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The world of franchising: It costs more, but with benefits

Franchises — those businesses with recognizable names like McDonald’s, 7-Eleven, Radio Shack and more — have long represented a safe investment for people who want to work for themselves. And that’s as true in Colorado Springs as it is anywhere. The U.S. franchise sector created 27,913 jobs in June alone — the highest monthly number… Continue Reading The world of franchising: It costs more, but with benefits

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Foundation launches into tourism

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Foundation launches into tourism

For the Space Foundation, it’s truly a summer of discovery. For the first time, the 30-year-old organization has the room to display decades’ worth of space memorabilia – models of the Mars rover, exhibits from NASA’s space shuttle program, the only moon rock in the state of Colorado. And staff members have combined it all… Continue Reading Foundation launches into tourism

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How to buy a business: Some easy, others not

Caroline Bilodeau went into The Speedtrap coffee shop one day, asked the owner if he would sell the Palmer Lake business to her, and he said, “Yes.” “A week later, I came back with a check, and it was done,” Bilodeau said. “It was a very quick and simple sale.” Not all business sales are… Continue Reading How to buy a business: Some easy, others not

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UCCS celebrates progress on Lane Center project

UCCS officials say that construction of the institution’s new health sciences facility is on schedule and on budget as they prepare to install the last piece of the building’s superstructure. The Lane Center for Academic Health Sciences, which is the university’s first structure in the North Nevada Avenue urban renewal zone, is on budget at… Continue Reading UCCS celebrates progress on Lane Center project

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Early tourism: About the same as last year

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Early tourism: About the same as last year

Business owners in the lodging and tourist trades report varying degrees of success after the first month of summer tourism season in the Colorado Springs area. Occupancy at the 54-room Cliff House at Pikes Peak was “great” over the Fourth of July weekend, said General Manager Paul York. “We’re at 80 percent for the month… Continue Reading Early tourism: About the same as last year

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Effects of interest rate increase all a matter of perspective

When the Federal Reserve signaled last month that interest rates would increase, it dropped a bomb on the housing and mortgage market that’s sending shockwaves through the industry. While Colorado Springs analysts and industry insiders are divided about both the long- and short-term effects of the rate increase, all agree that it will cause fluctuation… Continue Reading Effects of interest rate increase all a matter of perspective

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Old Town thrives on simple priorities

Old Town Bike Shop Address: 426 S. Tejon St. Website: oldtownbikeshop.com Years in business: 37 Number of employees: 10 John Crandall doesn’t have a business model, just a philosophy: Treat others right, take care of the environment and sell quality products and services. When the 70-year-old enthusiast started Old Town Bike Shop 37 years ago… Continue Reading Old Town thrives on simple priorities

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One on One: Preston steps up to take KCME baton

Last month George Preston became general manager of local classical music station KCME 88.7 FM, and he believes his new mission is not only to grow a listening audience but also to bring the community together through Mozart and Beethoven. Preston replaces Jeanna Wearing, who left the general manager post after 18 years but will… Continue Reading One on One: Preston steps up to take KCME baton

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Local coffee shop ain’t talkin’ no jive

Jives Coffee Lounge Address: 16 Colbrunn Court Website: jivescoffeelounge.com Years in business: 3 Motto: “Coffee music life” Colorado Springs transplant Randy Fair believes his coffee shop has it all. The 45-year-old software developer — and father of 10 — has tasted drinks and eats from hundreds of mom-and-pop shops in states and countries around the… Continue Reading Local coffee shop ain’t talkin’ no jive

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Black Forest businesses deal with losses

A month after the Black Forest fire blackened thousands of acres of forest lands, sending businesses and homes alike up in flames, charred trees and ash-covered ground somberly fill the landscape, and the sound of backhoes and chainsaws fills the air. For some, it’s business as usual, or maybe even a little busier than usual.… Continue Reading Black Forest businesses deal with losses

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