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Entrepreneurs fare well by doing good. These capitalists want artisans of their products to share in profits

February 24, 2006 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

Teresa Fritschi seeks out artisans in hidden corners of Scotland, pays generously for their lambs-wool blankets, Orkney driftwood chairs and organic-tweed jackets and peddles their indigenous craftsmanship to a far-flung audience over the Internet.

James Potemkin is a kindred spirit who specializes in selling the rugs, furniture and art he finds in rural Mexico and Guatemala. And Raquel Marchenese fills up her One World Goods store with onyx from Pakistan, scorched gourds from Peru and scented soaps from a women’s cooperative in Chicago.

They are a new breed of kindhearted capitalists: In a cutthroat global economy, they not only pay their suppliers more, but also help them ring up extra sales by tacking on comparatively low markups.

By BEN DOBBIN
THE ASSOCIATED PRESS

Full Story: http://seattlepi.nwsource.com/business/260730_kindercapitalists24.html

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Big Sky Commerce is an integrated provider of merchant credit card transaction processing services, check processing services, Internet payment gateways, related software application products and value-added services.

For over 25 years, Montana World Trade Center® has served Montana as a trusted business adviser.

For over 25 years, Zoot Enterprises has been a global provider of advanced origination, acquisition, and decision management solutions.
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