How Small Businesses Impact Their Communities
Supporting locally owned businesses helps keep the community thriving.
Do you shop locally? While the convenience of a big box store is enticing, spending money, and sharing the love for small businesses (online retailers and brick-and-mortar) in your area is important to help keep them afloat. Plus, small businesses have a big impact on the local community. Here’s how.
The Local Economy
Small businesses can improve the local economy in several ways and are an asset to the community.
Communities require tax revenue to maintain infrastructure and support civil duties, etc. Small businesses generate revenue and contribute to tax dollars necessary to keep your town safe and clean. The schools, police and fire departments, and other businesses work together to support each other.
Community Involvement and Identity
The storefronts, restaurants, and other local attractions help make up your community’s identity. People will travel for the best donuts, brewery, children’s shop, and the like, and that could be your town. When small businesses close, your local town loses a part of its identity. Giving back can even be a way to improve your health.
Additionally, small businesses, including NutraMedix, often give back to the community. NutraMedix, a locally owned dietary supplement company with a full line of products that support sleep/mood, microbial support, detox, and optimal health, gives back to the community with their give back initiative. Every year, NutraMedix donates a minimum of 50 percent of their profits to important causes across the globe, including their local area. This helps nourish the community from within.
Local jobs allow community members to work with shorter commute times. Also, local jobs contribute to the economy and reduce unemployment numbers.
Small shops, restaurants, and service companies can provide unique products and services you may not find at big brand stores. You may also be able to get small business owners to bring in specialty products or services you’re looking for. This gives you access to items that are new and exciting.
Small businesses are an important part of the community. They’re vital to the health and wealth of the town and keep it fresh and unique. It’s easy to support your local small businesses by buying from them in-store and online, searching for local business online, giving a shout-out, sharing their details, spreading the positive word, leaving a positive review, engaging with their social media, and even ‘liking’ their social posts. Supporting local small businesses is key to community change year-round, while they give back too.