--- title: Reasons To Support Small Business In An Economic Downturn description: Were you aware that small businesses create two-thirds of new jobs and deliver 43.5 percent of the United States' gross domestic product? Small businesses image: https://www.quikstonecapital.com/hubfs/shopping-6031282_1920.jpg --- [![Merchant Cash Advance](https://www.quikstonecapital.com/hs-fs/hubfs/_Website/Logos/Web-Combo-11.png?width=200&name=Web-Combo-11.png "Merchant Cash Advance")](https://www.quikstonecapital.com/) [![Merchant Cash Advances](https://www.quikstonecapital.com/hs-fs/hubfs/_Website/Logos/Web-Color2.png?width=738&name=Web-Color2.png "Merchant Cash Advances")](https://www.quikstonecapital.com/) # Merchant Cash Advance Blog # Reasons To Support Small Business In An Economic Downturn Posted by [Karen Erdelac](https://www.quikstonecapital.com/merchant-cash-advance-blog/author/karen-erdelac) on Jul 18, 2022 - [Tweet](https://twitter.com/share) ![Reasons To Support Small Business In An Economic Downturn](https://www.quikstonecapital.com/hs-fs/hubfs/shopping-6031282_1920.jpg?width=737&name=shopping-6031282_1920.jpg)Were you aware that small businesses create two-thirds of new jobs and deliver 43.5 percent of the United States' gross domestic product? Small businesses are the backbones of many communities, providing character and charm, as well as having a positive impact on the economy. ### Customer Service To a small business, your dollar means a lot more than it does to many box stores and corporations. Because your business means more to them, they will go the extra mile to make sure that their customers are satisfied by offering higher quality products and services and using compassion and kindness when and if an issue does arise. ### Local Economy Small businesses nationwide are owned by people from every walk of life. A new small business in your town will attract more businesses, bring in more tax revenue, and increase the property values of the properties around them. Small businesses are the foundation of not only the national economy but the local economy as well. ### Job Creation It is estimated that 60-70% of local jobs are provided by small businesses. When you support a small business, you are not only helping that business owner or proprietor, but you are also helping provide for the employees at these small businesses as well as their families. ### Environmentally Friendly When you buy products that are locally made, grown, or sourced, the impact on the environment is huge and allows for costs to be lowered. Local products do not need to be packaged and shipped, therefore reducing paper use, packaging use, and transportation. The footprint from these seemingly small reductions really adds up. Download our investment guide for great ideas to grow your small business! [![How Your Small Business Can Thrive In Any Environment](https://no-cache.hubspot.com/cta/default/311686/75f33ea3-4a2b-4547-a44c-2d8bfdd89295.png)](https://cta-redirect.hubspot.com/cta/redirect/311686/75f33ea3-4a2b-4547-a44c-2d8bfdd89295) #### Category/Topic - [Small Business (268)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/small-business) - [Restaurant (255)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/restaurant) - [Growing Your Business (191)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/growing-your-business) - [Funding Your Business (147)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/funding-your-business) - [Holiday (110)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/holiday) - [Merchant Cash Advance (93)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/merchant-cash-advance) - [Retail (70)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/retail) - [Business Cash Advance (59)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/business-cash-advance) - [Bakery (52)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/bakery) - [Specialty Retail (52)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/specialty-retail) - [Catering (49)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/catering) - [Salon and Day Spa (46)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/salon-and-day-spa) - [Auto shops (41)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/auto-shops) - [Grow Your Business (33)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/grow-your-business) - [Liquor Store (31)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/liquor-store) - [Marketing (25)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/marketing) - [Ecommerce (21)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/ecommerce) - [About us (20)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/about-us) - [Mobile (11)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/mobile) - [Cash for Businesses (10)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/cash-for-businesses) - [Dental Office (9)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/dental-office) - [Coffee Shop (8)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/coffee-shop) - [Veterinary (5)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/veterinary) - [PCI compliance (3)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/pci-compliance) - [Pool Service (2)](https://www.quikstonecapital.com/merchant-cash-advance-blog/topic/pool-service) [See More](https://www.quikstonecapital.com/merchant-cash-advance-blog/reasons-to-support-small-business-in-an-economic-downturn#) [![Alternative Funding](https://no-cache.hubspot.com/cta/default/311686/b9359813-7020-4f5e-828a-adacff883647.png)](https://cta-redirect.hubspot.com/cta/redirect/311686/b9359813-7020-4f5e-828a-adacff883647) [![Merchant Cash Advance](https://www.quikstonecapital.com/hs-fs/hubfs/_Website/Logos/Web-Combo-2.png?width=738&name=Web-Combo-2.png "Merchant Cash Advance")](https://www.quikstonecapital.com/) Quikstone Capital provides business loan alternatives to get your business the cash it needs to grow and prosper. [![](https://www.quikstonecapital.com/hs-fs/hubfs/_Website/Images/BBB1.png?width=180&name=BBB1.png)](https://www.bbb.org/west-florida/business-reviews/financial-services/quikstone-capital-solutions-in-tampa-fl-90026826) ###### Quik Links [Home](https://www.quikstonecapital.com) [Apply](https://www.quikstonecapital.com/apply-for-a-merchant-cash-advance) [Resources](https://www.quikstonecapital.com/business-funding-guides-case-study-white-paper) [Cash Advances](https://www.quikstonecapital.com/business-cash-advances-business-loan-alternative) [Blog](https://www.quikstonecapital.com/merchant-cash-advance-blog) [Privacy Policy](https://www.quikstonecapital.com/qcs-privacy-policy) [Terms Of Use](https://www.quikstonecapital.com/qcs-terms-of-use) ###### Contact Us [Quikstone Capital Solutions](https://www.quikstonecapital.com/) 1-866-456-5638 1-813-371-8233 4350 W. Cypress St., Suite 701 Tampa, FL 33607 ###### Stay Connected [** ** ](https://www.facebook.com/QuikstoneCapital/) [** ** ](https://twitter.com/QuikCapital) [** ** ](https://www.linkedin.com/company/quikstone-capital/)