The problem with ABC privatization is not the concept, writes Mike Thompson. The challenge is coming up with the revenue to replace the current system, which places an average effective tax rate on distilled spirits of 94 percent.
Search Results for: the pitch
BizSense Pro: Be in the know
BizSense Pro puts the information you need to stay competitive at your fingertips. In addition to our entire news archive covering the Richmond business scene, you’ll have access to a cache of exclusive data, including: Development Tracker – A neighborhood-by-neighborhood collection of interactive maps showing you all the new real estate projects that are in… Read more »
NewsFeeds 5.10.10
How a Utah cowboy made it big (Times-Dispatch) A great profile of hotelier Glade Knight: . “I started with $100,“ said Knight, chairman and CEO of the four Apple REIT companies based in Richmond. “Anything over that is a profit.“ Bank sees key capital ratio drop below threshold (Virginian-Pilot) Bank of Hampton Roads, whose financial… Read more »
A new kind of capital fund
There’s a new group of Virginia investors looking to invest as much as $250,000 at a time into growing businesses, and reasons it might succeed where others have failed include a social component and low-pressure requirements for members.
Deal to buy baseball team is dead
The current deal for the Richmond Baseball Club to buy the Connecticut Defenders is going to expire, the investor’s spokesman told the Norwich newspaper The Day: Peter Boisseau, spokesman for Richmond Baseball Club LC, which had a deal to purchase the Defenders for $15.4 million and move the team to Richmond, said this morning there… Read more »
Two seniors win $2,000 in UR biz plan contest
UR seniors Daniel Brunt and apartment-mate Christopher Genualdi pitched their business plan to a panel of judges about their concept Sniff-Stick LLC and won $2,000 to get rolling. The three other finalists had some promising ideas, too.
Developers throw Richmond a meatball. Or is it a knuckle ball?
On Monday the City of Richmond finally announced its plans for Shockoe Bottom and North Boulevard: Tear down the Diamond, and build a new stadium downtown. Throw in an ample mix of retail, office and residential development at both sites. Just $765 million later, fans will have a new baseball team, the city will once… Read more »
Startup Journal: maker of trucking software trying to raise capital
Editor’s Note: This is the first of what we hope are monthly features about local startups looking for funding. We are still searching for a catchy name. Company: Masslogics, Mechanicsville Product: Web-based workflow software which helps trucking companies manage fleets and expenses The Pitch: There are more than 150,000 trucking operations in the U.S. “Conservatively,… Read more »
$25 gas card for out-of-town visitors
Drive to Richmond. Stay in a hotel for two nights. Get a $25 gas card. That’s the pitch of an ad currently running in Roanoke, Washington D.C. and Hampton Roads. The Richmond Metropolitan Convention & Visitor’s Bureau, which promotes the Richmond region as a tourist destination, is paying for the spots. The ads link to… Read more »
Men’s health clinic franchise GameDay opens in Innsbrook
GameDay locations feature flat-screen TVs set to sports programming, leather seating, sports decor and refreshments, which are measures intended to make them more inviting to men compared to a doctor’s office.