There is no denying that everyone has their favorite restaurant or shop that is unique to their hometown or community. Locally owned businesses and companies offer many benefits to the community and really are the backbone of a community. Here are four great reasons to support your local businesses.
1. More Money Stays In the Local Economy
When you purchase products or services from a locally owned company, more of the money stays in the local economy through payroll, taxes and the people who make the money are more likely to spend it at a local shop. Recently, Cinda Baxter has founded the 3/50 project which encourages people to support local by showing how much revenue it creates within the community.
2. Local Non-Profits and Charities Receive Larger Donations
Local businesses are more likely to donate to local charities or non-profits which will affect you directly. It is shown that local charities receive more donations from small independent businesses than large national companies.
3. Adds Character to the Community
One of the absolute best reasons to support local is the fact that it adds character and charm to a community. Everyone remembers going to their favorite restaurant or store that can only be found in their town. Small independent places add life to the community by offering not only something different but a flare that cannot be found anywhere else.
4. Local Businesses are More Likely to be Invested in the Community
Since the people that own and work at these types of places live in the community, they are more likely to be involved and invested in the community. These people are neighbors, friends, and people who care about the community and want to support and grow the community. They are also more responsive to the needs of the community as they know what people want, need and will buy.
Local businesses such as Next Day Blinds, support the community in many different ways and in return it a good idea to support them as well.