May 21 2013
Evergreen Cooperatives, a Cleveland-based organization designed to help spur economic growth and nationwide job creation, recently received praise from government officials for its efforts to generate small business development strategies. According to a recent guest blog in the New York Times, the company was called out by Federal Reserve Board member Sarah Bloom Raskin and referred to as having established an effective local business growth model that other areas should follow.
It is an important time for small businesses, given the current economic landscape and the mindset that typically separates small companies from their larger counterparts. Nancy Folbre, an economics professor at UMASS Amherst and author of the piece, said that the economy will struggle if assistance typically reserved for larger organizations is not provided to small businesses.
"Currently, the businesses best able to garner generous grants and tax incentives by promising to create jobs within specific political boundaries are large, mobile corporations that can pit communities against one another, demanding ever-higher subsidies," Folbre wrote.
She went on to say that while a shift in attitude pertaining to job growth is slow, positive results can already be seen across the country. Alternative economic strategies are catching on in various areas, and Evergreen Cooperatives is being viewed as a leader in small business growth initiatives.
Should Evergreen's efforts continue and small local businesses keep growing, they will want to ensure they are equipped with the solutions and services needed to accommodate any new challenges. Working with a Cleveland logistics company will help ensure small local businesses will be prepared to meet new requirements and manage operational changes.