A moment where you can see and understand something clearly after researching the subject or having someone discuss the subject with you. Or maybe something happens around you and all of a sudden a Light Bulb comes on and it becomes obvious to you what it all means and what the ramifications will be. After having this Light Bulb moment you can't wait to share with someone, maybe everyone, but they don't always comprehend or have the Light Bulb moment in return. With a truly Light Bulb moment thou you can't and don't stop sharing because you need to share to the benefit of others. You want to see the gears turn in their head and see that instant when they grasp it and have a Light Bulb moment also.
1. 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.
2. Community Well-‐Being
Locally owned businesses build strong communities by sustaining vibrant town centers, linking neighbors in a web of economic and social relationships, and contributing to local causes.
3. 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.
4. 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.
5. Job and Wages
Locally owned businesses create more jobs locally and, in some sectors, provide better wages and benefits than chains do.
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.
7. Public Benefits and 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.
8. 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.
A marketplace of tens of 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.
New Rules Project www.ilsr.org
Have any questions ? You can contact us with those questions here locally, New Albany First an Independent Business Alliance that shares Buy Local information. Or visit us on our facebook page or our website.