City support helps keep small businesses alive

Originally Posted on mndaily.com - all articles via UWIRE

By: Nicolas Hallett

Kafé 421 owner Jim Sander, his wife and their business partner had raised $200,000 by 2003 to start a restaurant in Dinkytown.

Some minor miscalculations made money tight in the beginning, but when the Sanders’ business partner became ill and pulled out of the venture, the business was in turmoil before it had even begun.

“We were just running out of cash and really needed the help,” Sander said. “No one realizes how much it costs to start a new business.”

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Read more here: http://www.mndaily.com/news/campus/2014/04/14/city-support-helps-keep-small-businesses-alive
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