Open City and a host of Detroit entrepreneurs are highlighted in a piece by CNNMoney.com.
Excerpt:
"We really want each other to succeed, because we know the whole situation with the cars has been a little bit devastating," said Liz Blondy, president of Canine To Five, a dog daycare, boarding and grooming facility in Detroit's midtown.
Blondy is a co-founder of Open City,
a small business networking group that gathers monthly. Around 100
people attended the April meeting, at which longtime business owners
offered advice on how new companies can navigate Detroit's economy and
achieve similar longevity. Among their tips: Keep your overhead low.
Detroit's rock-bottom real estate prices help with that -- commercial
space is inexpensive and homes can be had for less than $1,000.
"There
is no place to open a business where your fixed expenses will be lower
than Detroit," said Dave Muer, owner of Blue Pointe Restaurant.
Read the entire article
here.
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