Why this, why now? “Small businesses account for 75% of all new jobs in America.” Source: U.S....
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Transcript of Why this, why now? “Small businesses account for 75% of all new jobs in America.” Source: U.S....
Why this, why now?
“Small businesses
account for 75% of
all new jobs in
America.”
Source: U.S. Chamber of Commerce – Small Business Nation
“Spend $100 at an independent
business and $68 returns to the
local community. Spend $100 at a national chain and only $43 returns to the
local community.”
Source: Civic Economics – Andersonville Study of Retail Economics
“Small businesses
reinvest in the economy at a 60% higher
rate than
chains.”
Source: Civic Economics – San Francisco Report on Retail Diversity
“If every family in Hampton
Roads spent an extra ten bucks locally, over $51 million would be returned to the
local economy.”
Source: Based on Civic Economics Andersonville Study of Retail Economics finding: When you spend $100 at an independent business, $68 returns to the local community versus $43 when spent with a national chain. Based on U.S. Census 2009 American Community Survey estimate of 626,620 Households in the Virginia Beach-Norfolk-Newport News VA/NC Metro Area.
Why Buy Local?
•You will keep your dollars circulating in the local economy•You will embrace what’s unique about your community•You will help create local jobs•You will help the environment•You will help nurture your local community
Why Buy Local?
• You’ll conserve your tax dollars • You’ll create more choice• You’ll take advantage of their expertise• You’ll be investing in entrepreneurship• You’ll help make your community a destination
“Buy Local” is Growing
Mission
Educate communities about
the importance and strong
economic benefits of “buying local.”
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