From Silicon Valley to Silicon Alley. That directional twist is prominently noted in a recent business article dissecting the health of New York City's economy. That piece analyzes business trends driving growth in the nation's largest and most diverse commercial metro, and what it notes is a thriving pulse.
An annual business-focused survey conducted by the UPS Store reveals data that soundly confirms Americans' enduring entrepreneurial focus and drive. Moreover, the report underscores a strong undercurrent of optimism across the country that bodes well for continued business startups and commercial activity.
The stereotype looms large.
A recent business article underscores in its headline the “unpleasant surprises” that can confront a business owner quickly after the onset of a new startup or somewhere down the road thereafter.
Kudos to New York’s small businesses. Reportedly, they are the backbone that centrally supports commercial success across the state and contributes in tremendously important ways to New York’s continued growth and betterment.
“The reality of it is not whether or not we want to give it – it’s whether we can give it.”
They're not necessarily dying. In many cases, their apparent flailing is more about evolution and the opportunity to reemerge in a stronger and more dynamic way in the future.
Following is a hypothetical that is actually a commonplace reality for some businesses in New York and nationally. It often poses both a challenge and corresponding opportunity for select entities.
That didn’t take long, did it?