Identifying Local Opportunities

Five Local Opportunities in the "Tallahassee Democrat" 

• Business leaving 'expensive' city, heading to Quincy
• http://www.tallahassee.com/story/money/2016/05/06/longtime-business-relocates-due-quincys-favorable-business-climate/83990526/
• The business Capital Hydraulics has been located in Tallahassee for over 50 years and has found it is time to relocate to Quincy. Tallahassee is costly to run a business in as they add extra fees to the already expensive rent. They have been able to find a location with almost twice the space for a third of what they are paying right now. 
• The problem is that Tallahassee is expensive for small businesses to operate in. 
• Capital Hydraulics has the problem, however, this could potentially be a problem for Tallahassee too. 

• City terminates Clyde's and Costello's right to use sidewalk
• http://www.tallahassee.com/story/money/2016/05/13/city-terminates-right--way-agreement-clydes-costellos/84349526/
• There have been countless times that the city has had to give warnings to Clyde's and Costello's downtown becauase there are people lined up outside blocking the sidewalk. There have been complaints because of trash, vomit, and too many people. The city has finally decided to take away their right to use the outside patio. 
• The problem is that Clyde's gets very busy on the weekends and this space is important to their businsess and ensuring they have enough space for their customers. Without this space, they may have no choice but to shut down. 
• Clyde's and Costello's has the problem that has been presented.

• 101 and done: Restaurant abruptly closes today
• http://www.tallahassee.com/story/money/2016/05/11/101-and-done-restaurant-abruptly-closed-today/84234640/
• 101 restaurant in Tallahassee has closed without any notice to the employees or to the public. The owner says it is because of declining revenue and also they are in need of renovations. The restaurant has been open for 7 years and the inside was becoming outdated, also more recently their have been more upscale nightlife venues added to Tallahassee, making for some tough competition. 
• The problem is that 101 has closed abruptly because of declining revenue leaving at least 100 employees without jobs. 
• The owners of 101 and also the employees have the problem. 

• Killearn Antiques closing, opening under new name
• http://www.tallahassee.com/story/money/2016/05/18/killearn-antiques-closing-opening-under-new-name/84546626/
• Market Square is preparing to undergo a complete renovation in the near future. However, these businesses specifically the Killearn Antiques were unsure of when and how it was going to be handled. They took the chance and relocated near a Carrabba's Italian Grill where they have renamed themselves to Canopy Roads Antiques and have undergone a transformation. 
• The problem presented in the story does not necessarily pertain to the antique store because they relocated. However, there is a problem for the rest of Market Square that are left with this uncertainty of what is to become of Market Square in this redevelopment. 
• Killearn Antiques and the rest of Market Square had the problem, however, Killearn Antiques found a solution and are no longer in the hole waiting for some answers. The rest of Market Square is still facing this problem. 

• Morningstar Watch List: Northwood Centre Loan in Danger
• http://www.tallahassee.com/story/money/2016/05/12/morningstar-watch-list-northwood-centre-loan-danger/84279264/
• Northwood Centre has issues with the building including 10 pounds of "bat guano". The conditions are not safe and neither is the air in these buildings. The loan that is in place for the building could be at a loss of up to 20 million dollars. These businesses such as Anytime Fitness, El Jalisco's and more are concerned for what happens next as their revenue has started to plunge and about 1500 state workers are withdrawing. 
• The problem is that the loan is at a huge loss, these businesses are located in unsafe buildings with bad conditions. 
• The owners of Northwood Centre and the owners of these businesses have the problem as well as the loan company.