The Benefits of Supporting Small Businesses
Small-business owners love what they do, and they play an important role in supporting their local communities. From providing a hometown feel for localities to working hard to know their neighbors, these small companies do a lot to help others who live nearby in many different ways. When it comes to showing your support for small businesses, it’s important to do so, and not just to help them gain revenue and stay operational. Everything from the local clothing boutique to the corner cupcake bakery relies on the support of loyal customers to keep its doors open, and when you spend money at a small business, you’ll gain plenty of wonderful benefits as well.
Excellent, Personalized Customer Service
Small-business owners treasure the relationships they have with all of their customers. They rely on regular as well as sporadic customers to not only help them earn a profit but also to spread the word to others about their company. Because these small businesses need the support of local consumers, you can expect to get friendly, personal customer service. The staff of a smaller-sized business will typically be more readily available to answer detailed questions about the products and services they sell, and they can also order specific items for you to purchase at your request. They also enjoy getting to know their customers, since they’re all an important part of the community they serve. More than anything, word of mouth counts when it comes to small business advertising, so it’s not surprising that they want every single customer to have a positive experience each and every time. Expect to be greeted with smiling faces and eager help when you shop at a small business. This positive experience will keep you coming back, which is a win-win for everyone involved.
Innovation and Competition
Because it can be more difficult for small businesses to stay relevant, they constantly have to work on adding new products to their shelves and new benefits for their customers. This is a positive thing, since it sparks healthy competition with their larger competitors. It also encourages small companies to innovate, adding unique spins on the things they offer in order to keep customers returning. The products you’ll see at a small business are usually ever-changing in order for them to keep up with current demand. You can also find more personalized, unique items at many small businesses that you won’t see in the big-box stores. While larger retailers tend to focus only on the most popular items, smaller businesses have the freedom to fill smaller niches with less common and more innovative products. This innovation sparks creativity and new ways to sell goods and services, which is always a good thing. And often, as small business work to compete with larger stores, special memberships and discounts are provided to loyal customers who return to shop at a small business so that they’ll continue to choose the merchant as a primary place to shop.
By supporting a small business, you’re also supporting the local community. Spending your money there helps to stimulate the local economy and keep business booming within your local region. These smaller-sized businesses help to create and sustain jobs as well as keep the area vibrant and buzzing with shoppers and tourists. The support of the community means a great deal to a small-business owner, and they typically enjoy returning the favor by participating in fundraisers and holding special events to show their appreciation. Coming together to spend your money at a local business shows that you appreciate the things they’re doing for your neighborhood and the services that they provide. The support of the community works both ways when it comes to buying from and owning a small business. Every purchase made from these companies helps the owner provide wages for their workers, keep the lights on, and put food on the table for their families.
- Small Business Saturday
- The Benefits of Supporting Local Business
- Six Benefits for You and Your Community From Supporting Local Entrepreneurs
- Why Buy Local? Economic Advantages of Shopping at Locally Owned Businesses (PDF)
- Becoming a Small-Business Owner: What Are the Benefits?
- How Tucson, Arizona, Reaped the Benefits of Shopping Locally
- Top Ten Reasons to Support Locally Owned Businesses
- Why Buy Local?
- Seven Reasons Why Supporting Local Business Is Good for Your Community
- The Benefits of Locally Owned Businesses
- Buying Local: How it Boosts the Economy
- 10 Ways to Benefit From Supporting Your Community