Shop Local!
"The best time to support small businesses is always today."
In 2019, the US Small Business Administration released a report showing that small businesses, those companies with fewer than 500 employees, in the United States produced 44% of all economic activity in the country. That same year, small businesses also provided 2/3rd of all employment within the US. After the pandemic in 2021, small businesses created 5.5 million jobs, making a huge impact on our overall economic recovery (Treece, 2023). Small businesses are a vital part of our economy and foster healthy competition for our market.
Saturday, November 25, 2023 is Small Business Saturday. Please support your local community small businesses!
Treece, D. Why Small Businesses are Good for Local Economies. Business News Daily. Retrieved online November 16, 2023. https://www.businessnewsdaily.com/1298-small-business-good-for-economy.html October 20, 2023.
Office of Advocacy. Small Businesses Generate 44% of US Economic Activity. US Small Business Administration. Retrieved online November 16, 2023. https://advocacy.sba.gov/2019/01/30/small-businesses-generate-44-percent-of-u-s-economic-activity/January 30, 2019.
This article or any other promotional material(s) from Woodland Strategies, Inc. is in no way intended to be a comprehensive plan.
Please note all markets, circumstances, and results vary. Any strategic plan or marketing initiatives must follow all State and Federal laws and regulations, accordingly.
Please contact us directly for a complete assessment and plan for your individual organizational needs.