RunningASmallBusiness

Small Business Survival Story: A Hairdresser's Ordeal

The dream of Raphael Alvarez was to open a salon. His timing, it seemed, could hardly have been worse: Finding a loan was impossible, and his original location was snatched away. But Alvarez still managed to start his small business, without help from a big financial institution, in this desperate economy. Here's how he did it.