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Headed Home

In the face of a regional slowdown, Jamie Merida went back to where he started.

This story appears in the April 2008 issue of Entrepreneur. Subscribe »

In 2001, when Jamie Merida expanded Bountiful, his successful furnishings and design , from its in tiny Easton, Maryland, to Naples, , it was the height of Florida's go-go market. "We rode the wave, but I always had my eyes peeled for storm clouds," Merida says. After limping through a ho-hum season, Merida adjusted to the realities of the region's economic slowdown and shuttered his Naples outpost in 2007. "I took the opportunity to rethink the business," he explains. "I decided I didn't need a bunch of shops up and down the --with all the stress and travel that requires. Instead, I wanted Bountiful to become a destination of excellence."

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