Two articles in the November issue of Inc. Magazine highlight interesting trends in business over the past year. Companies that are selling "needs," rather than "wants" are succeeding at higher rates and slow sales of businesses themselves are leaning towards a buyers market. A question to consider is how do these national trends reflect what is happening on the streets of West Chester? Some of our most recent new businesses include a yoga studio, a health and wellness consultantcy, a leasing office and counseling services while one of our retail shops celebrates it's 20 year anniversary this year.
West Chester BID's Website, New Business news:
http://www.westchesterbid.com/view_program.php?id=209
A Demand Economy by Leigh Buchanan
http://www.inc.com/magazine/20101101/the-demand-economy.html
The 2010 Business Valuation Guide by Darren Dahl
http://www.inc.com/magazine/20101101/the-2010-business-valuation-guide.html
CALLING ALL ENTREPRENEURS - The West Chester LLC is a member managed private equity firm focused on investing locally and supporting creative and innovative entreprenuers in the greater West Chester area. WE ARE ACCEPTING APPLICATIONS for funding and will be blogging about supporting and sustaining a thriving local economy. Check back in often for updates on our progress. Thank you!
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