Revitalizing Rural Communities by Being Reasonable
Rural Communities are in dire need of revitalization. It may come in the form of many activities that once fueled the local economy and enabled the household to function.
There is an abundance of small business opportunity in Rural Newfoundland & Labrador, including the Great Northern Peninsula. We just have to be Reasonable as the small business from Kinsale suggests.
The Town of Kinsale has 5,000 people, yet has an abundance of small business. Beyond the influx of tourists, the residents support their local entrepreneur. Today on CBC Radio‘s Morning Show restaurant owners were discussing the difficulty of obtaining quality product locally. They discussed the importance of buying local and trying to establish a network to bulk purchase the goods they need, so that each business can benefit. Although, they offer food services, they are not competitors when it comes to obtaining the basic need, as all have the same request for high quality product. Without it, they may all fail.
There are benefits to establishing stronger networks with current businesses. Co-operation can help reduce ever rising transportation costs and increase the quality of the product. As well, current business can extend services themselves or work with upcoming entrepreneurs. They may wish to lease space at their storefront that could be better utilized to create more in-store traffic. This reduces the operating and start-up costs of both. There are creative ways to increase sales and new technologies to help facilitate this process. It would be wonderful for more communities of the Great Northern Peninsula to get access to Broadband Internet.
Some of these opportunities would be ideal for part-time workers, even those semi-/retired or a senior wishing to earn a subsistence income to combat rising living costs on a fixed income. They may include facilitating workshops by passing on traditional skills to locals and tourists, training a team to create unique products. The creation of bulk products could establish small cottage industries that can sell enough volume into a global niche marketplace, gaining higher yeild for product.
We are surrounded by a pool of entrepreneurs, from fishers, farmers, foresters, crafters and hobbyists. There is a vast skill set that exists with those who live on the Great Northern Peninsula and those who are not residents. We are able to create new businesses based on these opportunities, thus in turn, would be able to support others and buy local – because the opportunity now exists.
A Reasonable idea has the potential to start Rural Revitalization. Let us consider our current offering, evaluate the opportunity and take action today!
Live Rural NL –
Christopher C. Mitchelmore
- Community Control of Resources Leads to Greater Success in Rural Newfoundland (liveruralnl.com)
- Transition Towns?…the future for Rural Newfoundland (liveruralnl.com)
- What to do about aging small business owners? (smallbizsurvival.com)
- Where are our Local Farmer’s Markets? (liveruralnl.com)
Posted on May 22, 2011, in Business, Community Economic Development and tagged business, CBC Radio, Great Northern Peninsula, Kinsale, Local purchasing, Newfoundland & Labrador, Small business, Transition Town. Bookmark the permalink. 4 Comments.