Saturday, June 13, 2009
The 3/50 Project
There has been lots of talk lately regarding the economy. People are concerned but don't know how they, as individuals can make an impact and get the economy back on track. Well, there is something you can do to stimulate your local economy. The 3/50 project was created out of necessity to get the message out about the importance of supporting small locally owned businesses. Think about all the small independent businesses in your community that you shop at and how you would miss them if they were gone. They need your support now more than ever. Your money is what keeps those businesses around.
If just half of the employed U.S. population spent $50 each month in independently owned businesses, their purchases would generate more than $42.6 billion in revenue.* Imagine the positive impact if 3/4 of the employed population did that. Now that's a stimulous plan that the government won't be paying for!
For every $100 spent in independently owned stores, $68 returns to the community through taxes, payroll, and other expenditures. If you spend that in a national chain only $43 stays here.
Pick 3. Spend 50. Save the local economy.
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*Cinda Baxter 2009 all rights reserved.