If you survived Black Friday without wedging yourself in massive lines at the mega-stores, then be sure to support your local economy by joining ‘Small Business Saturday.’
An estimated 70% of revenue generated by small businesses stays within the local community. On the flip side, the profits from the superstores could be going to pay the tens-of-million-dollars’ salary to their CEO, who may be out of the state, or even out of the country.
The effort to direct local consumers to shop at their local stores is now in its eighth year. The annual event has become the biggest sales day of the year for small businesses.
According to founding partner, American Express, more than 112 million people shopped at small business Saturday events last year, spending more than $15 billion dollars.
“Meet the Block” with the Miami Downtown Development Authority invites residents and small business owners to gather for a DDA sponsored Neighborhood Kick-off Breakfast on Saturday, between 8 a.m. and 10 a.m. in the mindwarehouse|connect location at 111 NE 1 Street 7th Floor, Miami.
The event will feature a pop-up bazaar with curated items from local retailers.
Miami DDA was selected by Small Business Saturday® founding partner American Express to be a Neighborhood Champion. This marks the second time the thriving downtown authority has been selected. The DDA says their goal is to celebrate and rally community support for downtown’s small businesses.
Small businesses in Palm Beach County are geared up for the yearly boom also. The Bombshell Boutique, located at 435 25th Street Unit A, West Palm Beach, is hosting a Shop Small Business Saturday event from Noon until 5 p.m.
Shelly Smith, Palm Beach County native and owner of the Bombshell Boutique, has made it her mission to be a serial collaborator within the local community. Using pop up shops as her model, the 32-year-old Palm Beach County native, gives other local businesses the opportunity to showcase their wares inside her storefront.
Important facts about local businesses:
- Many small businesses benefit from having the owners on site. Who better to offer assistance for all of your shopping needs?
- Looking for local products? You’ll most likely find them in local businesses, of course.
- Local businesses are big supporters of community sports teams and arts programs.
- Buying local keeps 4 times the money in the local economy, compared to big chains.
- When you shop small, you’re supporting the dream of a small business owner.