http://www.trurodaily.com/News/Local/2013-07-11/article-3310828/Local-businesses-brace-for-impact-of-raceways-closure/1
Name of article: Local businesses brace for impact of raceway’s closure
Author: TDNRandi
Publication: July 11, 2013
Summary:
Katie MacDonald opened up a Green Hawk Harness and Equestrian Supplies store in Bible Hill, NS. The business was doing great and rapidly expanding with the majority of customers being from the Truro Raceway. The standard breed racers were a high percentage of Katie's store. However with the Truro Raceway closing and there being little to no standard breed racers, the business is quickly taking a negative turn. Katie originally opened shop in Halifax nine years ago and made a business move to Bible Hill due to the Truro Raceway being right there and opening her up to so much potential business. Which once looked like a smart business move is quickly turning around and no longer working in her favour.
Another man, Tom MacLean, manager of Clarence Farm Services Ltd., also stated his business as well is going to be harmed. He use to sell the track up to 150 tonnes of horse feed every year! That business is now gone.
Carolyn Scully, left, and Katie Hamilton
Employees at the Bible Hill Green Hawk store
Opinion:
The closure of Truro Raceway has harmed not only small local businesses but also large franchises such as Green Hawk Harness and Equestrian Supplies. I think it is very unfortunate that the equine industry can fluctuate to such an extreme. If a business person is in business for over 9 years and excelling, then makes an educated business move to move to another location and then impact such as a raceway closing damages its business to such an extreme, it very unfortunate. It goes so much deeper then financially hurting as a business. The jobs that will be lost due to the closing is impacting on everyone in the community, especially if its such a small community such as Bible Hill, NS. The jobs lost at both the raceway and the equine stores such as Green Hawk due to less hours being open and less of a need for staff. This isn't the first of track ways to close. Fort Erie for example closed its doors as well. Many other raceways have closed its door and stalls. Unfortunately when these events occur, it has a large impact on the equestrian world. The equestrian world is such a small knit community, that a ripple in the water can cause devastation further down the road. Sadly for Kim MacDonald, the ripple affect has impacted her tack shop business drastically as well as other local businesses.
Truro Raceway
Bibliography:
http://www.trurodaily.com/News/Local/2013-07-11/article-3310828/Local-businesses-brace-for-impact-of-raceways-closure/1
http://peicanada.com/sites/default/files/imagecache/thickbox_640x480/Truro_Raceway_Grandstand_Cover_Image_0.jpg
https://ieonline.microsoft.com/enablesuggestedsites.aspx
http://www.torontosun.com/2012/06/07/fort-erie-race-track-to-close
http://mageehistory.fws1.com/deanracing.jpg
Questions:
What do you think Kim should do to help her business bounce back from this unfortunate event?
Do you think Kim should have foreseen this event?
Do you think Kim should continue to keep her shop open in Bible Hill, NS or return to Halifax?
