When $1 equals $14: 5 Reasons to Buy (& Refer) Local

Studies in Maine and Austin, Texas demonstrate that locally-owned businesses generate 3.5 times the local economic activity as chains.

Studies in Maine and Austin, Texas demonstrate that locally-owned businesses generate 3.5 times the local economic activity as chains.

When does $1 equal $14? When you spend it with a locally-owned business. That dollar is usually spent 6 to 15 times before it leaves the community. *

Independent businesses are more likely to:

  • Spend money with other local businesses.
  • Make decisions locally with our customers in mind.
  • Place importance on community service and promoting goodwill.
  • Have a commitment to a safe, clean community.
  • Contribute more to local and state taxes.

Need more reasons to buy local? Here’s five more:

1.    Support your family. Studies have shown  that when you buy from a locally owned business up to 3 times more of your dollars are re-circulated in the local economy, compared to a chain.

2.    Support your community. Local non-profit organizations receive 250%  more support from locally owned businesses. Independents also contribute more to local and state taxes, since most chain stores get big tax incentives to bring their name to town.

3.    Create more good jobs. Locally owned businesses spend on average 28% of revenue on labor compared to 23% for chains, providing the most jobs to residents of the community.

4.    Get better service. Locally owned businesses often hire people with a better understanding of the products they are selling and take more time to get to know customers. Our commitment to trust and complete customer satisfaction is unparalleled in our industry.

5.    Buy what you want, not what they want you to buy. A multitude of small businesses, each selecting products based not on a national sales plan but on the needs of their local customers, guarantees a much broader range of product choices. We present our customers with the best value for their money, not just the products that bring in the most dollars.

You hold the key to true “economic stimulus“.
These days, we are all very concerned about how we are spending our hard-earned dollars — and how our tax dollars are being spent by lawmakers. Next time you shop, consider the benefits of choosing a locally-owned business. And when referring friends and colleagues, refer a reputable local business and keep their dollars local, too!
*Tim Mitchell in Northwest Earth Institute’s Choices for Sustainable Living

About Perry Office Plus
We're Central Texas' largest independent office products & furniture dealer and have been locally owned and operated since our establishment in 1920. Visit our website to shop for all your office supplies and call any of our fantastic Customer Service Reps if you have any questions or need help with your office products.

One Response to When $1 equals $14: 5 Reasons to Buy (& Refer) Local

  1. local gordon says:

    As a local economy advocate and fund raiser for a non-profit #2 is absolutely true. The majority of the donations I receive will come from mom+pop businesses. They are by far our best supporters.

    Like

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