Why You Should Frequent Small Businesses - And Pay With Cash

Posted under: SMB
Date: 2024-01-03
Why You Should Frequent Small Businesses - And Pay With Cash

Small businesses, defined by the U.S. Small Business Administration as those with 500 or fewer employees, make up 99.9% of American businesses, playing a crucial role in the economy. Supporting these enterprises brings several advantages, including community enrichment, reduced carbon footprint, unique and quality products, and personalized customer service. Local spending keeps money within the community, supporting wages, local goods, and community initiatives. Additionally, shopping at small businesses can contribute to environmental sustainability by shortening supply chains. The curated product selection often offers higher quality and more distinctive items compared to mass-produced options from large retailers. Personalized customer service, often provided by the business owner or a small team, enhances the shopping experience. Using cash when shopping small is encouraged as it saves business owners 2-3% in transaction fees, providing immediate access to funds.

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