Think Local!

From cutting extra costs to being more cautious about spending and budgeting, people are being cautious about their financial habits. In such a volatile environment, smaller local businesses rely on you to stay afloat. Every transaction is precious to them. So, when deciding where to spend your hard-earned money for dinner or a gift, consider the benefits of connecting with local independent businesses in your community.

Reasons Why Supporting Local Business is Good for Your Community

· Local businesses are more likely to work with other local businesses such as banks, service providers, and farms.

· For every $100 you spend at local businesses, $68 will stay in the community.

· Local businesses are owned and operated by your neighbors! They care about and are invested in the well-being of your community and its future.

· Local businesses are more accountable to their local communities and donate more money to non-profits.

· Supporting local businesses is good for the environment because they often have a smaller carbon footprint than larger companies.

Shaping the community’s identity by supporting small business

One thing is for sure, entrepreneurs breathe life into the community. Their welcoming and positive attitude towards strangers, as well as returning customers, sets an example for everyone. In addition to that, another reason why you should shop local is that local businesses create a culture that easily becomes a trademark for the place and attracts visitors i.e., influencing tourism.

Small businesses can quickly adapt to changing climates

It’s well known that small businesses are mostly customer-oriented and understand the needs of their community, therefore, they can adapt to changing economic climates more quickly than large corporations.

Because of their dedication and good customer service, customers often choose to support small businesses in tough times and are most likely to remain loyal to local businesses during an economic downturn. That helps small businesses to adapt to financial changes while remaining the same quality service or products.

On the whole, the answer to why you should shop local is because when supporting local businesses you create a win-win situation for everyone in the community. So think about the first thing you need to buy, and let’s shop local. And if you need recommendations on lebanese shops, do not hesitate to check my next blog.