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We all know people who own or run their small-scale businesses or local setups, selling their farm-grown fruits and vegetables, crafts, home-baked goods, or even clothes. Along with the retail industry, local businesses provide legal, automotive, and manufacturing services.
Local businesses have 500 or under employees and provide goods or services to a local population, such as within a neighborhood. We have all heard that local businesses need our support and when given the option, we must buy local. But we arenâ€™t aware of the many benefits we get by supporting local businesses.
Small businesses are the lifeblood of local economies, but too often, they are overlooked in favor of larger businesses.
In this blog post, we'll take a closer look at the role small businesses play in creating jobs and boosting economic growth. We'll also explore some ways you can support your local small businesses.