We’re Proud to call Raleigh, North Carolina Home.
Local Owners Are Local Contributors
There are other benefits to buying local as well. Research has shown that small local businesses make indispensable contributions to communities and neighborhoods. A study of businesses in Oregon detailing charitable giving showed that when in-kind contributions were included, small firms gave an average of $789 per employee, medium-sized firms $172, and large firms $334. Additionally, large firms contribute primarily to the area where the corporation is headquartered, not necessarily where they do business.
Money Spent Locally Stays Local
Several studies have shown that money spent at a locally owned business stays in the local economy and continues to strengthen the economic base of the community. A 2002 case study in Austin, Texas, showed that for every $100 in consumer spending at a national store in Austin, the local economic impact was only $13. The same amount spent at locally based stores yielded $45, or more than three times the local economic impact.
