The Struggle to Find Inventory Financing for the HolidaysBy
The green movement has spawned a growing interest in bicycle commuting and touring that dovetailed nicely with the founding of BikeShopHub.com five years ago. The online cycling trailer and gear retailer, created by president Josh Lipton in his Flagstaff, Ariz. garage, has grown from a one-person to a six-employee operation, with two—soon to be three—Web stores. He says he had $700,000 in revenue in 2008 and estimates $1.2 million in 2009.
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