Donald Wolff: A Perfect Storm-The Flea Market
Donald Wolff's Perspective The first annual Small Business Saturday Event occurred the day after Black Friday in November 2010. Nationwide, awareness of small businesses was brought to the forefront and consumers were encouraged to shop at local, neighborhood shops. Here are three interesting facts about small businesses: F irst, f or every $100 spent a t a small business, $68 returns to the local economy. O ver the last decade, 60% to 80% of new jobs were generated by small businesses. Third, s mall businesses employ half of all private sector employee s . Now take a step back and look a Flea Market. It is the ultimate small business. It is where anybody can start his or her own business – true entrepreneurship. For centuries worldwide, flea markets and other forms of outdoor markets have been and continue to be commonplace and the main av enue of doing business. Wolff’s takes great pride in being abl...