As a way to promote his small business agenda, President Obama visited the Tastee Sub Shop in Edison, New Jersey on July 28th, ordered half a #5 Super Sub to go, and talked business with Sub Shop co-owner Dave Thornton; Brian Bovio, owner of a family energy business; Rochelle Park restaurant owner Theo Mastorakos; and […]
New York State has put up $25 million, which when matched by private lending institutions, will create a $50 million loan fund intended to aid NY State small businesses blocked from access to traditional sources of credit, the 7/19/10 “Westchester County Business Journal” reported. Successful applicants may use the funding for “working capital, acquisition and […]
Only half of small businesses that tried to borrow last year got all or most of what they needed, while in the mid-2000’s 80% got the loans they needed, according to the National Federation of Independent Businesses.  As reported by Emily Maltby in the 6/21/2010 “Wall Street Journal,” possible explanations range from over-zealous bank examiners […]
A recent visit to Taverna Kyclades, located at 33-07 Ditmars Boulevard in Astoria, Queens left me thinking that they may be the most profitable restaurant of its size I’ve ever seen.  From a business perspective, they seem to be doing everything right: No Empty Tables – The food is delicious, the seafood is as fresh […]
The “Wall Street Journal” reported that Margaret Cuomo, sister of NY Attorney General Andrew Cuomo, is leading efforts to get the College Board to reinstate the Italian Advanced Placement, or AP exam, which it announced (in January, 2009) would be cut, “due to low numbers and financial losses.” The College Board, or more formally the […]
Movie Gallery filed for bankruptcy on February 2, 2010, announcing plans to close 760 stores. The company had previously filed for bankruptcy in October 2007, emerging from Chapter 11 in May 2008, with private equity firms Sopris Capital Advisors and Aspen Advisors as its primary owners. Movie Gallery’s website is asking consumers with rented movies […]
David@RudofskyAssociates.com
Phone: 1-914-216-3566
Based in New York City. Doing business nationally.
