How Supporting Local Entrepreneurs Can Benefit Your Local Economy
Start writing a post
Lifestyle

How Supporting Local Entrepreneurs Can Benefit Your Local Economy

What exactly we should all be aware of

212
How Supporting Local Entrepreneurs Can Benefit Your Local Economy
via Unsplash

As a college student, it is tempting to want to just shop at certain stores for convenience and good prices. But, what if someone were to tell you that the products or foods you buy at almost any corporation weren’t as great and beneficial as you thought? By shopping at locally owned businesses, rather than massive retailers, we are doing good to not only ourselves but to the local economy and overall environment as well.

About eight months ago, I began working at local kitchen supply store where the majority of their products are produced locally, giving each and every product some character, a story, and a certain significance. Through this experience, the movement regarding shopping local has created a certain significance for me and for a few good reasons.

First off, customer service at any local business tends to be much more personable and authentic than what you would experience and receive at a chain retailer. We can create relationships with the people we buy from, we become more knowledgeable about where our purchases are coming from, and we grow aware of what our money is supporting.

In addition, the products we purchase can really be unique to what we would receive at a corporation or chain business. Something that we buy for our home could be completely original and unlike anything else that we could get at let’s say Walmart. Imagine purchasing fruits or vegetables where we know its exact history. By buying from local farmers, we open ourselves up to a multitude of benefits. We can trust that what we are eating is in its most raw form with no added chemicals, preservatives, or whatever else manufacturers might add.

Visiting and buying from local businesses is also extremely beneficial to our environment. As you can see from the infographic below created by CustomMade, “the U.S. transports and ships $2.2 trillion worth of products from over 150 countries every year”. This then allows for “11 billion gallons of fuel used per year internationally” and creates “1 billion metric tons of CO2.” Not to mention, the CEO and Co-Founder of CustomMade.com, Michael Salguero, claims that by shopping at local businesses you are lessening the amount of waste that would originally increase pollution.

As for local economies, a customer’s money is truly doing a great deal. According to American Business Independent Alliance (AMIBA), a study in Chicago found that “for every $100 spent at a local business, $68 remained in the city while only $43 of each $100 spent at a chain retailer.” This proves that shopping at locally owned businesses can be super beneficial for a town or city’s economy.

Overall, the benefits of shopping local are more than one could imagine and these are just a few of the many statistics that prove it. Next time we are grocery shopping or looking for a new art piece to hang on our wall, we should try to think about who and what we are affecting when we go to make that purchase.

Report this Content
This article has not been reviewed by Odyssey HQ and solely reflects the ideas and opinions of the creator.
the beatles
Wikipedia Commons

For as long as I can remember, I have been listening to The Beatles. Every year, my mom would appropriately blast “Birthday” on anyone’s birthday. I knew all of the words to “Back In The U.S.S.R” by the time I was 5 (Even though I had no idea what or where the U.S.S.R was). I grew up with John, Paul, George, and Ringo instead Justin, JC, Joey, Chris and Lance (I had to google N*SYNC to remember their names). The highlight of my short life was Paul McCartney in concert twice. I’m not someone to “fangirl” but those days I fangirled hard. The music of The Beatles has gotten me through everything. Their songs have brought me more joy, peace, and comfort. I can listen to them in any situation and find what I need. Here are the best lyrics from The Beatles for every and any occasion.

Keep Reading...Show less
Being Invisible The Best Super Power

The best superpower ever? Being invisible of course. Imagine just being able to go from seen to unseen on a dime. Who wouldn't want to have the opportunity to be invisible? Superman and Batman have nothing on being invisible with their superhero abilities. Here are some things that you could do while being invisible, because being invisible can benefit your social life too.

Keep Reading...Show less
houses under green sky
Photo by Alev Takil on Unsplash

Small towns certainly have their pros and cons. Many people who grow up in small towns find themselves counting the days until they get to escape their roots and plant new ones in bigger, "better" places. And that's fine. I'd be lying if I said I hadn't thought those same thoughts before too. We all have, but they say it's important to remember where you came from. When I think about where I come from, I can't help having an overwhelming feeling of gratitude for my roots. Being from a small town has taught me so many important lessons that I will carry with me for the rest of my life.

Keep Reading...Show less
​a woman sitting at a table having a coffee
nappy.co

I can't say "thank you" enough to express how grateful I am for you coming into my life. You have made such a huge impact on my life. I would not be the person I am today without you and I know that you will keep inspiring me to become an even better version of myself.

Keep Reading...Show less
Student Life

Waitlisted for a College Class? Here's What to Do!

Dealing with the inevitable realities of college life.

113100
college students waiting in a long line in the hallway
StableDiffusion

Course registration at college can be a big hassle and is almost never talked about. Classes you want to take fill up before you get a chance to register. You might change your mind about a class you want to take and must struggle to find another class to fit in the same time period. You also have to make sure no classes clash by time. Like I said, it's a big hassle.

This semester, I was waitlisted for two classes. Most people in this situation, especially first years, freak out because they don't know what to do. Here is what you should do when this happens.

Keep Reading...Show less

Subscribe to Our Newsletter

Facebook Comments