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News Articles
Small business news - FORTUNE Small Business

  • Rigged for success
    As multinational corporations race to pursue oil worldwide, a small Tulsa-based firm is striking black gold state-side. Arena Resources landed at No. 1 last year on the FSB 100, our list of America's fastest-growing small public companies. Arena, which explores and drills for oil and natural gas in Kansas, New Mexico, Oklahoma, and Texas, increased revenues from $60 million in 2006 to a little more than $100 million in 2007. "We've set new growth records each year since 2000," says CEO Lloyd Rochford.
  • How can I keep my retirement plan?
    Dear FSB: My company supplies irrigation and plumbing materials. Last year I set up a Roth 401(k) plan for my five full-time employees using a major mutual fund firm. Now the firm says that because of a new law, our employees' contributions and employer matching contributions require separate custodians that it is not equipped to provide for us. Some brokerage firms say the same thing. Any ideas?

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