New businesses pop up in Ocala, but few bring high-wage jobs

So [Bob Russett], a former Xerox executive, tapped into his retirement savings, developed a business plan, did a lot of legwork and opened Ocala Tennis in May. He is the sole employee of the business, with the exception of this wife, who helps out on weekends. But he doesn't mind. "Some of...

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Bibliographic Details
Published inKnight Ridder Tribune Business News p. 1
Main Author Haberlin, Steven Ray
Format Newsletter
LanguageEnglish
Published Washington Tribune Content Agency LLC 28.08.2005
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Summary:So [Bob Russett], a former Xerox executive, tapped into his retirement savings, developed a business plan, did a lot of legwork and opened Ocala Tennis in May. He is the sole employee of the business, with the exception of this wife, who helps out on weekends. But he doesn't mind. "Some of them are great, and some of these are what we categorize as lower-end retail jobs," said Pete Tesch, president/ chief executive officer for the Ocala/Marion County Economic Development Council. Commercial growth continues to surge in Ocala. According to a report, which was developed by the Ocala Police Department to demonstrate the need for more officers, the city presently has 123 commercial projects that have been proposed, approved, recently opened or currently under construction.