5 Reasons To Shop With Locally-Owned, Independent
Businesses
- You'll keep Santa Fe "The City Different" by helping our unique
businesses thrive.
- You'll keep more tax dollars in our community to spend on schools,
parks, police and fire departments, and other important services.
- You'll help independent businesses remain Santa Fe's largest
employer.
- You'll help local businesses that are owned by people who live
here and care about Santa Fe's future.
- You'll help our non-profit organizations because they receive
their greatest support from locally-owned businesses.
Did You Know . . .
For every dollar spent locally, 45 cents stays within the economy.
But only 13 cents spent at a non-locally owned store stays in our
community.
–Civic Economics, Austin, TX, 2002
Approximately 4200 or 90% of all businesses in Santa Fe are small,
locally owned businesses.
-Angelou Economics report calculates 90% of city businesses
are locally owned
Independent businesses are Santa Fe’s largest employer. By
spending money with them, you’ll help provide new jobs. 78
% of the community work for locally owned employers.
-Santa Fe Economic Development, Santa Fe, New Mexcio
Locally owned businesses recycle a higher percentage of profits
back into the local economy. This helps keep taxes in our community
to support schools, parks, police and fire departments, etc.
--Santa Fe Alliance ongoing Local Multiplier Study; will have
concrete figures in 2005
Regionally, national chain stores rarely create an increase in
retail spending, however they do create a net loss in local employment.
-Boxes Cost Jobs, The Walmart Effect, June 2004, David Moberg,
In These Times
Two major chains, when compared with local businesses, gave 75%
less to charities than locally owned businesses.
-The Institute for Local Self Reliance, Sept. 2003 – The
economic impact of locally owned businesses versus chains, a case
study in mid-coast Maine
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