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no funding Entrpreneur and Home Office Blog; February, 2010 Archive; Entrpreneur and Home Office Blog

California Small Business Comunity Suffers

02/04/10 10:50

An owner of a small knitting shop on trendy Montana Avenue in Santa Monica has seen many fellow small business owners go belly-up. Sales for her 20 year-old business are down 55 percent in the last two years. She has been forced to lay off half her employees and has lost nearly a half million dollars in revenue.

Read more: California Small Business Comunity Suffers [click]

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California Tags: business closures • slow sales • mounting debt • no funding •
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