In May, the Greater Fayetteville Business Journal celebrated small business month and Mother’s Day! In an effort to further recognize both of these important events, we have assembled a few stories highlighting working mothers and “mom-owned” small businesses.
Small businesses represent almost half of the workforce in the entire US and 43 percent of the GDP. Many of these businesses are owned and operated by families who strive to provide for their children and their employees’ needs. The success of these businesses is a very significant part of the social fabric of our country. Without small businesses, many would be unemployed and unable to make ends meet.
Speaking of making ends meet, it is estimated by Forbes that more than 65 percent of the workforce today is one paycheck away from becoming homeless. And from there, it only gets worse. Thirty-eight percent of the homeless population become alcoholics and 26 percent become addicted to drugs. Another 63 percent become involved in criminal activity.
At the next Power Breakfast, we will hear from some organizations on the front lines of this battle, trying to stem the tide. Aside from the altruistic aspects of businesses getting involved in this fight, there are some very important and even practical reasons why this community should become more active. And we will hear about some of these at the Power Breakfast. Business owners, entrepreneurs and leaders can make a difference! However, it will take an injection of empathy and compassion, coupled with cooperation and common sense. We cannot leave these problems alone in hopes that the government or religious institutions will try to solve them.
I hope you will plan on joining us on Tuesday, June 18 at 7:30 a.m. at the Cape Fear Botanical Garden.
God bless you and yours!
Welcome to the 118th issue of Greater Fayetteville Business Journal, or Volume 4, No. 22 as we like to call it on the front page. None of these numbers really have much relevance unless you have been there from the beginning and have an understanding
The FCEDC is requesting the public's help in filling out this survey to ensure our voice is heard. Graphic provided by FCEDC.The North Carolina Department of Transportation is looking for input on a connected route that would link several centers of
Downtown business owners and organizations gathered for the Joint Quarterly Meeting organized by the Downtown Alliance of Fayetteville and Cool Spring Downtown District on Wednesday, April 17 at the Volta Space. It’s been a busy few months for t