As we approach National Mom and Pop Business Owners Day on March 29th, we’re reminded of the value that family-owned small businesses bring to their communities. Our economy couldn’t run without small mom and pop businesses. They create economic growth and provide almost 70% of all new jobs in the country. That’s why every year on March 29 we acknowledge the more than 27 million small businesses in this country by celebrating National Mom and Pop Business Owners Day! The holiday was established by Rick and Margie Segel in honor of their parents and the successful hat shop they opened in 1939 and grew into a 10,000 square foot, $2 million dollar clothing shop. It is a special day to appreciate the long hours, hard work and dedication it takes to run a small business. So on March 29th, head to your favorite small business to say thank you!
Why We Love National Mom and Pop Business Owners Day
- They make shopping personal
Finding that particular shop where they know you and understand what you need can make any day just a little brighter. Mom and pop businesses take a special interest in making sure their customers have a unique and enjoyable experience. They care about their customers in a way few large retail chains can by providing superior and personal customer service.
- They support the community
Small businesses have a real impact on their community by providing neighborhood jobs and recycling the money they earn back into the local economy. So, by spending your dollars at a mom and pop establishment, you can make a real difference.
- They provide a unique experience
Mom and Pop shops bring fresh ideas to the marketplace. In today’s economy, when you can find the same products in every Big Box in every city, it’s refreshing to find something new which everyone else hasn’t discovered yet.
How to Celebrate National Mom and Pop Business Owners Day
- Shop local
Support the small business in your community by searching them out and frequenting them often. Hear about an interesting local spot? Go on an adventure to check it out, then tell all your friends!
- Use social media
Most small businesses are happy to get a little extra attention. Make sure to follow your favorites on all their social media platforms and promote them whenever possible.
- Write a “thank you” note
Running a small business is really hard work. If there’s a special Mom and Pop shop you care about, take a moment to write a note to let the owners and employees know how much you appreciate all the effort and care they put into making your experience wonderful.
Spearfish Economic Development Corporation is proud of the many family-owned businesses that call Spearfish home!
SEDC: Putting SERF dollars to work for our community
Spearfish Brewing Company opened for business in February of 2018 and the community reception has been tremendous. General Manager Jon Marek says the community vibe made Spearfish a natural choice to locate he business.
“You could tell that everyone was really dedicated to growing and building the business here in Spearfish – especially this downtown area feels really vibrant.”
Spearfish Economic Development played a role in helping make those designs a reality with a $100,000 Spearfish Economic Revolving Fund – or SERF – loan. SERF loans are low interest loans with funds originating from the City of Spearfish. The application process is facilitated by Spearfish Economic Development who review applications and make final recomme
ndations for approval to the city council.
In the case of Spearfish Brewing Company, the funds were used to put in the 18-handle draft system with the majority of the funds being used to purchase state-of-the-art equipment in the brew house. SERF loans are designed to help new businesses get started in Spearfish – or to help existing local businesses expand. SEDC Executive Director Kory Menken says Spearfish Brewing was the perfect candidate for a SERF loan – criteria being a business that produces a product or offers a service, will create local jobs and will contribute revenue to the local tax base.
For both Jon and Nathan, brewmaster, the invitation to move to the Spearfish community was an easy choice. It meant the opportunity to open a brewery in a business-friendly community and the chance to enjoy its unique quality of life as an outdoor recreation destination.
“When the opportunity to move to move to Spearfish came up it was a personal dream of mine. I love the canyon, I spent years climbing in the canyon and Devil’s Tower is right next door. I think it’s become evident to me over the last 2-3 months just why Spearfish is the perfect place to build a brewery. The kind of support that locals have for dining, the plays for local bars, they receive a lot of support, even during the off-season for tourism. Locals like to get out and enjoy and support local businesses. A second brewery in this town, and even a third one coming are only going to help bring interest to this part of the Black Hills to check out a new place to drink and to eat and be a part of the Spearfish culture. This town is really just a great business place.” says Jon.
For more information on the SEDC’s loan programs, contact Spearfish Economic Development Corporation at (605)642-3832.