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Saturday, April 27, 2013

Local Business.... just smart

Even Forbes says so >>> Link

"What Does “Local Business” Even Mean?

Local means closer proximity between producers and consumers, which fosters relationships of trust between consumers and farmers, maximizes the level of economic activity within a community, and minimizes the carbon footprint of shipping.

Local also refers to control. Local control of a business means the proprietor is more likely to re-spend the dollars earned locally, which increases what economists call the “multiplier effect,” while being less likely to relocate to another region. Local businesses also nurture local culture and the presence of diversified local businesses tends to strengthen indicators of community well being, like political participation (see “the benefits of locally owned businesses“)."

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