For every $100 spent at a locally owned business, $68 of that will stay local compared to $43 if spent at a “big box store”. Even though people believe that local businesses are not as beneficial as a big box store, buying locally not only benefits the business but also the community because buying locally builds a strong community and the money you spend at a local business gets put back into the community. There are over 28 million small locally owned businesses in the United States and 70 % of these businesses are owned and operated by a single person. Owning a small business is not an easy task it takes hard work and dedication, Steve Jobs once said “you need a lot of passion for what you’re doing because it’s so hard”, people don’t realize …show more content…
The opposing side believe that local businesses are suffering due to “big box stores” and not being able to give as big of discounts or have as big of a selection of products. “People say, ‘Well, you lost your little stores,’ and that’s true. But it’s money-driven...if its $5 cheaper at one of the larger stores, we take advantage of it. I guess that’s human nature.” Carl R. Baldus Jr.
Big box stores are not bad, people just need to remember the local businesses need their support in order to keep helping the community these local owners are what builds strong communities so if you’re saving money buying from big box stores make sure to give back to your local businesses by spending it doing something fun locally.
Even though people believe that local businesses are not as beneficial as a big box store, buying locally not only benefits the business but also the community, buying locally builds a strong community and the money you spend at a local business gets put back into the community. People should realize how much a local business affects the community and that they need the community members support to keep them in business so that they are able to contribute to the community and help it grow for many years to come, keeping the sense of community and seeing people interact and get to know their fellow neighbors is the biggest goal a local business owner wants to
As a whole, building a Costco in the Longview/Kelso area would be exponential in improving this area's economic state. Being the most productive and profitable warehouse club chain in America, Costco building in Longview/Kelso would bring more business to this area and have a good effect on the economic state of our cities (Longo). Almost anywhere there is a Costco Warehouse, there is life and sustainability. Portland, Vancouver, and Camas thrive and they all have something in common; they have a Costco. Citizens love having a Costco nearby and Longview/Kelso would gain much from having one. One thing Longview/Kelso would gain from having a Costco, would be that Costco brings business into towns. Next to an average Costco, a customer could
There is no question that chain stores have a detrimental effect on the measurable character and community of small towns. Not only are residents effected economically and collectively, but the character of the area is also threatened or compromised. In conclusion, we should all take a step back and see how we can give back to our community by leveling the playing field for local businesses. The first step in doing so is to realize the negative influences chain stores impose on small towns.
Everyone loves to save money. In the tough economic times of today, every dollar counts. For some families, saving twenty dollars a week can mean the difference between having food on the table or not. Whether out of necessity or just the thrill of getting a good deal, American families have been relying on “big box” retailers for inexpensive products for decades. There really is nothing quite like going into one store and being able to buy clothes, groceries, auto supplies, pet supplies and items for the home. An entire day’s worth of shopping can be done in one place at a fraction of the time, at very competitive prices. These same stores also hire hundreds of employees from the community and are thought to benefit the city and county greatly with their tax dollars.
In order to gain the success it has had, Wal-Mart has no doubt affected small businesses. But in the place of small business Wal-Mart has been able to do far more for Americans than small businesses could. It provides consumers inexpensive necessities for life, it provides work for those who would otherwise have none, and it has a stake in the global economy that benefits our own with trading. Wal_mart
they shop. This in turn allows them to purchase more which directly helps the business.
The anti-Wal-Mart activists believe that the creation of giant discount stores in the rural regions of the United States will lead to their economic and cultural destruction. With economic impact studies, they show that Wal-Mart's incredible gains are in fact taken from other local merchants, whom finally run out of business. According to Sarah Anderson, an economic analyst with an anti Wal-Mart stance, the establishment of a new store near a small town destroys more jobs in independent businesses than it actually creates in hiring local workers (1994). Moreover, a Wal-Mart funded community impact study in Greenfield, Massachusetts demonstrated that the construction of a new mega store would create 274 jobs. But in long terms, the community projects to lost about the same amount in the locally owned competing businesses (Sarah Anderson, 1994). The anti Wal-Mart activists are also concerned by the return of the profits in its adoptive community. The economic spin-off of the money spent in local business is largely superior than with the discount store. But almost all the profits made in a Wal-Mart are returned...
Though in another area there would have to be a specific police unit to deal with these new stores. The insurance rate would also be astronomically high due to break-ins and the cost of the merchandise ...
Small towns are known for the thrifty shops, local coffee houses, and communities where everyone knows everyone. These small towns generally enjoy keeping their businesses small and supporting each other. They also tend to not like big corporations moving into their communities and taking away from the local businesses that have been there for years. This is what was demonstrated in the movie Store Wars. The small town Ashland located in Virginia prides itself on being American, Christian, and supporters of its community members. When the corporation giant, Wal-Mart, threatens to build in their town, the majority of the people in Ashland became worried and was totally against this happening. The town’s people found themselves fighting against
What core competencies do you think the company has and what is needed to exploit opportunity and counter threats.
A1: Dollar General's main business strategy is to focus on being the leading distributors of consumable basics, with 30% of the merchandise at $1.00 or less. Dollar General believes in maintaining an assortment of consumable merchandise and making shopping for everyday items hassle free and simplistic.
I love little local businesses, because it’s a business that you can’t find anywhere else but in that small town or large city. If Council bluffs had more local businesses more money would be going to Council bluffs instead of if you bought a big mac at McDonald’s the money goes to the McDonald’s Headquarters that is in Chicago Illinois. Or you could be buying a hamburger at a local business and essentially you would be helping Council Bluffs just by making that simple decision.
Gentrification is also eroding small business in many neighbourhoods. In low-income areas, there tends to be more independent economic activity as local residents start small businesses close to where they live. At the moment, these businesses face multiple threats. Rapid demographic changes are narrowing the customer bases of neighbourhood businesses, and increased property values are making these businesses less sustainable. Stephen Fowler, the owner of the ‘Monkey’s Paw’ bookstore that recently moved from Little Portugal to Bloordale, says that his store’s rent tripled after the building was sold to a new owner. He notes that “little diner[s], or little junk store[s], those things are all getting priced out, because all of a sudden there
Local business have been able to expand due to the massive amounts of tourists who come and sample local cuisine or check out local merchandise made by various natives
Small businesses have been considered the mainstay in countries around the world. In many European countries for example, the small business has been considered crucial to the success and flourishment of the country in general. Most individuals start upon a small business venture in the hopes of realizing ownership, independent profits and personal success. Small businesses can prove extremely successful when planned properly. Studies suggest that several small businesses, however, close or fail within the first few years of operation. This failure suggests that a majority of small business owners may not have as yet realized the crucial success factors necessary for successful implementation of a small business.
If a person is to walk into a Wal-Mart most people can agree that it is a very convenient store having a wide variety of not only beverages and food, but other sections as well. The store has cosmetics, toys, electronic devices, crafts, and clothes. This happens to not only be half of what the store actually carries. This makes Wal-Mart the perfect shopping place to pick up all needs from garden utensils and plants as well as a new TV for a super bowl with their layaway feature! To top it all off this super store is open twenty four hours a day for any purchase that needs to be made. It is four in the morning and forgot the year anniversary is in the morning! Not to worry! Wal-Mart is open to pick up a diamond necklace and a set of matching earrings. Making Wal-Mart one of the superstores that anyone could really want in their town. All in all Wal-Mart is a phenomenal store to have in a town especially with lowest prices around. These examples are the only positive reasons for having a Wal-Mart being placed where an average of 179,000 square feet of trees are supposed to reside, but they are not just trees. They are