The Christmas rush is over and we are hunkering down waiting on the onslaught of bills to arrive in the post of online. However, we still have expenses that need to be met, so why not give your local business a boost.
When you shop at a local business, you're not just making a purchase you’re investing in your community. Every dollar you spend helps support local jobs, community events, and the unique character of your town. For example:
• A little girl can take dance lessons.
• A family puts food on the table.
• A student pays for college.
Studies show that for every $100 spent at a local, independent business, up to $63 is recirculated in the local economy, compared to only $14 when spent at multinational corporations. This money returns to your community through charitable donations, taxes, job creation, and local supply chains.
Local Spending: A Ripple Effect Local businesses have an outsized impact on job creation and economic growth:
• Local retailers re-circulate 45% of their revenue compared to 17% for chains.
• Local restaurants re-circulate 65% versus 30% for chain counterparts.
• Local suppliers re-circulate 33%, significantly more than 19% by large companies.
The Power of Local Ownership Locally owned businesses:
• Employ local residents and contribute to community stability.
• Support local charities, sports teams, and cultural events.
• Prioritize purchasing from local suppliers, keeping money in the region.
By choosing local businesses, you contribute to a vibrant, sustainable community. Let’s keep our towns unique, connected, and thriving—one purchase at a time.
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