Wonder why shopping small business matters? In these economic times shopping small business matters more than ever. The economy appears to be on the rebound but the key to the continual growth of the economy is with small business. Small business makes up about half of the national GDP along with employing half the workforce. According to the National Economic Council, small businesses accounted for two out of every three new jobs created between 1990 and 2010. Thus small businesses play a crucial role in providing jobs and growing the economy. They added a total of 2.5 million new jobs between 2005 and 2006, according the U.S. Small Business Administration. If that does not convince you why you should be supporting small business then maybe some of these will.
Local Businesses keep dollars within the local economy. Local business build a stronger community. Small businesses traditionally have more character than box box stores as well and add more character to shopping areas. 89% of consumers believe small businesses contribute positively to their communities.
Businesses owned locally means that the people who live in that community are involved in the decisions that affect that community. Small business owners care about their community and their community should care about their small businesses.
Local businesses create local jobs. More jobs means a thriving community. The statistics on the number of jobs small business provides nationwide is staggering but consider how small business also affects your local economy. Figures show that small businesses create 75 percent of the new jobs in our economy.
Entrepreneurship is the heart of the country and in order to continue the American dream we must keep small businesses alive. Many people have come to this country over the years to share in this American dream of starting a business. By fueling small business we are also fueling this dream.
In this day and age we want everything as fast and as easy as possible. Shopping the big box stores is the easy decision, you know what to expect and they have everything you need all in one place. Shopping small business might take more time and even more money sometimes but if you consider what you are giving to that specific local business, your local community, and the county then it will seem like a lot more than a shopping excursion.