A vital part of our economy is made up of small, locally
owned independent businesses. They help keep money in local neighborhoods. They
provide jobs in local neighborhoods. The money you spend at a small local
business doesn’t go to an overpaid and underworked corporate CEO. It goes to
help a family pay their bills and pay the salaries of their employees – who will
then have money to spend to help the local economy.
Out of every dollar spent at a locally owned
business, sixty-eight cents remains in the local community. Out of every dollar spent at a national chain
store, only forty-three cents remains in the local community.
I try to buy as many things as I can at locally
owned businesses. When I want refills for my favorite shampoo, conditioner or
hand lotion, I buy it at Schatzlein’s Saddle Shop. It’s a family-owned business
that’s been in Minneapolis since 1907. I’ve been there often enough that Jan
Schatzlein’s Australian Shepherd will roll over and ask me for a belly rub when
she sees me. The refills would cost less at Cub Foods, but I buy them at
Schatzlein’s.
When I want to buy the newest issue of the new
English translation of the Japanese Sailor Moon comic book, I’ll check Barnes
& Noble online to see when it’s due to be released. Then I’ll go to the
Source Comic and Games in Roseville to buy it. They would cost less at Barnes
& Noble online, but I buy them at the Source. I count the owners among my
friends and I know several of their employees.
When I need loose green tea leaves or coconut
milk, I buy them at United Noodles in South Minneapolis.
When I’m ready to buy better art supplies, I’ll
buy them at Wet Paint in St. Paul. They may cost less at JoAnn, but I’ll buy
them at Wet Paint.
If I want to buy pa’u skirts (they’re skirts used
for hula Hawai’i, but in Minnesota they’re just pretty skirts), I’ll order them
from the Hula Supply Center in Honolulu. Granted, it doesn’t help the Minnesota
economy, but because it’s an independently owned store, more of the revenue
will stay in the local community there.
Granted, not everything I want or need can be
found at small, locally owned independent businesses. But for everything that
can – even if it’s more expensive – I will buy at small, locally owned
independent businesses.
Shopping small and local is good business for
local economies.
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