By now, we’re all very familiar with Black Friday—the day after Thanksgiving. It was created by the retail industry to get us all in the shopping mood for the holidays. And then there’s Cyber Monday, the Monday after Thanksgiving that gets everyone holiday buying online. And now, there’s Small Business Saturday.
The first ever Small Business Saturday will take place on Saturday, November 27, 2010. It’s a day for us all to go out and celebrate the small businesses in our community because those are the businesses that employ our neighbors and reinvest more money back into the community. It’s a day to come together and support the small businesses of our neighborhoods.
There are 4 exciting pieces of data that should support your interest in the small businesses in your community.
For every $100 spent at small businesses, $68 is reinvested back into the local community. Job creation is the second reason to support small businesses. The SBA (Small Business Administration) estimates that half of all private sector employees are employed by small businesses. Small businesses also represent 99.7% of all employer firms. And for every year over the last decade, 60 to 80% of new jobs were generated by small businesses.
Everyone can get involved with Small Business Saturday and there are many ways to get involved. You can start by making others in your community aware of the event and helping to celebrate it in your community. You can visit www.facebook.com/smallbusinesssaturday where you can “like” Small Business Saturday and syndicate news feeds about the day to your personal, virtual networks.
You can take your support to the next level by shopping at the local, independently owned small businesses in your community.
Stay tuned for additional posts on this topic during the upcoming week. I’ll be featuring some local small businesses in my community.