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This is from the website of the organization Local First Utah. I think they vocalized the ideas of locovores and localism succinctly.
Why Support Locally Owned Businesses?
Local Character and Prosperity
In an increasingly homogenized world, communities that preserve their one-of-a-kind businesses and distinctive character have an economic advantage.
Community Well-Being
Locally owned businesses build strong communities by sustaining vibrant town centers, linking neighbors in a web of relationships, and contributing to local causes.
Local Decision-Making
Local ownership ensures that important decisions are made locally by people who live in the community and who will feel the impacts of those decisions.
Keeping Dollars in the Local Economy
Compared to chain stores, locally owned businesses recycle a much larger share of their revenue back into the local economy, enriching the whole community.
Jobs and Wages
Locally owned businesses create more jobs locally and, in most sectors, provide better wages and benefits than chains do.
Entrepreneurship
Entrepreneurship fuels America’s economic innovation and prosperity, and serves as a key means for families to move out of low-wage jobs and into the middle class.
Public Benefits vs Costs
Local stores in town centers require comparatively little infrastructure and make more efficient use of public services relative to big box stores and strip shopping malls.
Environmental Sustainability
Local stores help to sustain vibrant, compact, walkable town centers — which in turn are essential to reducing sprawl, automobile use, habitat loss, and air and water pollution.
Competition
A marketplace of thousands of small businesses is the best way to ensure innovation and low prices over the long term.
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.
In an increasingly homogenized world, communities that preserve their one-of-a-kind businesses and distinctive character have an economic advantage.
Community Well-Being
Locally owned businesses build strong communities by sustaining vibrant town centers, linking neighbors in a web of relationships, and contributing to local causes.
Local Decision-Making
Local ownership ensures that important decisions are made locally by people who live in the community and who will feel the impacts of those decisions.
Keeping Dollars in the Local Economy
Compared to chain stores, locally owned businesses recycle a much larger share of their revenue back into the local economy, enriching the whole community.
Jobs and Wages
Locally owned businesses create more jobs locally and, in most sectors, provide better wages and benefits than chains do.
Entrepreneurship
Entrepreneurship fuels America’s economic innovation and prosperity, and serves as a key means for families to move out of low-wage jobs and into the middle class.
Public Benefits vs Costs
Local stores in town centers require comparatively little infrastructure and make more efficient use of public services relative to big box stores and strip shopping malls.
Environmental Sustainability
Local stores help to sustain vibrant, compact, walkable town centers — which in turn are essential to reducing sprawl, automobile use, habitat loss, and air and water pollution.
Competition
A marketplace of thousands of small businesses is the best way to ensure innovation and low prices over the long term.
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.
Where do you make the majority of your purchases? Do you make an effort to keep your dollars local? At what point do you draw the line between price vs effect of your dollars? Leave me a comment on the blog.
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