10 Reasons to Shift Your Spending to Locally Owned Businesses
When consumers choose to support locally owned businesses, 68% of those dollars spent stay within our community as opposed to only 14% when choosing to buy from non-local retailers and businesses.
This influx of revenue is essential for local business growth, strong schools, safer streets and an overall increased quality of life. By spending more money locally, citizens and visitors alike are contributing to the positive growth of the Triad, and TLF is working to turn local economic prosperity into a way of life.
Money stays in the Triad
Locally owned businesses purchase from other local businesses, service providers and farms.
Local new jobs
Small local businesses are the largest employer nationally.
One of a kind
Unique businesses are an integral part of our distinctive character.
Local business owners invest in our community and its future.
Local businesses are closer to customers & form personal bonds with customers.
Local business guarantees a much broader range of products and choices.
Shop locally is energy efficient and owners make more local purchases.
Public benefits > costs
Comparatively little infrastructure investment, efficient use of public services
Entrepreneurs prefer to settle in communities with distinctive characters.
Nonprofits receive ~350% more support from local businesses.