There are a lot of reasons to support local businesses, especially during these challenging times when many businesses are struggling. That’s why we put together a list to remind you why it is so beneficial to you and your community to shop local. Read on, and then share with us on social media why you shop local and the Lakeview businesses you support by using #LoveLakeview! SUPPORT LOCAL TO:
As you visit local businesses in your neighborhood, you are more likely to have casual encounters with friends and neighbors helping to build a sense of togetherness and community. As you frequent local businesses, you also start to get to know the staff and learn more about the people behind the products or services you purchase.
Strengthen Your Local Economy
Each dollar you spend at an independent business returns almost 50 times more to your local economy than an online mega-retailer. (Source) Shop local to have your dollars go back into the community where you live.
Keep the Character in our Commercial Corridors
Each independent business has its own personality, bringing diversity to our commercial corridors that give them their distinct character and make them feel like home. Just think about the Southport Corridor, Lincoln Hub and Paulina Station. Each area has its own vibe which is created by the independent businesses that bring vibrancy and uniqueness to our community.
Get Expert Tips from Business Staff & Owners
Independent businesses tend to be very passionate and knowledgeable about their products/services, so their staff is well-versed in their niche offering and can provide helpful recommendations and tips to customers.
Help the Environment
Independent businesses tend to carry more locally-made products and are located closer to residents to reduce transportation distance and air pollution.
Have More Choices
Independent businesses provide a greater variety of offerings and keep their community’s needs in mind. Plus, small businesses often have unique offerings that can’t be commonly found elsewhere.
Create More Local Jobs
Collectively, small, local businesses are Illinois’ largest employer, and they employ more than half of the working class in the U.S. (Source) Independent businesses also tend to be the customers of local printers, accountants, wholesalers, farms, attorneys, etc, further supporting businesses in the community. (Source)
Give Back to the Community
Local businesses are more likely to donate to local nonprofits, neighborhood events and local teams. (Source) We know this first hand, as Lakeview businesses have donated prizes for giveaways we host, participate in give-back shopping/dining events and donate to our neighborhood schools for fundraisers.
Increase Your Real Estate Value
Neighborhoods with vibrant commercial corridors and successful small businesses are more desirable, which will increase home values. (Source) As more people want to move to a neighborhood, local tax revenue increases which can be used to invest in infrastructure such as schools, public safety, parks and more to strengthen communities and drive growth.