- Neelys Landing man shot, killed by highway patrol trooper after traffic stop (05/01/16)43
- Cape student sues, accuses school officials of slamming her to ground multiple times (04/28/16)49
- Missouri House votes to allow concealed weapons without permits (04/28/16)8
- River Ridge Winery changes hands (05/02/16)
- Police report filed, but no charges in incident at Cape Central (04/29/16)40
- 2016 All-Missourian Boys Basketball (04/29/16)
- Statement: Man says cops’ good work drove him to grow his own marijuana (05/01/16)1
- Bob Evans restaurant in Cape Girardeau among chain's 21 closings (04/26/16)9
- Senator introduces bill for I-57 that would connect Sikeston with Little Rock (04/28/16)4
- Hopper Road to close for months during construction of Veterans Drive (04/27/16)9
We are accustomed, after months of recession, to hearing every bit of positive economic news hedged by cautionary statements that allow for even more bad news. Unemployment claims dipped -- but it will take years to replace lost jobs. Housing prices show signs of recovery -- but thousands of homeowners still face foreclosure. Stock markets have risen more than 60 percent since last year's bottom -- but this bubble may burst.
Against this backdrop, there is some bright news in Cape Girardeau: In 2009, 168 businesses opened and 47 closed, reversing the trend of the previous two years when more businesses closed than opened.
The owners of these new businesses face a maze of factors that will have an impact on their success rate: higher minimum wages, ever-increasing government regulations, finding financial backing to sustain them until they are established enough to make a profit.
There is something to be said for these risk-takers who are finding innovative ways to create and fill new markets. As one owner of a startup business commented: "It's definitely not business as usual."
Keeping these businesses afloat will require a solid customer base. Supporting new businesses is one way of strengthening the community's economic base. Good luck to all these enterprising efforts.