All the More Reason to Buy Local

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Marion Brown

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All the More Reason to Buy Local

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Wednesday, 05 May 2010 19:55

Again with the boycotts! As a native Arizonan, this is not the first time I’ve seen neighboring municipalities hit private business owners in the pocketbook in response to political action taken by our State. No matter which side of the hot-button legislation you may come down on, some once-trusted economic partners have your business in their sights. Fortunately, Arizona is brimming with small business owners who understand what it takes to be successful entrepreneurs; recognize opportunity in adversity.

One immediately impactful step that the business community can take is to shift their spending to local markets. Local First Arizona is a non profit organization working to strengthen communities and local economies through supporting, maintaining, and celebrating locally owned businesses throughout the state of Arizona.

Studies have shown that for every $100 spent in a locally owned business, roughly $42 remains right here in Arizona. For the same $100 spent in a national chain store, only $13 remains here. Among the multitude of reasons to buy local are these:

For every two jobs national retailers bring to a community, three jobs are lost as a result of local businesses closing down.
When you shop locally owned businesses, your money is re-circulated over and over and creates up to 75% more tax revenue to our community and state.
Independent businesses raise the standard of living in your community because they take their profits and buy products and services from other local businesses, thus creating more and more tax revenues needed for the community to thrive.
Millions of dollars of tax revenue subsidies handed to chains by financially-starved local governments drain even more tax revenue from our community and state.
Blighted empty shopping areas are created in your community when chain stores re-locate to a more lucrative shopping center, or leave altogether. Literally hundreds of big stores are abandoned each year across the United States.
Independent businesses are unique enterprises that contribute to the character of our community by offering a more diverse selection of goods and services.
Independent businesses provide meaningful service with a personal touch. It matters to them that you are satisfied and will come back again.
Carefully planned predatory pricing practices have allowed national chains to establish virtual monopolies as they drive local competition out of business. Once the competition is gone, they raise their prices.

So instead of hitting the road for an out-of-state destination this summer, consider exploring some of the jewels right here at home. Dine at neighborhood establishments, do your gift shopping at local boutiques, and keep an eye out for Arizona based merchants and vendors with whom you can build trading partnerships. The relationships we build, personally and professionally, will last long after the boycotts are over.

Resource: Local First Arizona

For more information please contact Mrs Guevara at 602.695.0263 anytime.

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