August 3, 2018 Upstate Business Journal

Page 2

THE RUNDOWN |

TOP-OF-MIND AND IN THE MIX THIS WEEK

VOLUME 7, ISSUE 31 Featured this issue: How asset-based lending can help Upstate building-supply industry..........17 How much financial success is enough?...................................................................18 Equity and debt capital, explained………….................................................................19

The Southern Growl, a gastropub with an extensive craft beer selection, announced last week that it will move from 6 S. Buncombe Road in Greer to a nearby 10,000-square-foot space at 155 N. Buncombe Road. The new location will have an in-house brewery and a spacious outdoor area. Read more in this week’s Greenville Journal Feast column.

WORTH REPEATING “If feeling successful is always obtaining larger and more expensive things, it can never be attained.” Rob DeHollander, Page 18

“Company size, stage, and sector are starting points for determining what form of outside capital is appropriate.” Will Lucas, Page 19

“There is no end to the places we can go to find opinions on what to do with our money.” Jeff Herman, Page 20 2

UBJ | 8.3.2018

VERBATIM

On BMW’s price hikes “China is BMW’s biggest market. The German company sold 560,000 cars there last year — more than the United States and Germany combined.” CNNMoney’s Daniel Shane, on BMW’s Monday announcement that it has increased the prices of its X5 and X6 models by 4 percent and 7 percent, respectively, in China. A company spokeswoman said the price hikes were implemented because of the “increased import duty for U.S.-made cars.”


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