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Shop Small Businesses For a Large Impact by Stephanie Kazdan Tuesday, December 22, 2020
The Importance of Small Businesses
Why is it so important to shop from small businesses? It is proven that communities get a significant economic boost from shopping at locally owned small businesses. Especially during these tough times 2020 has hit us with, shopping from small businesses have never been more crucial. According to Forbes, it has been proven that small businesses reinvest in the local economy at a higher rate than large chains do. For example, every $100 spent at one of these businesses, $68 stays in the community. This is more than double the amount that chains reinvest!