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Slow economy changes face of Central Coast business community

Nationwide, small business owners represent 99.7 percent of all employers. They also employ half of all private sector workers. Over the last decade, small businesses have accounted for 60 to 80 percent of all new jobs created on an annual basis.

Local business owners said during these slow economic times, they have to come up with creative ways to attract customers.

The days of locally-owned shops and stores lining city streets may be numbered, especially in smaller cities.

Judith Bean, the president and CEO of the Arroyo Grande Chamber of Commerce, said, "In the village of Arroyo Grande there's definitely a strong sense that those are one-of-a-kind family-owned businesses, and that's something that will not change."

But what about locally-owned businesses outside of the Village of Arroyo Grande? Just drive down Grand Avenue to Grover Beach and you will see empty storefronts; vacancy after vacancy; buildings for sale, rent or lease. more

Seattle's Duo PR Fuels Growth with New Clients

These companies join existing long-term clients including Expedia.com, Kimpton Hotels Seattle and Savers/Value Village secondhand store chain, among others.

(Logo: http://www.newscom.com/cgi-bin/prnh/20080722/AQTU036LOGO)

"Seattle is known as a high-technology hotbed, but there's also incredible opportunity here for entrepreneurial companies with national consumer facing products and services," said Rebecca Mosley, co-founder of Duo Public Relations. "Companies today are seeking new, smart ways to interact with audiences and become a trusted 'lifestyle' brand. As a small agency, Duo PR is adept at staying on top of the changing needs of both traditional and new communication channels, and putting the best combination of these techniques to use across a variety of consumer industries."

Duo PR specializes in original, integrated approaches to a full range of public relations services, including national print and broadcast media relations campaigns, creative product launches, grassroots marketing, celebrity product seeding, high-impact events and social networking extensions. more

A Perfect Pair

"Every single aspect of the way our company is designed is a rejoinder to the conventional wisdom of clothing and apparel," Spaly says ofBonobos, the company he and Dunn founded together last year. "We really are trying to innovate for the sake of solving a problem we see in the world much more so than for the sake of creating a company that's worth a lot of money. We get a lot of people in the fashion world who just snicker and smirk at what we're doing and jab at us. They kind of turn their noses up at us. I get fired up about that."

Bonobos was born under seemingly mundane circumstances--Spaly, 31, simply could not find pants that fit him the way he wanted. The larger retailers offered only pants that weren't flattering because they were made to fit everyone, and the high-end couture brands offered only pants that weren't made to fit anyone. more

Survey: Access to finance threat to business

Access to finance is still a threat to the growth of business in Ghana, a survey has revealed.

The Global Executive Opinion Survey 2008 conducted by the Association of Ghana Industries (AGI) among 101 CEOs, saw access to finance as a major issue that needed to be dealt with.

The Executive Opinion Survey is a major component of the Global Competitiveness Report of the World Economic Forum (WEF), which aims to provide a benchmarking tool for policymakers and business leaders.

It is the first time that Ghana is participating in the global survey after AGI was contracted by the WEF as a partner association in March this year.

In the poll CEOs were asked to select up to five challenges from a menu of 15 and rank these from one to five in order of importance. more

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