The importance of buying local
We often hear people say we must buy local, or support local business. Is this just a tactic these people use to get us to buy from them instead of their competition?
Sometimes yes, but let’s look at the underlying benefits.
Buying local really means supporting a local small business, and most often, a family-run business. Supporting these businesses means that the profits stays here, and gets spent here as well.
Non-local business are typically big chains with a branch in the area but their head office in a big city somewhere. Their profits are typically sent back to head office, where it is used or pocketed by the shareholders.