Economic courage could be defined as a leader, a business, nonprofit and or organization that, while facing economic uncertainty and a radical retraction of “business as usual,” took extraordinary steps to provide a service, a product, and or a support service that made a positive impact to the community and or employees of their organization. These individuals took economic risks to continue providing a service, product and or resource in the face of unprecedented economic uncertainty. Showing the ability to adapt, change and thrive during uncertainty. The Thurston EDC awarded Economic Courage Awards at the Hootenanny on July 19.
Learn more here: https://thurstonedc.com/hootenanny/.
During the past year, Precisely Right Accounting showed Economic Courage, and they have been nominated for an Economic Courage Award.
We asked owner Cynthia Knapp to answer some questions about the past year and how the business took extraordinary steps to impact our community positively. Her answers are below.
Thurston EDC: What year was your business/organization established?
Cynthia: The business was established on October 18, 2015.
Thurston EDC: How many employees do you have?
Cynthia: Before the pandemic, I had five employees; now I have one (plus me).
Thurston EDC: Is your reach local, regional or national?
Cynthia: The reach is strictly local.
Thurston EDC: What does your business do? What services do you provide?
Cynthia: I work exclusively with small businesses providing bookkeeping, payroll and tax preparation services.
Thurston EDC: What specific niche does your business fill in this community?
Cynthia: The niche is entrepreneurs. All my clients are locally owned and operated.
Thurston EDC: What are some key elements you attribute to your business’s success?
Cynthia: Some key elements include kindness, patience, respect, flexibility, knowledge and professionalism.