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Support the independently owned
businesses in your community
$68 vs. $43 — Local businesses support local
economies!
Several recent economic studies have concluded that
locally owned independent businesses reinvest far
more money in their local communities and economies
than chain stores do.
One study* determined that for
every $100 spent in their stores, local businesses
give back $68 to their local economy. By contrast,
for every $100 spent in national chains, those
companies return only $43, meaning that those chain
stores take away $57 from that same local economy.
Patronize your local
businesses. Good sense for you - good cents for your
local economy!
* The Andersonville Study
by the Civic Economics group can be read online at:
www.andersonvillestudy.com
Top Ten Reasons to SHOP
LOCALLY
1. Local character and
prosperity. Your community’s local
character and prosperity thrive when you support its
unique and diverse locally owned businesses.
2. Community
well-being. Local businesses foster
community well-being by building strong
neighborhoods, sustaining communities, and
contributing more to local causes.
3. Local
decision-making. Local ownership means
local decision making by people who live in the
community and share in the effect of those
decisions.
4. Local economic
benefits. Keeping your money in your local
economy supports local jobs, funds more local
services through sales tax, and invests in
neighborhood improvement and development.
5. Local jobs and
wages. Locally owned businesses create more
jobs locally and, in some cases, provide better
wages and benefits than chains do.
6. Entrepreneurship.
Local entrepreneurship fosters economic innovation
and prosperity.
7. Public services
costs. Local stores in town centers make
more efficient use of public services and community
infrastructure than big box chain stores.
8. Environmental
impact. Local stores help sustain vibrant,
compact, walkable town centers, which in turn are
essential to reducing sprawl, automobile use,
habitat loss, and air and water pollution.
9. Healthy competition.
A marketplace of tens of thousands of small
businesses across our country fosters healthy
competition and ensures innovation and low prices
over the long term.
10. More choices for
you. An abundance of small locally owned
businesses, each selecting its own product mix,
guarantees a much wider range of product choices for
everyone in the community.
Adapted from the work
of Stacy Mitchell, the Institute for Local
Self-Reliance,
www.hometownadvantage.org |
Sinclair
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