INTRODUCTION
Small businesses have taken a huge hit from the effects of COVID-19.
According to ZenBusiness, small businesses estimate the impact of COVID-19 to be $64,000 per business. This makes it even more important to support Small Business Saturday, which takes place Nov. 28.
Here are five reasons to support Small Business Saturday:
- The money stays in your community. According to Metro Family Magazine, for every $100 spent at a locally owned business, $73 remains in the local economy.
- Small businesses are flexible, with many owners taking your orders by phone, offering local delivery or curbside pickup.
- According to Fundera, small businesses donate 250% more than large businesses to community causes.
- Customer service tends to be better as small businesses often hire people with a better understanding of the products being sold and take time to get to know their customers. According to Score, 80% of consumers believe that small businesses provide better customer service than larger companies.
- According to Fortune, nearly 100,000 establishments have closed since the start of the pandemic. Thus, small businesses need our support more than ever.