The toy industry held up well during the recession. Still, Sallie Kashiwa, owner of Timbuk Toys in Denver, Colo., is not hiring anytime soon.
"We are stable for right now," said Kashiwa, who actually opened a location in 2009 when the economy was still in recession. Today, she has three retail locations, a warehouse and 30 employees. She's not hiring, but she isn't firing either.
"We already have things very tightly organized," she said. "We really can't run on a smaller staff."
So she is going to hold off on expansion.
"I have taken on way more risk than most people would do on behalf of creating jobs," she said. "But at this point, I know that I simply can't take on any more risk. I feel I am tapped out."
Los Angeles is just one of 10 most affordable cities for doing business, according to a study by PricewaterhouseCoopers and the Partnership for New York City. More
|Unstereotyped: Meet the white valedictorian of a historically black college|
|Trolls target journalist after Melania Trump GQ article|
|Marvel's 'The Punisher' to star in spinoff Netflix series|
|Yahoo's Marissa Mayer could get $55 million severance package|
|Watch SpaceX's 360˚ video of rocket landing on a barge|