14 Ways to Support Small Business

The way Americans shop and travel has dramatically changed over the past few years due to COVID-19. The idea of supporting ‘mom and pop shops’ has re-ignited as people realize they want a robust local economy that supports their friends’ and neighbors’ livelihoods. The places we meet others are small businesses in our communities that need our help to keep their doors open and pay their employees. . Local restaurants, boutiques, coffee shops, and other small businesses risk closing without support. Here are ways you can support small businesses and help foster a thriving local economy:

Show your support in person.

Buy gift cards to give later.

Tip generously

Buy locally made items

Order takeout from a locally-owned restaurant

Buy branded merchandise from a local shop

Shop now for later

Show support digitally

Write a positive review

Follow on social media

Buy online from a local business

Attend virtual events

Sign up for newsletters

Show gratitude

Refer friends and family

Check-in with owners and employees

Thank them and say something nice

These 2021 statistics provide insight into small businesses across America, and they impact our economy:

10.5 million jobs’ created- Small businesses created 10.5 million net new jobs between 2000 and 2019, accounting for 65.1% of net new jobs created since 2000, according to the Bureau of Labor Statistics’ Business Employment Dynamics report.

$48 of every $100 spent at a small business stays local- When you spend $100 at a small business, $48 stays in the community, according to the Small Business Administration. Spend the same $100 at a big-box store or national retailer, and only $14 stays.

Source- Small-Business Statistics: By the Numbers as of 2021, Nerdwallet. 

Small businesses help keep the local and U.S. economies stable by providing jobs and financial support to their communities. This summer, remember to shop small in your community to help create a more vibrant and sustainable local economy.