Colorado Small Business.org is an online forum and small business organization launched to empower small businesses’ and local communities in order to better compete amidst a global economy. The idea is to bring unique Colorado products, services and business concepts for the world to view, value and purchase.
The reality of an accelerating global economy demands greater efficiency and strategic planning in bringing products and services to market now more than ever before in history. Small business, local shoppers and those employing workers help grow the middle class in America Leebaert, 2006). If properly allowed to succeed, these forces could continue to do so while participating in the global economy. Indeed, one cannot exist without the other. If small business is allowed to deteriorate creating pockets of poverty in once thriving local communities, the general population will be unable to buy the products developed by other medium and large corporate business!
For example, I have a neighbor that wishes to purchase the Google phone powered by Android due to a particular useful application. However, he cannot buy it because his spouse recently lost her job. Large corporations are producing fantastic gadgets; however many of their stakeholders who could benefit from them have lost stable income.
Balance between small, medium and large business in America.
Theresa Nielsen, founder of the small business organization, believes small, medium and large businesses’ can co-exist with one another. That is why she created an online small business directory to help bring Colorado ideas, products and services to market at BusinessColoradoDirectory.com.TM A well known business author and educator, Norman Scarborough, pointed out that a harmonious relationship could exist between all forms of business and one that resembles in concept the shape of a hand held weight with small business on one end, middle size in the center and large corporations on the other. (Scarborough, 2011). Small businesses could become medium sized then large. Moreover, large corporations often venture into areas of small business. As these businesses come into balance playing their unique roles within the market; economic harmony is achieved. It is very important to allow small business to thrive and co-exist among the giants, for it is small business that helps keep local communities vital and thriving.
In summary, “The small business sector’s contributions are many. They make up 99.7 percent of all businesses, employ 51 percent of the private sector workforce, have created two-thirds to three-fourths of the net new jobs in the economy, produce 51 percent of the country’s private gross domestic product (GDP), and account for 47 percent of all business sales.” (Scarborough, 2011). It is the vision of Business Colorado Directory to grow and expand Colorado small business inter-independently with positive returns alongside global markets.
In conclusion, we hope to serve your needs and hope that you become active members in the business Colorado directory.com and help shape the future for all business in Colorado.
Article by Theresa Nielsen, founder of Colorado Small Business.org
Leebaert. Economic Perspectives (2006). How Small Businesses Contribute to U.S. Economic Expansion.
Scarborough, N. M. (2011). Essentials of entrepreneurship and small business management (6th ed.). Boston: Prentice Hall.