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Christmas Business Panhandles on Streetcorner in Effort to Raise Operating Capital to Make it Through Summer
By: PRWEB
Great American Collectibles uses highly unusual method to raise operating capital. Owner vows to close the business rather than move operations to China.
Aurora, OR (PRWEB) June 14, 2004 -- While most companies in need of operating capital tend to use banks or other traditional means of raising funds, Great American® Collectibles (http://www.gr8american.com) has decided to take its request to the streets, literally.
The spark for this novel way of raising capital is something Dan Sherman, entrepreneur and President of Great American® Collectibles, came up with while at a stop light one day. “It just occurred to me while watching a panhandler at an intersection that they probably expose their message to hundreds of people an hour, many of which are in the position to help out a struggling seasonal company like ours,” Sherman says.
Great American® Collectibles makes most of it’s annual sales from October to February. “The spring and summer is our time to hunker down and just try to survive,” says Sherman. “Unfortunately, we might not make it through this summer without a little help. That’s why I’ll be holding my sign until we either get help or just can’t go on any longer.” Sherman goes on to say, “Ironically, we are the closest we’ve ever been to profitability. The upcoming Christmas season should bring us out of the red and I’m not going to give up this close to success.”
It’s more than just the money for Sherman, however. When asked about moving operations to China, Sherman says, “We would have been profitable from day one if we manufactured our figurines in China, but our company is called Great AMERICAN® Collectibles, not Great CHINESE Collectibles. I’ll fold the company first.”
In January, 2001, Dan Sherman was selling enterprise software to Fortune 500 companies. Then, an interesting string of unlikely events led him to start Great American® Collectibles. “My wife, Allison, and I were collectors of a line of carved, resin, folk art Old World Santas made by a company in North Carolina. They were going out of business so we decided to save the line, not only for ourselves, but for the 1000s of other collectors worldwide.”
In February, 2001, without knowing the slightest thing about making resin collectibles, Sherman incorporated Great American® Collectibles. He explains, “We had a strong backlog of orders already on the books which helped. Then September 11th happened. I can’t say it negatively impacted our business for 2001 since many of the orders were already placed for that Christmas season, but it did affect our business in the 2002 and 2003 Chri....[MORE]
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| History Channel - Christmas Advertisement. The History of Christmas. Each year, during the month of December, millions of homes across America are decorated with Christmas trees and fairy lights. But how much do you really know about this festive holiday? ... Explore our site to find out the true history ...
http://www.historychannel.com/exhibits/holidays/christmas
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| the history of christmas ... Christmas is a Christian holiday that celebrates the birth of Jesus ... but most Christians observe Christmas on December 25 ... The story of Christmas comes chiefly from the Gospels of ...
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| CVC Christmas Page Christmas History International Christmas Christmas Around the World, International Christmas traditions, including Christmas history, History of hymns, humor, Christmas Customs, MIDI Files, MP3s, Christmas videos, Christmas slide shows. ... in 80+ Languages. History of Christmas. Christmas Music ... Carefully researched history of Christmas Hymns. Visalia Christmas Parade with CVC band. Christmas Hymns in Sign Language ...
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| THE HISTORY OF CHRISTMAS The historical roots of Christmas and its current celebration around the world ... The History of Christmas. by Ben Best ... day holy festival -- the Twelve Days of Christmas (if the first day is the day after Christmas, the twelfth day of ...
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| Articles from Christian History - Christmas - Holidays ... CHRISTIAN LIFE -Today's Christian -Christian History & Biography -Money & Faith -Faith in the ... Home > Holidays > Christmas. Christmas Countdown. When does the holiday season really ...
http://www.christianitytoday.com/holidays/christmas/features/charticles.html
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| History Channel - Christmas Christmas Trees. Advertisement. Christmas Trees. How it All Got Started. Long before the advent of Christianity, plants and trees that remained green all year had a special meaning for people in the winter. ... credited with starting the Christmas tree tradition as we ... Some built Christmas pyramids of wood and decorated them ... the heathen traditions" of Christmas carols, decorated trees, and ...
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| Christmas on the Net - The History of Christmas The History of Christmas. The history of Christmas dates back over 4000 years. Many of our Christmas traditions were celebrated centuries before the Christ child was born.
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| Christmas stories and facts ... The history of Christmas. In ancient pagan times, the last day of winter in the Northern Hemisphere was ... The popularity of Christmas was spurred on in 1820 by Washington Irving's ...
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| CATHOLIC ENCYCLOPEDIA: Christmas Visit New Advent for the Summa Theologica, Church Fathers, Catholic Encyclopedia and more. ... for Christmas in ... history of solar symbolism and language as applied to God, the Messiah, and Christ in Jewish or Chrisian canonical, patristic, or devotional works. Hymns and Christmas ...
http://www.newadvent.org/cathen/03724b.htm
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| History News Network Search HNN: Departments. Of Christmas. History of Christmas. Commentary. How to Celebrate an Old-Fashioned Christmas (posted 12-21-04) Don Lattin, in the San Francisco Chronicle (12-19-04): ... Of Christmas. History of Christmas. 5 Top Myths About Christmas ... Short History of Christmas. Christmas During World War I ...
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