Business initiatives for small towns and villages.

Business initiatives usually start small.

What if you produced beer locally and kept the money locally so that retail could stay local? When you can, everybody might start to understand that it’s not us versus them; the business initiatives count. Thriving communities are those that help each other adapt to wants and needs.

Do you need help deciding or seeing a clear pathway to move forward beyond the recent COVID-19 pandemic? The concept of import replacement is a community-specific version of the broader economic notion of import substitution.

The core problem is that the community generally does not produce its goods locally for local populations. Face masks are just one product getting all the attention now, and our mask shortage has undoubtedly accelerated the spread of the virus.

Business initiatives are needed to lift regional communities.

One problem in Australia is that it is such a geographically vast country with variable climates, growing seasons, and resources.

Consequently, you can not manufacture or produce all products near where people need them, which creates costs of producing, developing, and transporting everything from vegetables to medical equipment across thousands of kilometres. 

I think what we’re seeing, especially now, is the need to adapt, examine our existing resources, and identify entrepreneurs, champions, and advocates for locally based companies.

Knowledge and business initiatives create independence.

We have become so dependent on outside forces that we export hard-earned money to them.

Bringing back the goods and services communities need while building up and keeping wealth within those communities must become a high priority. Re-localisation can become a reality.

Government and community leaders must avoid the temptation of considering short-term solutions to what is already becoming a long-term problem.

Quotable Quotes.

 “Supporting individuals working remotely, along with business innovation initiatives, is key to future-proofing your regional, rural or remote town or village”. Peter Sergeant.

“Entrepreneurship is the best hope for building better regional, rural and remote communities in a slump or after adversity”. Peter Sergeant

Leave a Comment