Small Business

Small Business

Tracy Yoder

 HOW SMALL IS SMALL? 

The definition of a small business varies drastically depending on which organization, group, or government agency you ask.

Generally, though, it is an independently owned business with fewer than 500 employees that earns less than $1 million per year in combined revenue and sales. 

WHY IT MATTERS

1) Improves the Local Economy 

When you buy locally, significantly more of that money stays in the community. In fact, one Chicago study found that for every $100 spent at a local business, $68 remained in the city. 

2) Does Less Harm to the Environment 

59.3% of local, independent makers say they occasionally or usually use recycled materials, and 7% say they always use these materials. 

3) Keeps your Community Unique 

Local businesses give a community its flavor. The combined presence of your town's many local businesses makes it different from every other city in the world. 

 

"They're authentic, they're original, & they care." 

 

 

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1 comment

I love it!!

Chantee Brown

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