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Small Towns Struggle To Attract Investment

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In today’s very competitive world of economic development, small and rural towns and counties often find themselves behind the eight-ball, unable to match the incentives offered by their larger counterparts to attract business investment.  But our next guest says a little imagination and creativity may be the answer.

Mike Switzer interviews C.D. Rhodes, an attorney with Pope Flynn in Columbia, SC.

After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.