DYK?
66 cents of every dollar spent at a small business stays local versus only 11 cents spent at a multinational retailer.

According to new data from the Canadian Federation of Independent Business. for every dollar spent at a small business, 66 cents on average stays local.

Source: https://www.cfib-fcei.ca/en/media/66-cents-of-every-dollar-spent-at-a-small-business-stays-local-versus-only-11-cents-spent-at-a-multinational-retailer

Did you also know that according to the Business Council of Canada, as of 2015, entrepreneurs lead 98% of all small and medium-sized businesses in the country — and they create nearly half of all new jobs, generate approximately one third of the Canadian GDP, and produce a quarter of our exports.
Source: Futurpreneur | December 18, 2023 blog

Here are some ideas on how you can help your community by ‘buying small business/buying local’:

• Look at the product label to see where it was made – if possible, first choose items made in BC, then Western Canada, then Canada.
• Whenever possible, buy from small businesses and independent retailers rather than large retail chains. Sometimes it might be slightly more expensive, but supporting local small businesses supports your community.
• Winter markets and craft fairs are a great way to discover gifts for friends or family. You might be pleasantly surprised at your options – a jar of jam, hand-blown glass, a painting by a local artist – the possibilities are endless!

In a nutshell, local businesses are something to be proud of – from the butcher to the yoga studio – and when we all support them, we can also help entrepreneurship thrive, which adds to local prosperity and innovation. Every local retailer is one of our neighbours who has taken a risk to make our community a better, stronger place. When we all buy local, we tell our neighbours and shopkeepers that we believe our community is worth investing in.

To your success ~ Cathy

Now Go Get  Connected!

An award-winning Leader, Entrepreneur and Business Development Consultant, Cathy teaches entrepreneurs how to increase their influence; build their business and stay sane while doing it. She helps you to let go of limiting beliefs to “Stand Up, Stand Out & Step Forward” for business success. Named one of the Top Ten Mentors by StartUp Canada, Cathy is recognized across the country for her expertise on “All Things Small Biz”. She is the Founder of the Connected Woman community, a Director on the Board of WeBC (formerly the Women’s Enterprise Centre), author of numerous books and articles, host of the podcast When Women Talk, and is a networking maven. (whew!)

For information on upcoming workshops, business coaching or to engage Cathy as a Keynote speaker at your next event, visit www.cathykuzel.com