By any measure, 2008 was a tough year to start a business. Kwame Kuadey, Founder and CEO of GiftCardRescue, was working in corporate America, earning his MBA from Johns Hopkins University’s Carey Business School, and was laid off. He never met a problem he didn’t like, though, or at least didn’t examine for business potential. He was prepared and confident, having already identified a ubiquitous problem and recognized a multi-million dollar opportunity: Unwanted gift cards cannot be returned to retailers. One hundred billion dollars in gift cards were sold in 2014; the data show that 10 percent of gift cards go unused.
GiftCardRescue.com is the “trading floor” online space where gift cards are bought for up to 35 percent off and sold for up to 92 percent cash back. https://www.youtube.com/watch?v=NaQslaanhv4 You can also connect with Offit Kurman via Facebook, Twitter, Google+, YouTube, and LinkedIn. WASHINGTON | BALTIMORE | FREDERICK | PHILADELPHIA | WILMINGTON | VIRGINIA