Support Small Business?
Support Small Business?
The Andersonville Study of Retail Economics
http://www.civiceconomics.com/Andersonville
This compelling study, finds that locally owned businesses generate 70 percent more local economic impact per square foot than chain stores. They found that spending $100 at one of the neighborhood’s independent businesses creates $68 in additional local economic activity, while spending $100 at a chain produces only $43 worth of local impact.
The Economic Impact of Locally Owned Businesses vs. Chains: A Case Study in Maine
http://www.newrules.org/retail/midcoaststudy.pdf
Three times as much money stays in the local economy when you buy goods and services from locally owned businesses instead of large chain stores, according to this analysis, which tracked the revenue and expenditures of eight locally owned businesses in Midcoast Maine.
Economic Impact Analysis: A Case Study
http://www.liveablecity.org/lcfullreport.pdf
The study finds that spending $100 at Borders creates $13 worth of local economic activity, while spending $100 at the local stores generates $45 in local economic activity.
Note: The On-Campus CCSU Bookstore is run by BARNES & NOBLE COLLEGE BOOKSELLERS. Another Bookstore is independently owned and operated.