At HV Shred, we want to take a moment to focus on one of our favorite topics—the concept of “Think Local First”. As small businesses across America struggle to keep their independent, locally owned businesses alive during the current economic downturn, the idea of keeping it local has never been more important.
Recent national estimates state that for every $100 spent at local businesses, $68 stays in the community. When you spend that same $100 at a national chain, only $43 stays in the community.
Local businesses contribute sales tax, income tax, and keep our local people employed.
Aside from the obvious financial benefits of keeping our dollars local, there are many intangibles that speak to the pride our islanders feel about what local means to their community.
When we shop local, we:
1. Keep dollars in our economy.
2. Create local jobs. Local businesses are better at creating higher-paying jobs for our neighbors.
3. Help the environment. Buying from a local business conserves energy and resources in the form of less fuel for transportation and less packaging.
4. Nurture your community. We know you, and you know us. Studies have shown that local businesses donate to community causes at twice the rate of chains.
5. Conserve your tax dollars. Spending locally instead of online ensures that sales taxes are reinvested where they belong – in your community.
6. Create more choice. Local businesses carry a wider array of unique products because they buy and sell based on what they know local customers like.
7. Take advantage of expertise. Local merchants are passionate about what they do and how to serve you.
8. Invest in entrepreneurship. Creativity and entrepreneurship are what the American economy are founded upon.
9. Make us a destination. The more interesting and unique we are as a community, the more we will continue to attract new neighbors, visitors and guests.
10. And…it feels good!
To learn more about your local choice for on-site paper shredding and data security, please visit www.hvshred.com