Small business is, quite frankly, big business. The Small Business Administration has identified that there are more than 28.2 million businesses operating in the United States as of March 2014, with about 63% of new jobs being created by small businesses between 1993 and mid-2013.
Of these 28.2 million businesses, most are “self-employed,” making up about three-quarters of the U.S.’s total businesses. Meanwhile, approximately half of small businesses survive five years or more, many of which make up your local coffee shops, favorite local boutiques, preferred chiropractor, or local pet shop.
Small-business owners love what they do, and they play an important role in supporting their local communities. From providing a hometown feel for localities to working hard to know their neighbors, these small companies do a lot to help others who live nearby in many different ways.
When it comes to showing your support for small businesses, it’s important to do so, not just to help them gain revenue and stay operational.
By supporting a small business, people support the local community. Spending money there helps to stimulate the local economy and keep business booming within your local region. These smaller-sized businesses help to create and sustain jobs, as well as keep the area vibrant and buzzing with shoppers and tourists.
COMMUNITY WELL-BEING
Locally owned businesses build strong communities by sustaining vibrant town centers, connecting neighbors in a web of economic and social relationships, and contributing to local causes.
LOCAL DECISION-MAKING
Local ownership ensures that important decisions are made by people who live in the community and will feel the impacts of those decisions.
KEEPING DOLLARS IN THE LOCAL ECONOMY
Compared to chain stores, locally owned businesses recycle a much larger share of their revenue back into the local economy, enriching the entire community.
REDUSE ENVIRONMENTAL IMPACT.
Locally owned businesses often make more local purchases for their products, requiring less transportation and outsourcing. They typically consume less land, locate closer to residents, and create less traffic and air pollution.
LOWER TAXES.
Supporting local businesses can lead to lower taxes. Small businesses use land efficiently and have central locations that put less demand on roads, sewers, and safety services. In addition, independent businesses often generate more tax revenue per sales dollar.
We have always emphasized the importance of having a good website for your company because it can act as your best tool for marketing and sales. A poorly designed website can repulse people from your business and can cause you to lose customers before you even have them. Get in touch with HyperEffects to work on creating, enhancing, and making the website of your company more user-friendly.