Local businesses need your support year round. However, Saturday, Nov. 29, has been set aside to “Shop Small.”
In 2010, American Express launched Small Business Saturday, which takes place each year on the Saturday following Thanksgiving.
Shopping local means keeping the dollars local — local businesses employ local people who will, in turn, buy in local stores. There are many statistics about shopping in locally owned businesses. Here are a few:
If every family spent $10 a month at a locally owned, independent business instead of a national chain, more than $9.3 billion would be directly returned to our economy.
For every $100 spent at a locally owned business, $73 remains in the local economy and $27 leaves.
For every $100 spent at a non-locally owned business, $43 remains in the local economy, and $57 leaves.
When you shop locally owned businesses, your money is recirculated over and over and creates up to 75 percent more tax revenue to your community and state.
Be sure to visit Navarre’s local shops today — in addition to supporting your local economy, you’re bound to find one-of-a-kind items not available at the big box stores.