It is the small businesses across the country that keep the economy going. According to the Small Business Administration (SBA), the 28 million small businesses in America account for 54 percent of all sales in the country! Continue reading for three reasons you should support the small businesses in your community.
Small businesses create jobs. The money you spend at local retailers goes back into your community. When you choose to shop at small businesses, you enable them to grow and hire more workers. Your support leads to the creation of more jobs for your friends and neighbors…helping the local economy thrive.
Small businesses keep tax dollars in the community. Why pay to support public services in a town across the country? Let your tax dollars serve your own community by shopping at local small businesses. When you spend your money at local retailers, approximately $68 of every $100 spent stays in your local economy. If you spend the same at a large retailer, less than $43 will be reinvested in the community.
Small businesses provide greater access to product diversity. Small businesses have just as much access to vendors that large retail chains do. If a small business doesn’t have the products you want or need, ask them – they are usually much more receptive and willing to order them for you.
Whether you are looking to start a business, or maintain and grow your current business, SeaComm has financing options designed to fit your needs! As a business member, we’ll provide you with simple and cost-effective ways to manage your finances. Our focus is to build relationships with local business owners in our community and help them achieve their goals by providing ways to increase efficiency and profitability. Click here to schedule a free consultation, or give us a call at (800) 764-0566!