Skittish investors and a rapidly declining economy have stymied the once brisk buying and selling of small businesses in the region. The small entrepreneur has been squeezed by Wall Street’s financial crisis, making it difficult for business owners to retire or simply swap businesses. Business owners have found their companies are worth less because of…
Read More »Retail sales will drop even further through June but will improve by year’s end as consumers release pent-up shopping demand, the chief economist for the International Council of Shopping Centers said Thursday. Sales will be down 1.8% in 2009 overall, including a 5% drop in the January-June period from a year earlier and a 2.7%…
Read More »Tight credit markets and a weak economy have made financing a new restaurant a tough sell. It’s still possible to close a deal, though. Just be prepared to put up more of your own money. “Before the lending crisis began, you had people able to secure loans on the order of 90 percent of their development…
Read More »Scott Lehigh writes in Boston.com that: The early days of any new administration are carefully planned theater. What comes later is a better test of a new president’s skill, for that’s when he must start to navigate the jagged reefs that lurk just beneath the surface bonhomie. One issue that could soon test President Obama…
Read More »