Support Local Businesses
Posted on 07. Feb, 2010 by Lawrence Lewis in Lawrence Lewis
It might seem easier to run out to the supermarket or order items online– but think about the impact before choosing national or international businesses over local retailers. Small businesses give back to the community in wages, municipal taxes and purchases from other neighborhood businesses. During an economic downturn, buying goods from neighborhood businesses supports the entire community.
When you visit your locally owned stores you’ll find them to be quirky, stylish or down-home, an irreplaceable element of the urban aesthetic – the face of your community. Local retail doesn’t just liven up neighborhoods with active storefronts; it also boosts the local economy by recirculating income by paying local employees and patronizing nearby suppliers. Independent shops keep money flowing locally.
Advocates of independent merchants also emphasize that local shopping boosts funding for infrastructure and other local services by increasing local and state tax receipts. There is evidence that supports the notion that for every $100 spent in locally owned independent stores, $68 returns to the community through taxes, payroll and other expenditures. If you spend that at national or international chain on about $40 stays in Campbell River.
Besides entertaining the vague notion that you’d like to do more to patronize local shops, what can you do? Here are five ways to help your local favorites, while getting the good value that most of us require these days.
- Visit an independent before heading for a big box
- Patronize local merchants who add value
- Hold the plastic and pay cash
- If your city has a local currency, use it
- Beware “local-washing” or questionable claims of locally produced merchandise
Shopping locally will also not only get you in to some stores with great merchandise, you’ll also get to meet the people who typically are the foundation of your local community – get to know them!
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