The newsLINK Group - The Best Reasons to Buy Local

Editorial Library Category: Cities & Towns Topics: Buying Local Title: The Best Reasons to Buy Local Author: newsLINK Staff Synopsis: It’s possible to buy products that were made anywhere in the world. It’s possible … but it’s not always a good idea. Sometimes the wiser choice is buying products made locally instead. Editorial: The Best Reasons to Buy Local 4064 South Highland Drive, Millcreek, Utah 84124 │ │ (v) 801.676.9722 │ (tf) 855.747.4003 │ (f) 801.742.5803 Editorial Library | © The newsLINK Group LLC 1 It’s possible to buy products that were made anywhere in the world. It’s possible … but it’s not always a good idea. Sometimes the wiser choice is buying products made locally instead. Here are some reasons for buying locally for you to consider before you make that next purchase. • The money you spend will stay in your community. When you buy something local, the money you spend supports local businesses. When you buy something that was made somewhere else, and perhaps even in another country, the fact is that that money will leave the neighborhood and, possibly, the U.S. That’s great news for whoever sold it to you, but it’s not so great for the community you live in. • Local goods don’t include heavy transportation costs. The fact is that when a good is moved from point A to point B, the move costs money. The longer the distance, the greater the expense. Companies will always pass that cost on to the buyer. If you buy locally, the production costs are going to be lower, and there’s a good chance the price of the goods you buy will be lower, too. • Transportation is, unfortunately, a source of pollution. Buying close to home also means being more environmentally responsible and reducing pollution. • The farther you have to move something, the more likely it is that it will get damaged along the way. Damaged goods make it necessary for the vendor to raise prices on everything else in order to compensate for the lost materials. Local purchases have less opportunity for damage, and once something is yours, you can make sure that it is moved safely. • Local businesses are also local employers. If you buy something from a local business, then that means the business owner can afford to hire employees. If the product is really successful, the employer can pay employees more money. Who wouldn’t want better jobs and wages within a community? • Who will give you the best service? It’s not a trick question, and you do know the answer: people who know you and value your business. Local business owners and employees are people who you may have known all your life. Deep roots are sometimes the best roots, especially when it comes to doing business. • The most effective, proven way to improve your financial situation is to start a business. Not only do local businesses help people build prosperity for themselves, those businesses help everyone associated with that business. The middle class has become and endangered species. Giving your business to small businesses is an effective way to counteract that trend in a powerful way. • The leaders of local businesses know that their decisions will affect the community where they live, and they make their decisions accordingly. They know they will impact themselves as well as their neighbors, and as a result, they are more likely to make decisions that will benefit everyone. Someone who lives 2,000 miles away just doesn’t have the same community feeling of responsibility and stewardship. • Big national chains are the same anywhere you go. If you want a better, and different kind of store – one that fits into your neighborhood culture and that can’t be found anywhere else – then what you want is something local. A side benefit is that this kind of business will draw people from other places. Your city suddenly becomes a destination all in its own right. • Local businesses can guarantee a greater variety of products that have been tailored to the needs of a specific geographical area. That’s better than having product decisions made by people who have no idea what your city is really like. And the more businesses there are, the more they can compete on price and quality of goods. It’s a win-win all around. • Governments have ways to raise money, but one of the best in taxing businesses. A profitable business eases the tax burden on everyone else. Buying locally, therefore, will help governments keep the overall tax rate lower. • Local businesses are part of the community. As such, they have a reason to invest in that community. They can sponsor schools, donate to local charitable causes, and help the entire area become a better and more attractive place to be. They are a connecting force that can help neighbors create positive economic and social relationships. Businesses located somewhere else don’t have that personal motivation to “give back.” Or if they do, it’s usually in their own community … not yours.