- Local businesses are more likely to utilize other local businesses such as banks, service providers, and farms.
- Independent retailers return more than three times as much money per dollar of sales to the community in which they operate than chain competitors. Independent restaurants return more than two times as much money per dollar of sales than national restaurant chains.
- Local businesses are owned and operated by your neighbors! They care about and are invested in the well-being of your community and its future.
- Local businesses are more accountable to their local communities and donate more money to non-profits.
- Supporting local businesses is good for the environment because they often have a smaller carbon footprint than larger companies.
- Small businesses and shops have always been the backbone of the Indian economy. During the pandemic around 40 million small business owners right from small manufacturers to store owners to service providers suffered from the strict lockdown norms.
- Customer awareness and the intent to support the local community is a key factor in bringing in footfalls. The thought process was reinforced by Prime Minister Narendra Modi in his address soon after the lockdown was announced. “In times of crisis, this local (system) has fulfilled our demand, and saved us. Local is not just the need, it is our responsibility as well,” he said in his speech.
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