It Pays To Keep Your Dollars Here
Warsaw, MO – It happens every day in all small towns across America, and most people do it without even thinking twice about it. The typical consumer will head to the big chain grocery stores or the massive retail chains in order to do their weekly shopping. The truth is, spending money at locally owned shops and stores that are found on small town Main Streets actually benefit local communities substantially and in turn, help to put money back into the some of those same consumer’s pockets.
Small businesses alone account for nearly 75 percent of all new jobs created in the United States and these same businesses also employ over half of all those who are employed in the country.
Typically, money spent with our local retailers is deposited right back into our local banks, where it circulates more into the local economy. This in-turn, strengthens the economic base of the local community. Studies show that for every $100 that is spent at locally owned businesses, approximately $68 of it remains in that community; versus approximately $43 from bigger chain stores.
