Spend your money locally.

Local businesses are the foundation of our community. They provide jobs, services and tax revenues. In addition, money spent at locally-owned businesses stay in the local economy. So whenever you are making a purchase, ask yourself if you can buy it from a locally-owned business.

“Top 10 Reasons to Support Locally Owned Businesses”
(The Institute for Local Self Reliance, © Institute for Local Self-Reliance.)

  1. Local Character and Prosperity
    In an increasingly homogenized world, communities that preserve their one-of-a-kind businesses and distinctive character have an economic advantage.
  2. Community Well-Being
    Locally-owned businesses build strong communities by sustaining vibrant town centers, linking neighbors in a web of economic and social relationships, and contributing to local causes.
  3. Local Decision-Making
    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.
  4. Buying items from local businesses affects our economy, our community and our environment.

  5. Keeping Dollars in the Local Economy
    Compared to chain stores, locally owned businesses recycle a much larger share of their revenue back into the local economy, enriching the whole community.
  6. Jobs and Wages
    Locally-owned businesses create more jobs locally and, in some sectors, provide better wages and benefits than chains do.
  7. Entrepreneurship
    Entrepreneurship fuels America’s economic innovation and prosperity, and serves as a key means for families to move out of low-wage jobs and into the middle class.
  8. Public Benefits and Costs
    Local stores in town centers require comparatively little infrastructure and make more efficient use of public services relative to big box stores and strip shopping malls.
  9. Environmental Sustainability
    Local stores help to sustain vibrant, compact, walkable town centers-which in turn are essential to reducing sprawl, automobile use, habitat loss, and air and water pollution.
  10. Competition
    A marketplace of tens of thousands of small businesses is the best way to ensure innovation and low prices over the long-term.
  11. Product Diversity
    A multitude of small businesses, each selecting products based, not on a national sales plan, but on their own interests and the needs of their local customers, guarantees a much broader range of product choices.

How to support local businesses:

First and foremost, support the small, locally-owned business over the large, big-box retail stores (such as WalMart and Home Depot). You might spend a bit more money, but know that your hard-earned dollars are staying in your community.

  • Know what businesses are in your community and what they offer.
  • Spend a day walking along your main street or other area of commerce and visit the shops you pass by.
  • Hire local contractors: plumbers, painters and such. They are local businesses as well and they have a local reputation to uphold.

First steps:

Get to know what is available locally and make a conscious effort to buy what you need in your home town before driving elsewhere.

Leave a Reply