When given the opportunity to choose between a locally owned and operated store vs. a national chain store with comparable selection and value… SHOP LOCAL FIRST!
One dollar spent at a locally owned business has three times the economic impact on our community than a dollar spent at a national chain.
Why? Local businesses purchase their supplies and services locally. They buy from local retailers and support local organizations. They bank locally, hire local accounting firms, and advertise in local media. Every time you make a purchase at a local store it sends a ripple of economic benefit through the community.
Where you spend your money matters!
Why? Because local store owners live in our community, their profits remain in our local economy. They dine at local restaurants, visit local doctors, and shop at local retail stores. In contrast, national chains siphon their profits out of the local economy and back to headquarters. Profits which could be used to strengthen our local economy end up funding growth outside our community and sometimes even outside our country.
Most new jobs are provided by local businesses.
Why? The majority of management and administrative functions for National Chains are carried out at headquarters. On the other hand, locally owned businesses carry out their management and administrative functions on site. A larger percentage of their operating costs are spent on local labor resulting in a larger number and wider variety of jobs available.
Where you spend your money will determine what your community looks like 10 years from now.
Why? The future success of a local store owners business depends on the strength of the community it serves. They have a vested interest in helping our community grow. They invest in local community projects, donate to local charities, support local ball teams, and pay local taxes.
Every dollar drawn away from a local merchant by a chain store results in a net loss to the community.
Why? If you spend $100 at a chain store, only 13 of your dollars make it back to the local economy. When you spend $100 at a locally owned store, 45 of those dollars are deposited back into the local economy. If each household on the Treasure Coast simply directed $100 of planned spending from chain stores to locally owned stores, the local economic impact would be approximately $7.1 Million in additional revenue!
Each Dollar is a Vote…Vote Local First!