The Crucial Role Small Businesses Play in Their Communities

By Kelly Spors.

Major corporations have changed the dynamic of shopping in the United States over the past few decades, with many big-box stores driving out small, local retailers by undercutting their prices and building mammoth operations. But in cities and towns all across America, locally owned businesses are finally making a comeback—and it’s making a difference.

Local businesses are known to have a “multiplier effect” on their communities—the idea that every dollar spent at a local, independently owned business stays in the community and generates a far greater economic value by creating jobs and more localized spending. But it’s not just about the economy: Research shows that vibrant local business communities lead to more charitable giving in a community, more walkable neighborhoods with unique character and less pollution.

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About Paul Tocatlian

Technology professional with a keen interest in mobile, middleware, cloud, and web technologies. For more information, visit www.tocatlian.com.
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