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Businesses boom and bust in Menlo Park

 

As businesses like Great Clips open in Menlo Park and others, such as Marche, close, you may be curious as to exactly how often that happens.

According to John McGirr, revenue and claims manager for the city of Menlo Park, a total of 217 new business licenses were issued in 2009 and 207 closed out.

The following year saw 223 new licenses and 185 close-outs. He noted that some businesses, such as banks, don't need a local license.

Comments

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Posted by neighbor
a resident of Portola Valley: Ladera
on May 28, 2011 at 10:42 am

what happened to Alta ? the ladies dress shop


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Posted by Bob
a resident of Menlo Park: Central Menlo Park
on May 28, 2011 at 5:06 pm

The name might have done it in. In Yiddish alta means old, as in alta cocker which is a not so nice slang for old man.


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Posted by More Data Please
a resident of Menlo Park: Allied Arts/Stanford Park
on Jun 3, 2011 at 8:36 am

This is an interesting fast fact -- wouldn't it be great to see the trend over the past 20 years (a few business cycles)? Also, what about a comparison with Palo Alto and Redwood City ... and maybe San Jose?

Not trying to make work for you, Sandy, but the Almanac has a real opportunity to educate all of us in how our community changes and how it behaves relative to our neighbors'.

(Atherton, forgive me for not including, but I don't believe you have any businesses ... at least of the retail sort? Include Atherton if there are ... but that also suggests analyzing multiple kinds of licenses, those for home-based consulting or service businesses, those for retail businesses, and those for other businesses. Could be a very interesting comparative article about the changing work demographics of MP and surrounding towns.)


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