Community Arts andBusiness Culture
Four reasons to shop small versus big box
T
he importance of small businesses to the economy cannot be overstated. Though national chains often garner publicity, local businesses are equally, if not exceedingly, worthy of attention. Here’s a deep look at why small businesses are so vital, and why consumers should direct more of their purchasing power to local companies. 1. Autonomy and diversity The layout and offerings and look at national chains will be identical
whether you live in the mountains or at the beach. On the other hand, an independent business offers the products and services that are reflective of the customers and the community they serve. 2. Local hiring strategy Certain big box retailers will hire local residents but hiring policies may push for promoting from within the organization. Small businesses may be more inclined to hire residents they know and keep hiring centralized to the local area something that keeps more resources and money in the community.
3. Adaptability and change Local businesses can move more quickly to respond to economic factors that require change. Since they are focused more on the needs of their customers rather than stockholders, changes can be implemented rapidly without having to go through red tape, meetings, and updates to corporate policies. 4. Investing in the town Shopping at locally owned businesses rather than big box retailers keeps more money in the community. This
helps raise overall value for homeowners and can even reduce their taxes. The funding helps keep police, fire and school departments functioning properly. The benefits of a thriving small business sector are numerous. Consumers can do their part by patronizing these firms more frequently. .
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2901 2901 2901 N. N.Fourth N. Fourth Fourth Street Street Street • • Longview, Longview, • Longview, TX TX75605 TX 75605 75605 • • 903-242-3490 903-242-3490 • 903-242-3490 • • LongviewRegional.com LongviewRegional.com • LongviewRegional.com www.facebook.com/InfinitiePlusmagazine | https://twitter.com/infinitieplus | infinitieplus | August 2023
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