10 Reasons To Support Local Small Businesses

Posted by Karen Erdelac on Jul 13, 2018

10 Reasons To Support Local Small BusinessesSmall businesses are the driving force behind the American economy and as such it is of vital importance that consumers make an effort to support them.  While the convenience of shopping at a large box store or the predictable quality of a chain restaurant can be appealing, making the decision to buy locally not only benefits your local economy, it can provide a myriad of other benefits to your community.  Additionally, the items you purchase are often unique and the customer service you receive tends to be far superior to that of large chains. 

1. “When a consumer buys local, significantly more of that money stays in the community. In fact, one Chicago study found that for every $100 spent at a local business, $68 remained in the city while only $43 of each $100 spent at a chain retailer.”– Entrepreneur

2. “By doing so, you’re directly putting money back into your own community. You’re funding great ideas and ventures that can only exist outside of mainstream, corporate chains.” - Tamara Santibanez

3. “Commercial purchases go further when they're made locally, helping to create more jobs, reinvest more dollars into the local economy and show more Americans what small businesses are all about.” – Business.com

4. “Local First Arizona, a nonprofit supporting local business in the state, estimates that a community of half a million people could create $53 million in new wages if they shop small.” – Go Banking Rates

5. “Local ownership ensures that important decisions are made locally by people who live in the community and who will feel the impacts of those decisions.” - ILSR

6. “You can get away from the mass-produced items found at big box chains by shopping at an independent retailer. You’ll be able to find locally made gifts that are perfect for your significant other or enjoy a one-of-a-kind specialty drink at the local watering hole.” – Co-op Credit Unions

7. “Many independent business owners give back to their community and donate to local causes. Is there a local cause that you support? I bet you’ll find a number of business owners in town have made donations to the cause. Supporting them helps them support the local causes you are passionate about.” – Erin Sweeney Design

8. “Small business owners strive to survive and one of the biggest advantages they have over large retailers is the ability to provide more personable, hands-on, and memorable customer service.” - Fivestars

9. “Independent retailers return more than three times as much money per dollar of sales to the community in which they operate than chain competitors. Independent restaurants return more than two times as much money per dollar of sales than national restaurant chains.” – Mass.Gov

10. “Human beings seek a feeling of belonging and familiarity in the towns in which they live. It is only natural to seek connections with those we share our neighborhoods with. It’s always a comforting feeling to see that poster of the local Little League team in the coffee shop window.” – Our Town America

Help your local small businesses grow by passing along our Small Business Investment Guide to your favorite retailer, restauranteur, baker or salon owner today!Small Business Investments

Topics: Salon and Day Spa, Bakery, Restaurant, Retail, Small Business