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What It’s Like to be Worth $50M in a 2400 Person Town
MoneyWise
Community and Connection: The Joy of Small Town Business Ownership
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Owning a business in a small town fosters a genuine sense of community and connection. Lower living costs allow for unique family experiences, such as children being involved in hands-on activities like maintenance and socializing within the workplace. The profound impact of local business ownership is illustrated through the pride and joy derived from empowering employees and creating job opportunities, which are vital for community wellbeing. A small town business can positively influence the lives of employees and their families, enabling them to achieve stability, homeownership, and quality of life while fostering meaningful relationships through direct interaction. In contrast, running a business in cities with high living costs poses challenges in supporting employees financially, diminishing the ability to provide similar benefits and connections. The emotional satisfaction that comes from being responsible for local employment and contributing to the community’s prosperity is unparalleled, highlighting the importance of small-town dynamics in business ownership.
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