Business Start-Ups Despite Down Economy

By: Jaime McCutcheon Email
By: Jaime McCutcheon Email

Despite a down economy, it's not unusual to see "coming soon" signs or "now open" banners around the metro. Entrepreneurs will not let the economy slow them down.

These days, Todd Misselt's time is filled with hot wings and everything about his new restaurant Buffalo Wings & Rings at 122nd and L Street. But it wasn't always this way.

Misselt says, "I was with ConAgra Foods for 13 years, and I was in the business development department, and I was uh, my job was eliminated last May."

Instead of looking for a new job, Misselt started looking bigger. “I had always dreamed about running my own business. I loved food, I loved restaurants, and this gave me the perfect opportunity. My wife and I made the conscious decision of let's go for it."

And for the last year, they've been doing everything to make this franchise possible.

A poor economy cooked up some difficulties. “It's difficult to find financing, it's difficult especially in the restaurant business because so many restaurants fail."

But the economy also served up some pros. "Actually it was a good time in respect to finding spaces and things like that because there's not a lot of competition."

Small businesses are just what the Halo institute at 10th and Leavenworth is all about.

Halo Founder Nick Hudson says, “the whole passion is around trying to help people with innovative ideas turn those into business plans and then get ready for launching their businesses."

Hudson says a successful business is not so much about the economy, but people like the ones who will fill the Halo Institute.

"If they've got the right mindset themselves, if they're ready to really take on the challenges and they're confident the idea is right, then this is a perfect time and place to do it," says Hudson.

If you'd like to learn more about the Halo Institute and how it helps business start-ups, click here.

As for Buffalo Wings and Rings, it's the first location in Nebraska. The grand opening is this Saturday starting at 11 a.m.

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