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Shopping locally is one of the best ways to build a stronger, more prosperous community. There are many reasons to support local, independent businesses in Birmingham, Alabama, including:

1. Protect Local Character and Prosperity

Birmingham is unlike any other place in the world. By choosing to support locally owned businesses, you help maintain local diversity and distinctive culture.

2. Community Well-Being

Locally owned businesses build strong neighborhoods by sustaining communities, linking neighbors, and by contributing more to local causes.

3. Local Decision Making

Local ownership means that important decisions are made locally by people who live in the community and who will feel the impacts of those decisions.

4. Keeping Dollars in the Local Economy

Your dollars spent in locally-owned businesses have three times the impact on your community as dollars spent at national chains. When shopping locally, you simultaneously create jobs, fund more city services through sales tax, invest in neighborhood improvement and promote community development.

5. Job and Wages

Locally owned businesses create more jobs locally and, in some sectors, provide better wages and benefits than chains do.

6. Entrepreneurship

Entrepreneurship fuels economic innovation and prosperity, and serves as a key means for families to move out of low-wage jobs and into the middle class.

7. Public Benefits and Costs

Local stores in town centres require comparatively little infrastructure and make more efficient use of public services relative to big box stores and strip shopping malls.

8. Environmental Sustainability

Local stores help to sustain vibrant, compact, walkable town centres-which in turn are essential to reducing sprawl, automobile use, habitat loss, and air and water pollution.

9. Competition

A marketplace of hundreds or thousands of small businesses is the best way to ensure innovation and low prices over the long-term.

10. Product Diversity

A multitude of small businesses, each selecting products based, not on a national sales plan, but on their own interests and the needs of their local customers, guarantees a much broader range of product choices.

 


 

Want to pump up your local economy and create jobs?

The Local Multiplier Effect is the #1 way to build a prosperous future for your community.







Additional Resources

Download PDF of this page

A Valuable, but Hidden Economic Reality

Technical Definition of Local Multiplier Effect




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