Business Journal - November 2014

Page 1

business F o r s o u t h w e s t m o n ta n a

Vision quest Caravan Skis founder on a mission to create perfect mountain ride PAGE 3

journal

november 25, 2014

SuStainaBLe

SHopping How homegrown businesses strengthen the community B y k ay l e e wa l d e n

adR ia n San CHe Z- g o nZ a LeZ / CHR o n iC Le

Local shoppers fill the sidewalks in downtown Bozeman on nov. 30, 2013, as locals look for discounted prices during Small Business Saturday. Small Business Saturday is the response to Black Friday to encourage shoppers to buy local after they hunt for bargains at national big box retailers.

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Busi n e s s Jou r na l e di tor

From modest beginnings as a Frontier town, the former epicenter of the bozeman trail has developed into a lively and prosperous economic center, while maintaining its small-town charm. in bozeman, an innovative, entrepreneurial mindset and strong consumer support from both locals and tourists stimulates steady fiscal growth as the local population continues to rise. according to 2013 Census bureau statistics, over 5,000 locally owned small businesses are currently operating in gallatin County, and a high number of start-ups in comparison to other montana counties. nationwide, small businesses represent 99.7 percent of all firms, and about 68 cents out of every dollar spent in a small business returns to the local economy. brit Fontenot, director of economic development in bozeman, explained that in small towns with an abundance of locally owned businesses, it takes the community support to sustain development. shopping Continued on page 6


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