May 1, 1996

Economic analysis reveals importance of small business

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What constitutes a small business? How important is small business in Larimer and Weld Counties? Has its role been changing in our economy?

Many questions and, we’re sure, many different opinions. We’ll present some data and let you use your own definition of what constitutes small

business. Where necessary, we’ll assume small business is defined by fewer than 50 employees.

The data we’ll use is from the 1991 County Business Patterns, matching the year of the impact model we are using.

In Larimer County, 96.3 percent of establishments had fewer than 50 employees, compared with 95.9 percent in Weld County. The…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
Categories: Columns
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