Why Shop Local?
WellesleySquare.com is dedicated to helping our local merchants harness the power of the Internet and interactive social media tools for the benefit of their business. Shopping at locally owned stores provides significant economic advantages to the community, which, in turn, promote its vibrancy:
- Local shopping keeps money in our local economy: In fact, one dollar spent locally has the potential to turn over three times in our own community.
- Supporting local businesses helps fund and maintain jobs, since such businesses employ a wide array of supporting services, and the outflow of economic wealth. Local retailers and distributors carry a variety of locally made goods, which also creates more jobs for local producers.
- Local businesses pay more state and local taxes, thus keeping the tax flow community based.
- A healthy retail sector is attractive to new businesses considering location in the community, promoting a steady cycle of growth.
In addition to these economic benefits, a thriving local business base supports a sense of community, and even neighborhood, that preserves local character. Local shops can provide a more personal and diverse shopping experience, along with more refined expertise and base of knowledge about their products. Also, community-based businesses are essential to charitable endeavors, since it is often these merchants who serve on local boards and support a variety of local causes.
Perhaps the greatest benefit of robust local shopping for our children and grandchildren is that it helps to preserve the environment by encouraging consumers to shop close to home.
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Each month, WellesleySquare.com will feature one of our local merchants, artists, or service providers and their connection to the community. Look for our first Merchant Snapshot coming soon.
