http://somlocal1st.livejournal.com/ ([identity profile] somlocal1st.livejournal.com) wrote in [community profile] davis_square 2009-10-16 04:19 am (UTC)

Other ways in which local businesses contribute

Thanks to all for your thoughts and comments. Please keep them coming!

To add to the discussion, I also wanted to mention the ways (other than jobs) that local and independent businesses contribute to the economy.

--2 to 3 times more dollars stay in the community when we spend at local independents. This happens because local businesses purchase more products and especially services (web design, legal, tax/accounting, etc.) from other local businesses.*

--Local independents contribute 350% more to local nonprofits*

Check out this and next edition of the Somverville Scout for the Top 10 reasons to buy local.

*http://www.civiceconomics.com/localworks
**http://www.civiceconomics.com/Andersonville/

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