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Written by Aaron Kremer   
Friday, 26 December 2008 13:14

The cavernous warehouse at Record Finder, a Parham Road depository of pressed music from the last 80 years, feels like a drafty basement. The fluorescent light throw mostly just shadows. A smell of old records and musty cardboard makes it vaguely inviting, like maybe a treasure is hiding under “20 Greatest Holiday Carols.”



 
Prince George Rolls-Royce plant is “Deal of the Year” Print E-mail
Written by Al Harris   
Monday, 22 December 2008 12:00

The Rolls-Royce plant that landed in Prince George County this year has won Business Facilities magazine’s top honor in their annual Economic Development Deal of the Year Awards.



 
Richmond’s $8 million version of Madoff Print E-mail
Written by Aaron Kremer   
Thursday, 18 December 2008 11:54
Two years ago, Richmond had its own version of Bernard Madoff, the New York financier was accused of swindling $50 billion from wealthy investors, banks, hedge funds and charities.

From November 2005 through the fall of 2006, James E. Brown Jr. – in his early 20s at the time – convinced more than 300 Richmond investors that he could double their money every six weeks. Brown told investors he was making huge returns by trading in foreign currencies. He put on seminars at a local Sheraton.


 
Restaurants facing 15% decline in business Print E-mail
Written by Al Harris   
Tuesday, 16 December 2008 12:39

Richmonders look like they are tightening up their belt when it comes to eating out; they’ve spent about 15 percent less at restaurants so far this year.



 
Work-life balance meets the bottom line Print E-mail
Written by Catherine Orr   
Thursday, 11 December 2008 11:48

Momentum Resources, a staffing firm that specializes in matching women with companies that off flexible work schedules, has not seen a slowdown.



 
Deal or No Deal Print E-mail
Written by Aaron Kremer   
Tuesday, 09 December 2008 12:25

Lawrence Dodge has sued Pearson Companies Inc. for failing to buy its Dodge Dealership at 7411 West Broad St. for $700,000.



 
Shockoe store will sell reclaimed lumber Print E-mail
Written by Al Harris   
Tuesday, 02 December 2008 12:16

Local real estate developer Justin French hopes to draw designers, contractors and other passers-by into his new Shockoe Slip store that sells flooring made from reclaimed lumber.



 
PrecisionIR lays off 15 in Richmond Print E-mail
Written by Aaron Kremer   
Thursday, 20 November 2008 12:09
PrecisionIR, an investor relations technology company based in Chesterfield, has laid off 26 of its 156 world-wide employees, according to a company spokesman.


 
But wait, there’s more Print E-mail
Written by Aaron Kremer   
Wednesday, 19 November 2008 11:56

A Richmond business that has found some success selling collapsible bakeware on QVC is running a contest – complete with a $500 prize – for users to submit video commercials.

Duncan Fang, who invented Foldtuk, said he has already received a few videos, including one showing a customer using the units as a drum set of sorts. The contest started this month on the Foldtuk website.



 
Talent pool is deep, but who can afford to plunge in? Print E-mail
Written by Aaron Kremer   
Tuesday, 18 November 2008 12:06
The vicious cycle driving down the stock market and forcing major local employers to shed thousands of jobs also is preventing some of those laid-off workers from being hired by smaller companies, especially those that rely on venture capital.


 
Check this out: The RBS Guide for small business checking Print E-mail
Written by Al Harris   
Tuesday, 18 November 2008 11:48

First Market Bank and Eastern Virginia Bankshares have the best plans for startups or cost-conscious small businesses. RBS has a comprehensive list, too.



 
Richmond PC maker humming along Print E-mail
Written by Al Harris   
Monday, 17 November 2008 11:47

Richmond-based Velocity Micro, which makes high-end custom PCs, says things are holding steady. The Chesterfield company this week also shipped several hundred machines to Circuit City. Velocity had been waiting for the bankruptcy filing so it would not become a creditor. 



 
Driving a bargain: Midlothian start-up lets customers bypass car salespeople Print E-mail
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Written by Al Harris   
Friday, 14 November 2008 12:28

It’s a common refrain in business: “Cut out the middle man.”

But when it comes to buying a car, Greg Spencer thinks there’s a niche in being the middle man. He aims to save car buyers from the headaches of dealing with high-pressure salespeople and ensure they get the lowest price. Spencer, who lives in Midlothian, started Spencer Auto Consulting in August.



 
Gas prices are down, so what’s with the fuel surcharges? Print E-mail
Written by Al Harris   
Tuesday, 11 November 2008 11:52

Fuel surcharges stick to invoices like bugs to the windshield.

As gas prices soared in the past year, contractors, livery cabs and other businesses tacked on fuel surcharges to offset the rising price of precious petrol. But now that the price of gasoline is at three-year low in the Richmond area, businesses are slow to remove such charges.



 
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