US EditionBusy Baby founder turns to crowdfunding to pay China tariff and keep business afloat
- Beth Benike launched a GoFundMe to crowdfund $229,000 for her company, Busy Baby.
- Tariffs imposed on goods from China created financial problems for Benike's company.
- Busy Baby products are stuck in China, and the funds would pay the tariff for their release.
- Benike described the needed funds as a 'ransom' to free three months of products.
- Paying the tariff would buy Benike time to devise a plan to save her business.
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Duluth News Tribune+13 Reposted by 13 other sources
Busy Baby founder turns to crowdfunding to pay China tariff and keep business afloat
ORONOCO, Minn. — Running out of inventory and options as she looks for a path to save her company wrecked by tariffs, Beth (Fynbo) Benike is trying to crowdfund $229,000 to pay what she describes as a “ransom” on three months' worth of Busy Baby products stranded in China, where they were made. Benike, who last month was named Minnesota’s Small Business Person of the year by the Small Business Administration, said it was not an easy decision to …
·Cherokee County, United States
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Total News Sources15
Leaning Left0Leaning Right7Center4Last UpdatedBias Distribution64% Right
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C 36%
R 64%
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