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Keep it local: Our small businesses need your support

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Posted: Saturday, November 24, 2012 12:00 am | Updated: 4:15 pm, Fri Jan 25, 2013.

Fairbanks Daily News-Miner editorial

Running a small business is no small undertaking. The men and women — perhaps they are your friends and neighbors — who operate these businesses are a key component of the local economy and of our community.

They deserve your patronage for a couple of important reasons.

First, the money you spend at a locally owned business more than likely stays in this town. The business owner will use it to pay employees or to buy supplies from another local business. And there’s no executive in the Lower 48 who will get a share of that money.

Second, look on a wall inside a local business and you’ll probably see a “Thank you” plaque from a grateful soccer team, baseball team, football team, dance squad, martial arts group or from any of a number of athletics or other community organizations. When those groups are looking for sponsors, the local businesses come forward to help.

Now it’s your turn. It’s time for you to be there for our local businesses, many of which rely on the holiday season for a chunk of their annual sales.

Today happens to be Small Business Saturday.

Karen Gordon Mills, administrator of the U.S. Small Business Administration, said more than 100 million Americans shopped at independently owned small businesses in last year’s Small Business Saturday. Such participation by consumers repays the businesses for all they do for local economies.

“Over the last two decades, small and new businesses have been responsible for creating two out of every three net new jobs in the U.S., and today over half of all working Americans own or work for a small business,” Mills wrote recently.

So as you shop this holiday season, remember these three words: “Keep it local.”

Let’s make a big deal out of Small Business

Saturday.

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