie Christie, Kate Winslet, and Derek Jacobi. There are even appearances by several very unexpected performers in bit parts (Billy Crystal, for example, is shockingly good as the First Gravedigger). And, unlike a live performance, you can stop this one for snacks whenever you want. You can stream Hamlet on Tubi or rent it from Prime Video. Hamlet (1996) at Prime Video Learn More Learn More at Prime Video The Batman (2022)Running time: 2 hours and 56 minutes Another three-hour comic book movie? At least Avengers: Endgame had the decency to be the climax of a 22-film saga—surely the eighth solo Batman flick (depending on how you count) has no excuse. And maybe not—but co-writer/director Matt Reeves' first go-round with Robert Pattinson under the cowl actually manages to keep you engaged for the entire time by allowing Batman to be a detective again. Watching a younger, (even more) emotionally damaged Bruce Wayne methodically piece together the clues in a vast conspiracy tied to his own origins and involving familiar baddies like the Riddler (Paul Dano), the Penguin (Colin Farrell under pounds of makeup), and Catwoman (Zoë Kravitz) feels like binging a season of one of those Swedish crime procedurals on Netflix. It's gorgeous to look at, too, with moody black and red cinematography from Oscar nominee Greig Fraser. You can stream The Batman on Max or rent it from Prime Video. The Batman (2022) at Max Learn More Learn More at Max Barry Lyndon (1975)Running time: 3 hours and 5 minutes Why it’s worth your time: Ryan O’Neal’s Barry Lyndon is hardly the type of protagonist we’re used to in this type of epic period drama: he’s largely a character without any defining morality, and one to whom events occur that he doesn’t take much hand in shaping. When it suits him to tell the truth, he’s conspicuously honest—but he’s perfectly content to lie if that’s the easiest route. Kubrick is one of the very few filmmakers who could draw us in to the story of this 18th century gold-digger, and Ryan O’Neal makes him compulsively watchable, if not particularly sympathetic. You can rent Barry Lyndon from Prime Video. Barry Lyndon (1975) at Prime Video Learn More Learn More at Prime Video Babylon (2022)Running time: 3 hours and 9 minutes Sure, this thing totally bombed in theaters, and its excesses are definitely not for all tastes. But as screen spectacles go, they don't get much grander than La La Land helmer Damien Chazelle's literally and figuratively orgiastic Hollywood coming-of-age story. It's an unhinged three-hour dive into the glitz, glamor, and wild indulgences of the movie business circa the switchover from silents to talkies. It's loud, garish, and buzzing with cocaine-fueled energy, but for every misstep (an opening sequences featuring a mountain of elephant excrement sprayed directly into the camera) there are two bravura sequences (my favorite being a tortured depiction of what it's like to film a movie scene under intense pressure that could be a short film all on its own), and the cast is full of movie stars (Brad Pitt and a pre-Barbie Margot Robbie being the standouts) the way they used to make 'em—bigger than life, and too much to crame into a standard runtime. You can stream Babylon on Prime Video and MGM+. Babylon (2022) at Prime Video Learn More Learn More at Prime Video View the full article

Engineering group accepts Arvind Balan’s resignation in statement on London stock exchangeView the full article

Nikola Corporation (Nasdaq: NKLA), a once-promising electric vehicle startup, filed for Chapter 11 bankruptcy protection Wednesday after failing to secure a buyer or raise additional funds to sustain operations. The Phoenix-based company, known for its hydrogen and battery-electric trucks, announced that it will pursue a structured sale of its assets under Section 363 of the U.S. Bankruptcy Code. Nikola enters Chapter 11 with approximately $47 million in cash to fund ongoing activities, including the sale process and an orderly wind-down of its business. The company has filed customary “first day” motions to ensure limited operations can continue, including employee obligations and certain HYLA fueling operations through March 2025. However, the long-term future of its service network and fueling infrastructure depends on securing new partners. Not enough “With the dedication of our employees and support from our partners, Nikola has taken significant steps to move zero-emissions transportation forward, including bringing the first commercially available Class 8 hydrogen fuel cell electric trucks to market in North America and developing the HYLA hydrogen refueling highway,” said Nikola President and CEO Steve Girsky. “Unfortunately, our very best efforts have not been enough to overcome these significant challenges, and the Board has determined that Chapter 11 represents the best possible path forward under the circumstances for the Company and its stakeholders.” The company’s collapse follows years of financial and legal troubles. Founder and former CEO Trevor Milton was convicted of securities and wire fraud in 2022 for misleading investors about Nikola’s technology. Production of its core products—battery-electric and hydrogen fuel cell semi-trucks—began in 2022, but only 600 units had been produced by late 2024. Recalls and manufacturing issues further drained its resources. Failed Expectations Adding to its difficulties, Nikola has faced an increasingly uncertain regulatory landscape. The suspension of the National Electric Vehicle Infrastructure (NEVI) program—a federal initiative designed to subsidize EV charging infrastructure—has raised concerns about the long-term viability of hydrogen and battery-electric trucking. Additionally, proposed rollbacks on EV tax credits have introduced further instability, potentially dampening demand for zero-emissions commercial vehicles. Despite months of seeking alternatives, Nikola determined that a structured sale process was the best way to maximize the value of its assets. The proposed bidding procedures, pending court approval, will allow interested parties—including strategic and financial buyers—to submit binding offers. Girsky had previously stated in October that Nikola was “actively talking to lots of potential different partners who value what we do and value what we’ve built.” However, despite its efforts to secure financing, the company warned investors in late 2024 that it lacked the capital to continue operations beyond early 2025. Nikola’s stock, which once peaked at around $80 per share in 2020, is now trading for under $0.50 per share, reflecting the company’s significant financial struggles. As of February 2025, the stock price is approximately $0.46 per share. The company now joins a growing list of EV startups that failed to meet initial expectations, underscoring the sector’s financial volatility and dependence on shifting regulatory policies. View the full article

Private equity firm plans to keep debt-laden utility in one piece, in contrast to other biddersView the full article