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Shop Small in DSM USA to Support Local Economy

November 26, 2013

The month of November is not only a time to stop and give thanks for that which we are grateful, but it is also a time to stop and look around at the tremendous opportunities for small business owners in Greater Des Moines (DSM). This is something we can all be thankful about, because when small businesses are flourishing, we know our economy is strong and growing. Saturday, November 30 is Small Business Saturday, which is a day to celebrate and support small businesses and what they do for their communities. 

As we all know, our region’s entrepreneurs do a lot to support DSM. Whether it is by starting a new venture or joining a local Chamber of Commerce, small businesses are the backbone of the local economy, and we must do what we can to support their efforts. You can start by not only participating in Small Business Saturday, but you can also buy local all year around. 

The Partnership’s research has found that every year, business and local governments in DSM spend over $13.4 billion for goods and services from out-of area suppliers. That’s $13.4 billion annually for out-of-market purchases that would play a significant role in the growth and development of DSM businesses. These dollars could mean expanded products and services, added jobs, salaries, better schools, parks, streets and public services. 

That’s why the Partnership and its Affiliate Chambers are encouraging residents to look for purchasing opportunities within the DSM — before they buy anywhere else. 

We don’t expect everyone to shift 100% of their business needs to DSM, but even a small shift in local spending would make a big impact. Shifting 5%, just 5% of your spending could add over $672 million a year to the local economy. That $672 million could cause a ripple effect in our local economy and generate an economic impact of over $1 billion – resulting in thousands of new jobs. 

As we move into the holiday season, let’s all look to our local businesses first and contribute to a better community in which to live, work, and play. 

Visit sba.gov/about-sba/sba_initiatives/small_business_saturday_2013 for more information about Small Business Saturday and for Get free Small Business Saturday® marketing materials - including sample posters, press releases, and social media updates.