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5 Reasons to Buy Local First

Posted by Kate Hodel on May 11, 2012

This month, we're encouraging you to buy local. From produce to restaurants, from graduations to birthdays to weddings to springtime celebrations, we're hoping that when you think about shopping, you think about shopping local.

Why? Because every dollar that stays in our community makes a difference in our community.

Consider this: If the people of an average American city were to shift just 10 percent of their spending from chains to local businesses, it would bring an additional $235 million per year to that community’s economy.
 
Here are a few more reasons to think, eat, shop, and buy local.

(adapted from PSFK and eLocal)

  1. More money is kept in the community because locally owned businesses tend to purchase more often from other local businesses. It also contributes to our tax base—and to city services. A study in Austin, Texas, found that $100 spent at a local bookstore produced $45 worth of local economic activity compared to just $13 at a national retailer.
  2. Nonprofits receive greater support: local business owners tend to donate more to local charities than non-local owners.
  3. Unique businesses create character and prosperity.
  4. Environmental impact is reduced. Before it reaches a store, most food in the U.S. is picked up a week in advance. Your carrot travelled 1,838 miles to become part of your meal. And because local businesses usually set up shop in town centers rather than on the fringe, they contribute less to sprawl, congestion, habitat loss and pollution.
  5. Most new jobs are supplied by local business. Check out the converse: National chain often bring loss of employment. The opening of a major big box retailer reduced retail employment by an average of 150 jobs in the county of its location.

Need 5 more reasons to buy local? Or maybe a compelling buy-local infographic? Hit the links. Also check out http://thinkshopbuylocal.com/ for more information about the “shop local” movement.

Content contributed by Kate Hodel, MOSourceLink
MOSourceLink is a proud affiliate of U.S.SourceLink, America’s largest resource network for entrepreneurs

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