Giving that we are coming into the holiday/shopping season, Why shop local? Well, aside from the fact that it keeps the store in business, here are some other reasons from the Gift Guide of the Nov. 18th Southern Illinoisan newspaper:
1. Your money stays in the local economy. Different studies have different figures but in general, for every $100 you spend, if you spend it at a locally owned store, $65 to $70 stays within the local economy, spent with other local businesses or paid to staff members. $35 to $45 stays within the local economy if you spend it at a chain store and, of course,none stays within the local economy if you spend it online
2. Your money recirculates in the economy before leaving to help other communities. In a comparatively small town like Carbondale, it will cycle through other businesses 2-3 times but in a large one like St.Louis or Chicago, the same dollar will circulate 7-12 times before cycling out.
3.Local businesses donate more to community based causes and non-profits. According to the Seattle Good Business Network, local businesses donate 250% more locally than do chain stores.
4. Taxes--Though no one really likes to pay them, the fact is that they go to fund the local police and fire departments, sewers and water, street repair, mass transit and other things that make life easier and safer.
1. Your money stays in the local economy. Different studies have different figures but in general, for every $100 you spend, if you spend it at a locally owned store, $65 to $70 stays within the local economy, spent with other local businesses or paid to staff members. $35 to $45 stays within the local economy if you spend it at a chain store and, of course,none stays within the local economy if you spend it online
2. Your money recirculates in the economy before leaving to help other communities. In a comparatively small town like Carbondale, it will cycle through other businesses 2-3 times but in a large one like St.Louis or Chicago, the same dollar will circulate 7-12 times before cycling out.
3.Local businesses donate more to community based causes and non-profits. According to the Seattle Good Business Network, local businesses donate 250% more locally than do chain stores.
4. Taxes--Though no one really likes to pay them, the fact is that they go to fund the local police and fire departments, sewers and water, street repair, mass transit and other things that make life easier and safer.
No comments:
Post a Comment