Benefits

Posted on September 30 2009 by admin

Benefits of Living Local

1. You keep dollars in our community
For every $100 you spend at a locally-owned business,
$68 stays local. For every $100 spent at a national chain
or franchise, only $43 stays local.

2. You embrace what makes Quincy unique
By preserving Quincy’s distinct character, our community
is more likely to attract new investment. Homegrown businesses also attract visitors.

3. You create local jobs
Studies show that locally-owned businesses create more jobs, typically pay
better wages and are more likely to provide benefits than national chains.

4. You help the environment
Supporting locally-owned businesses conserves energy and resources,
requiring less fuel for transportation and less packaging.

5. You nurture community
Locally-owned businesses typically contribute more than twice
as much to charitable causes than national chains.

6. You conserve your tax dollars
Supporting locally-owned businesses instead of shopping out of town
or online ensures your sales tax dollars are reinvested in our community.

7. You create more choice
Locally-owned businesses cater to Quincy. Product and service offerings
are based on the distinct needs of you, the friends and neighbors we serve.

8. You invest in entrepreneurship
America was built on the entrepreneurial spirit. Nurturing locally-owned
businesses keeps Quincy’s economy strong.

9. You invest in local success
Quincy is home to independent business owners who consider our community’s needs
in business decisions. Locally-owned businesses spend more money on local services.

10. You fulfill your civic responsibility
When you support locally-owned businesses, you act as a citizen first and consumer second.


    Live Local Effect in Quincy
    Assuming 10% shift to spending more money locally would increase sales at:

    • General Merchandise Stores: $8,547,139
    • Food: $5,699,785
    • Drinking and Eating: $3,770,610
    • Apparel Stores: $1,095,288
    • Furniture, Household, and Radio: $2,217,225
    • Lumber and Hardware: $3,416,628
    • Auto: $7,869,005
    • Drugs and Misc.: $3,899,715
    • Agriculture: $3,901,307
    • Manufacturing: $516,752

    Total Positive Economic Impact in Quincy based on increased locally generated Sales Revenue $40,933,458

    If $68 dollars out of every $100 spent stays in our community—this is an economic impact of $27,834,751

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