Why We Are Big Fans of Locally Owned Businesses

By June 5, 2018Uncategorized
Monkey Bizness Owners

One of our goals has always been to support owners of locally owned businesses.  Whether that be owners of a Monkey Bizness or partnering with other local businesses in our community, we are firm believers that local business owners are vitally important to healthy communities.

The Small Business Administration estimates there are over 28 million “small” businesses in the United States that are responsible for creating 63% of the new jobs.  When you think about this on a local level, you start to realize how important local businesses are.  Without jobs in local communities, it is hard for the community to do more than just survive.

Locally owned businesses build strong communities by sustaining vibrant town centers. They are often more aware and willing to support local causes.  Locally owned businesses recycle a much larger share of their revenue back into the community, therefore enriching the community as a whole. They are a big driver in moving families out of low wage jobs into the middle class or higher.

I look at a community that we just entered into, Sioux Falls, SD.  Sioux Falls is a great local community and one with a strong group of locally owned small businesses.  The community is constantly ranked highly in any survey that names the best places for families to live.  This is not a fluke…Sioux Falls is a proud community where local business owners and leaders have led the way to create a vibrant job scene.  As a result, the community is remarkably resilient in times of economic downturn.

Monkey Bizness is lucky to have a great group of owners.  One such owner has a special level of dedication to their community. They have used Monkey Bizness as a launching pad to not only provide a safe and fun family place within their community, but they use it to help other like-minded organizations in their community.  They work hand in hand with other local business owners to create a better community. They work closely with local non-profit organizations on toy, food, and school supply drives.  They have a reading program with local schools to reward children for reading.  This past year, the owner started their on 503(c) organization to further their charitable mission.  They also mentor other local business owners in their community who are just starting out. On top of this, they employ 9 people in the community.  We could not be prouder to have owners like this in our system.

We believe we have a solution to help aspiring entrepreneurs who want to be an influential leader in their community.  We talk with many people who have dreams to have a family owned business that is active in their community.  We look to provide the systems and support to help them accomplish their goals even if they may not have the background or experience at first.

To learn more about Monkey Bizness, reach out to us.  We are looking for 1-2 franchisees a year that are aligned with our goals and mission.