What’s lost when we shop at big box retailers like Amazon, Target, or Walmart? As a result, we are separating from each other, our local businesses, and our communities. But change is in the air. Cambridge Local First (CLF) is a successful example of how we can create a grassroots economic movement locally. CLF is a non-profit network promoting 500+ local, independent businesses in Cambridge, Massachusetts.
The Sad Reality of Where Your Money Goes When You Shop at Large Chain Retailers
When we buy from large chain retailers or “big box” stores, only 35 cents of each dollar spent, on average, remains in the community—the rest goes to outside interests, corporate headquarters, or overseas. Large national or multinational corporations tend to show little concern for our local environment, sustainable business practices, or the overall quality of life in our local community because of their vast business scope.
The Benefits of Shopping Local
Fortunately, we have an alternative. By supporting independent, locally-owned businesses, we can keep 65% more of each dollar in the local economy and form long-term relationships with local businesses invested in our community. Plus, many employees prefer working for independent small businesses.
The Change Makers: New Business Network Fights For Locally-Owned Independent Businesses
Across America, a new type of non-profit network is forming to advance the interests of locally-owned independent businesses.
Cambridge Local First is a locally owned and independent business network formed in October 2005 to build a robust local economy and a vibrant community. The mission of CLF is to support, promote, and celebrate a “Local Economy Community” by educating the public and government about the significant environmental, economic, and cultural benefits of a stable local economy. They encourage consumers, businesses, and government agencies to support locally owned businesses. CLF brings together independent businesses for networking opportunities and supports city ordinances and regulations that promote locally owned businesses.
For example, CLF explains the consumer purchasing power of shopping locally. “Each dollar you spend at independent businesses returns three times more money to your local economy than one spent at a chain (hundreds of times more than online purchases),” says Forbes.
Plus, they are job creators and help the local economy. “Not only do independent businesses employ more people directly per dollar of revenue, [but] they also are the customers of local printers, accountants, wholesalers, farms, attorneys, etc., expanding opportunities for local entrepreneurs,” reads a Cambridge study.
CLF Shows That Local Businesses are the Backbone of the Economy
Cambridge Local First gives local businesses the boost they need. These businesses are the backbone of our neighborhoods and economy. With the support of organizations like CLF, our independent businesses and communities can thrive together.
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