Why Shopping Local Matters

20. 01. 06
posted by: Super User
Hits: 591

We've all heard the term "Shop Local" but have you ever stopped to think how shopping local effects you and your community?  

When you shop at small/local establishments you are not paying towards bonuses for shareholders or for a CEO to buy his own jet.  Instead, you are paying towards ballet lessons, start-up costs, vet bills, local mortgage, etc. That, in itself, should motivate you to support your local businesses! In fact, for every $100 spent at a chain retailer, only $43 of those dollars stay within the local economy. For every $100 spent at a small/local business there is an astounding $73 that stays in and gets reinvested into the local economy.  

Local businesses also help create local jobs. According to the Bureau of Labor Statistics, small businesses have created 62% of all net new private-sector jobs. With numbers like these it is no wonder that many have been quoted saying "small businesses are the backbone of our economy."

While this next reason cannot be measured or proven, it is generally common knowledge that small/local businesses provide better and more comprehensive customer service. This is something that we strive for in our small business as we don't treat each customer like a number or a profit. We value and learn from each customer interaction and similar to most other small businesses we will cater to the customers need when at all possible.  

And lastly, and quite possibly the most important job of a small business, is creating a sense of community and uniqueness. When people get out and support local businesses they often get to know the owners/families/employees and a bond is formed. Trust is built within a community by simply having small businesses. By working with other small businesses you help to make your city/town/neighborhood/etc a destination and therefore bring more investments into the overall community!