Macy’s Exclusive Workshop Schools Entrepreneurs How to Make ‘Magic’

The program sought out businesses 2 years and older looking to position themselves to scale with major retailers; fairly small businesses relative to other vendors with which Macy’s typically does business. They make sure they have been in business for at least two years, some of them doing business of about a million dollars a year, some a bit less.

“You need two years of financial history that we can give to Babson College our partner. They are the number one entrepreneurial college in the country. Without that two years of financial history, it is really hard to assess a candidate’s potential or capabilities. Babson analyzes data to determine what their financial standing is and then go from there.”

Continued on next page …