SCORE

As you know, small businesses have been hit the hardest by the COVID-19 pandemic. Small businesses could use your help. I am not against big business, but I am FOR local business.

In Arizona, almost of 1/3 of small businesses have closed. The leisure and hospitatlity industries have been hit the hardest. Source: https://tracktherecovery.org/

Arizona COVID impact on Small Businesses

Fuel the Local Economy

Local business owners stimulate the local economy. When you buy from a local business owner, more money stays in your community. They fuel other local businesses. According to Fundera, $68 of every $100 stays in the community. Local First Arizona stated that the number could be up to $73 that is kept in the local community. This generates local sales tax funds, government services, road maintenance, fire trucks, health services and so much more.  

There have been numerous studies showing that locally owned businesses provide better customer service.  The main reason is that they are invested in YOU and their community. The owner is your neighbor, and they want you to have a great experience and come back to their business. You will not be calling any 1-800 number to talk to someone, odds are you will meet and talk to the owner if you have anything good or bad to say about their business.

We're re-opening!

Keep it Local

Many people may not realize that when they shop locally, their dollars are reinvested into the local community. They go to little girls’ ballet lessons, sponsoring local sport little league teams, school fundraisers, and so much more. The funds are not going to a nameless CEO looking to purchase their 5-vacation house. These local business owners want to see other local businesses thrive as well.

Having owned brick and mortar businesses, I know local business owners carry a more diverse product. They will carry other local suppliers’ products, where big box stores will not. You can find specialty items as well-those one-of-a-kind items that make your purchase a little more special.

small biz open

Your local business owner is an expert in their product or service. They will take the time and answer any questions you may have about their product or service. Provide you that extra care to explain anything you like. They do keep up with trends within their industry. 

You can find these local business by visiting your area Chamber of Commerce website. They have relationships with other local business owners, bankers, suppliers, and so forth. They can help you in a greater capacity than you know. They create local jobs and help support the local economy. You can also Google anything "near me" and you'll get a list of businesses in your neighborhood. 

So, help those local business owners. Patronize their establishments. Shop on their websites. Reach out to them for expertise. According to Small Business Trends, small businesses make up 99% of ALL businesses in the United States. 

Keep those small businesses in business. Shop locally.

Contact Score today to get matched up with a Mentor who will help you in your business.

About the Author(s)

 Steve   Feld

Steve Feld is a Certified SCORE Mentor and a business coach.

Business Coach, Feld Business Growth
Be a Hero! Support Your Local Businesses and Help Your Economy Recover