Tuesday, June 30, 2009

Buy Local.


With the state of today's economy, it is tempting to head into larger discount conglomerates, chains and franchises. This mentality has taken a toll on small businesses, leaving Main Street America somewhat stranded.

However, I recently discovered The 3/50 Project, which I think is a fantastic initiative aimed at saving brick and mortar independently owned businesses. The idea is to commit $50 a month to spend at three locally owned businesses in your community.

Take a look at the statistics from The 3/50's website: If half the employed population spent $50 in locally owned independent businesses, it would generate more than $42.6 billion in revenue. And, as 3/50 points out, much of the spend returns to the community via payroll, taxes and more. All it takes is one person with fifty dollars.

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