The Positive Impact of Supporting Locally and Independently Owned Businesses
The Institute for Local Self-Reliance (ILSR) reported that a 2003 study in Maine found that residents spending $100 at a big box retailer would generate only $14 in additional local spending. That same $100 spent at a locally owned business generated $45 in additional local spending. Dollars spent at a local business support not only that store and its employees, but also a variety of other businesses, including local banks and other service providers. Learn more about the “Top 10 Reasons to Support Locally Owned Businesses” from ILSR.
The 10% Shift
By shifting just 10% of our dollars away from non-local businesses, our commercial areas will grow, more local residents will be employed and more dollars will stay in JP. Communities throughout the country have strengthened their local economies by developing Local First initiatives. Now is the time for JP to initiate local first and take on the 10% Shift. How do we accomplish this goal? We educate ourselves about the benefits of shopping local and commit to buying local first. Please visit our Online Business Directory of JP independently owned businesses and start or continue to be more aware of the impact of your dollars.
Why Join JP Local First?
Becoming a member puts you on the map, with an automatic listing in the printed Local Business Directory, the Online Directory, social media affirmation, networking opportunities, and general public visibility from our consumer education efforts. The Directory gives JP residents and visitors a handy pocket sized booklet that features a shopping and services guide, JP historical notes, dates of festivals and farmer’s markets, and other helpful resources. The Directory will be on display at all participating businesses and represents the perfect way to promote your business locally. Membership also gives you access to a powerful network of likeminded local business owners that are working to build community resilience, promote the businesses of each other, and support sustainable environmental policies—all of which grow the local economy. To become a member, visit our membership page, check that your business qualifies, and complete the registration process.