TAMPA BAY - In this week's Tampa Bay Business Journal segment, editor Alexis Muellner discusses the Alessi Bakery bankruptcy dispute involving Zions Bank, why CEOs are blogging, and Small Business Saturday.
Zions Bank is claiming the Alessi family transferred $171,853 from their bakery to their boxing promotion business before Alessi Bakery filed for bankruptcy. Zions says that money could have been used to pay creditors.
In a motion filed in bankruptcy court, Zions is seeking the appointment of a Chapter 11 trustee to manage the 100-year-old bakery business as debtor-in-possession.
A number of local chief executive officers are deciding it's important to blog online. Bayshore Solutions CEO Kevin Hourigan says people are looking for content when making product or service purchase decisions and blogs like his are an effective tool help to grow his business.
Small Business Saturday is a national effort, founded by American Express, to support small businesses across the country during one of the biggest shopping weekend of the year.
Many independently-owned Tampa Bay area small businesses are participating offering deals for the day. What the small local stores can offer over big box chains is personalized service and the chance to purchase Tampa Bay area-specific items.
For more information on these stories, click on the video player on the left or pick up this week's Tampa Bay Business Journal available on newsstands.