Think of something you need and get it at a local shop. By local, I mean any business that someone can easily get to by walking, driving a few minutes or by taking the bus.
Small businesses are the backbone of the economy. Yet, as we become global consumers – shopping at the big box chains and online – it’s easy to forget how important small, local businesses are to our collective well-being. It’s time to make buying local a conscious part of our daily routines, like going to the gym — something you do because of its benefits.
Here are a few things to consider:
Communities that sustain one-of-a-kind businesses maintain a distinctive personality.
Strengthen Local Economy:
Locally-owned businesses recycle a larger share of their revenue back into the local community.
Linking businesses and consumers together contributes to a community’s vision to sustain a growing local economy.
More Consumer Choice:
A wide variety of businesses creates greater choice for everyone.
Local Purchasing Power:
Important purchase decisions are made locally by people who live in the community.
Locally-owned businesses employ more people and create more jobs locally.
Local stores require little infrastructure compared to big box stores. They typically take up less land, and are located closer to residents—creating less traffic and air pollution.
A marketplace of small businesses is the best way to ensure innovation and low prices in the long-term.
Invest in Community:
Local businesses are often owned by people who live in the community and are more invested in the community’s future.
Spending locally creates the Local Multiplier Effect, which has a lasting impact on the prosperity of local residents.