Archive for April 30th, 2004
Dollar stores are the fastest growing retailers in America. Marginal Revolution: More than 4000 new dollar stores have opened in the last three years, an increase of thirty-four percent. The dollar store sector accounts for $16 billion a year, larger than the recorded music industry. Dollar General, a very large chain, will add 625 stores [...]
Wall Drug was the quintessential struggling small businesses in a dieing small town in 1936, when it stepped back and examined its intrinsic resources and realized that its key to success was free ice water: “No, because you know what, Ted? I think I finally saw how we can get all those travelers to come [...]
Financing Tips For First-Time Entrepreneurs
Boston Business Journal: “Recognize the odds. Entrepreneurs should recognize that venture financing is not always the answer to every funding question. In fact, the substantial majority of new ventures in the United States look to sources other than venture capital for startup funding. For example, of Inc. magazine’s list of 500 fastest-growing companies in 2003, [...]
More Retirees Launching Businesseses
Startup Journal: “The number of self-employed older people has been inching up for several years, even as the overall number of self-employed Americans has declined. It is a trend that AARP expects to accelerate after finding in a poll last summer that many people plan to keep working into their 70s or even later, and [...]
