Local startup Boxwood Partners is putting the finishing touches on its first deal as a private equity fund. Boxwood is acquiring an out-of-state internet wholesaler/distributor (name not revealed) that can perhaps best be described as an online version of Sam’s Club. That web-based business has millions of dollars in revenue and six employees, according to… Read more »
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Chariots of PR Gold
Buck Ward just batted for the PR cycle. His new Segway of Richmond shop in Shockoe Bottom garnered a full-length story in Style Weekly, one in Brick Weekly, and two stories in the Times-Dispatch. There’s also a lengthy plug on the Richmond Region Visitor Center, which promotes the area as a tourist destination. (That would… Read more »
How do you say Shalom with a Richmond accent
Eight Israeli life science startups will establish their worldwide headquarters in Richmond. “This is clinical and scientific economic development,” said Donna Edmonds, the head of the nascent Virginia Biosciences Commercialization Center (VBCC), an off-shoot of the Virginia BioTechnology Research Park that helped lure the companies to town.
A business workout
This is where Rocky would train if he was from Richmond instead of Philly. No fancy, Drago-style Nautilus machines. No ab-flex roller bought from a TV special. No bikes for spinning class, no bench press, no mirrors. CrossFit RVA just opened in a 1,200-square-foot warehouse off Seventh Avenue just east of downtown (near the jail)…. Read more »
Follow the Model
Igor Jekauc often wishes he didn’t have to fork over 19% of his annual revenue, but he says he wouldn’t have been able to open a tax preparation business without Liberty Tax Service’s business model and support system. A computer software that allows Jekauc to instantly issue tax return checks to customers was essential –… Read more »
Stop throwing away money
Richmond businesses can cut their trash bill by more than 13% percent, particularly offices and restaurants, if they start recycling. No concrete figures exist about how many businesses recycle, but interviews and a driving tour of suburban office parking lots and downtown alleys suggest it’s not exactly popular (despite endless headlines about “going green”) One… Read more »