Small Footprint, Outsized Potential
Microbusinesses help strengthen, diversify local economy
by Amy M. Peters
Many of this area’s businesses are based in real estate, agriculture and tourism, but the tri-county region also brims with craft manufacturers. Smaller companies may be less well-known. But they are important, because they help strengthen and diversify the economy.
Big businesses are “very unstable,” said Paul Major, the Telluride Foundation’s executive director. “They get overconcentrated (and lack) diversity, so when commodity prices go down, they’re all standing with their pants around their ankles asking, what happened to our economy here?”