Columbia small businesses optimistic for the future

2 years 5 months 2 weeks ago Thursday, July 02 2015 Jul 2, 2015 Thursday, July 02, 2015 1:10:00 PM CDT July 02, 2015 in News
By: Krista Gmelich, KOMU 8 Reporter

COLUMBIA - Small businesses are still on the slow road to recovery after a recession six years ago. But one Columbia business owner said things are looking up.

"I'm very optimistic.  My son just graduated from culinary school so I'm very optimistic that he's going to open up his own restaurant," said Kim Perry, owner of Ms. Kim's Fish and Chicken Shack.  "Matter of fact, in this plaza we've got a new bakery going in, we've got a gentleman with a food truck going in, we've got a dress store that's going in so I see more businesses coming in."

Perry's restaurant isn't the only business showing signs of optimism. Wells Fargo and Gallup released a report earlier this year with some good news: small business optimism climbed to a post-recession high at the beginning of 2015.

Although the number has dipped since January, businesses like Ms. Kim's Fish and Chicken Shack are still feeling positive.

"We are seeing that a lot in Columbia and nationwide as I talk to my colleagues around the nation in other chambers, they're seeing the same trend," said Matt McCormick, president of the Columbia Chamber of Commerce.

While the overall outlook for businesses is good, Wells Fargo and Gallup did mention small businesses are still struggling with hiring.

The most recent survey showed 78% of businesses are not hiring.  Business owners report the inability to provide competitive benefits, full-time status, and perks like laptops makes hiring difficult.

Some business owners, like Perry, are holding off on hiring for another reason.

"I had 35 plus employees at the big location. I loved them all, I enjoyed them, but I like my small guys," Perry said. "I do, I like that it's more personal."

In addition to creating a family-like feel at the restaurant, Perry said keeping a smaller amount of employees helps keep costs down.

And McCormick said he's noticed the same trend as small businesses aren't just hiring to hire.

"What we are seeing is people being more responsible with their financial and budgetary process as they're putting their budget together for their business and doing smart growth," McCormick said. "If you will, they're growing in a smart way."

For small businesses in Columbia looking to boost hiring or to grow in other ways, the Columbia Chamber of Commerce partners with groups to offer a variety of resources.

McCormick encourages businesses to participate in programs like SCORE, where former CEOs and other executives mentor start-ups and small businesses for free.

As for Ms. Kim's Fish and Chicken Shack, Perry said she's focused on both stability and growth right now.

"I'm very optimistic. I'm not saying because of the way things were. I'm saying the way things are going to be," Perry said. "That's how I set myself because I still have dreams and plans."

For the Wells Fargo and Gallup 2015 small business index infographics, follow these links:

Quarter 1
Quarter 2

 

More News

Grid
List
COLUMBIA - Power was restored to 1,922 Columbia customers, according to Columbia Water & Light. The outage affected customers... More >>
4 hours ago Sunday, December 17 2017 Dec 17, 2017 Sunday, December 17, 2017 10:35:00 PM CST December 17, 2017 in News
CAPE GIRARDEAU (AP) — A Cape Girardeau man will likely spend the rest of his life in prison for shooting... More >>
7 hours ago Sunday, December 17 2017 Dec 17, 2017 Sunday, December 17, 2017 8:00:30 PM CST December 17, 2017 in News
COLUMBIA - Three years after picking up a disc for the first time, Cynthia Riccotti is thriving in her quest... More >>
8 hours ago Sunday, December 17 2017 Dec 17, 2017 Sunday, December 17, 2017 6:25:00 PM CST December 17, 2017 in News
TIPTON - A family is trying to recover after losing everything in a house fire, and with help from the... More >>
10 hours ago Sunday, December 17 2017 Dec 17, 2017 Sunday, December 17, 2017 5:20:00 PM CST December 17, 2017 in News
BOONE COUNTY - A boil advisory is in affect for Water Supply District No. 10 in Boone County. According... More >>
10 hours ago Sunday, December 17 2017 Dec 17, 2017 Sunday, December 17, 2017 5:18:00 PM CST December 17, 2017 in News
CAMDEN COUNTY - A Kansas City woman has been arrested in connection with a fatal car crash in Camden County... More >>
10 hours ago Sunday, December 17 2017 Dec 17, 2017 Sunday, December 17, 2017 4:48:00 PM CST December 17, 2017 in News
KANSAS CITY (AP) — Area educators are opening up the topic of teen suicide for discussion after seeing deaths rise... More >>
11 hours ago Sunday, December 17 2017 Dec 17, 2017 Sunday, December 17, 2017 4:07:00 PM CST December 17, 2017 in News
JEFFERSON CITY - The first ever "Christmas Countdown" Sunday is giving Jefferson City an opportunity for some last minute Christmas... More >>
17 hours ago Sunday, December 17 2017 Dec 17, 2017 Sunday, December 17, 2017 9:21:00 AM CST December 17, 2017 in News
COLUMBIA (AP) — Police say they have arrested a man charged in an August quadruple homicide that occurred in... More >>
1 day ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 11:15:00 PM CST December 16, 2017 in News
NEW BLOOMFIELD - A two-vehicle car wreck Saturday left one dead and two others injured, according to the Missouri State... More >>
1 day ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 8:15:00 PM CST December 16, 2017 in News
COLUMBIA - An event in Columbia today addressed the prevalence of gun violence and misuse of firearms by offering gift... More >>
1 day ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 8:04:00 PM CST December 16, 2017 in News
COLUMBIA – A six-year-old held a hot chocolate stand Saturday outside of a Hy-Vee in Jefferson City to help two... More >>
1 day ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 6:51:00 PM CST December 16, 2017 in News
COLUMBIA - The Wyss Medical Foundation donated $2 million to the Missouri Orthapaedic Institute for the work of lead orthopaedic... More >>
1 day ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 5:05:00 PM CST December 16, 2017 in News
COLUMBIA - On Friday, the Columbia Police Department inducted eight new recruits, the largest class of officers in years. ... More >>
1 day ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 4:03:00 PM CST December 16, 2017 in News
COLUMBIA – A new roundabout may be coming to Columbia on one intersection that may cause drivers trouble. The... More >>
1 day ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 3:55:00 PM CST December 16, 2017 in News
JACKSONVILLE - An estimated 400 people attended a wreath laying ceremony Saturday at the Jacksonville State Veterans Cemetery. It... More >>
1 day ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 3:31:00 PM CST December 16, 2017 in News
COLUMBIA – Graduation day is long awaited by many and Amy Kiso Bledsoe is no exception. Bledsoe was... More >>
1 day ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 2:47:00 PM CST December 16, 2017 in News
ST. LOUIS (AP) — As Missouri struggles with the epidemic of opioid abuse, no place in the state has been... More >>
1 day ago Saturday, December 16 2017 Dec 16, 2017 Saturday, December 16, 2017 1:10:14 PM CST December 16, 2017 in News
Columbia, MO
Broken Clouds 44°
4am 44°
5am 44°
6am 42°
7am 41°

Select a station to view its upcoming schedule:

Coming Up Next

3:00a
Early Today
3:30a
Early Today
4:00a
Early Today
3:00a
Paid Program
3:30a
Paid Program
4:00a
Paid Program

Tonight's Schedule

7:00p
The Voice
9:01p
Ellen's Game of Games
7:00p
Popstar's Best of 2017
8:00p
The Hollywood Walk of Fame Honors 2017
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld