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Why Buy Local?
TOP 10 REASONS to Buy it Local |
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| 1 The impact is up to 3 times greater to the local economy. Significantly more money 're-circulates' locally (gets spent locally) when purchases are made from local businesses. Purchasing local helps grow businesses in the local market and contributes to the local tax base. Locally owned businesses often purchase from other local businesses, service providers and farms at a higher rate than other non-local businesses do. |
| 2 Non-profits receive greater support: Non-profit organizations receive an average 350% greater support from local business owners than they do from non-locally owned businesses. |
| 3 Our one-of-a-kind businesses are an integral part of our city's distinctive character: The unique character of downtown Chattanooga is what attracts us to be here and will keep us here. |
| 4 Reduced environmental impact: Locally owned businesses can make more local purchases requiring less transportation and generally set up shop in town or city centers as opposed to developing on the fringe. This generally means contributing less to sprawl, congestion, habitat loss and pollution. |
| 5 Most new jobs are provided by local businesses: Small local businesses are the largest employer nationally and provide the most new jobs to residents. |
| 6 Customer service is better: Local businesses often hire people with more specific product expertise for better customer service. |
| 7 Local business owners invest in community: Local businesses are owned by people who live in this community, are less likely to leave, and are more invested in the community’s future. |
| 8 Public benefits far outweigh public costs: Local businesses in town centers require comparatively little infrastructure investment and make more efficient use of public services as compared to nationally owned stores entering the community. |
| 9 Competition and diversity leads to more choices: A marketplace of tens of thousands of small businesses is the best way to ensure innovation and low prices over the long-term. A multitude of small businesses, each selecting products based not on a national sales plan but on their own interests and the needs of their local customers, guarantees a much broader range of product choices. |
| 10 Encourages investment in downtown Chattanooga: A growing body of economic research shows that in an increasingly homogenous world, entrepreneurs and skilled workers are more likely to invest and settle in communities that support and encourage uniqueness. |
| THANK YOU FOR SUPPORTING OUR DOWNTOWN CHATTANOOGA BUSINESSES! |
Articles & Links on Impact of Buying Local:
Impact of Buying Local
Austin, Texas Study 2004
Sustainable Connections
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