In tough economic times, when a number of businesses—both large and small—are struggling to keep their doors open, it is important to spend your money close to home to help local businesses not just survive, but thrive. According to the Mile High Business Alliance, over 500,000 locally-owned businesses fuel Colorado's economy and employ over 1.5 million Colorado residents. Studies have shown that when you buy from locally-owned businesses, more of your hard-earned dollars are used to by from other local businesses, farms and service providers, and every dollar you spend locally will recirculate at least three times before leaving the local community.
Office Liquidators is proud to support the "buy local" philosophy and encourages our customers and clients to continue the tradition of "community" by looking out for locally-owned businesses by buying local.
Why buy local? When the money you spend remains in the area, the economic base of the community is made stronger. Also, when purchases are made locally, less transportation out of the area is required, contributing to less traffic congestion, air pollution and loss of animal and plant habitats. Also, buying local contributes to the "green" initiative of saving and preserving the environment and reduces the negative impact businesses sometimes have on the environment.
Why Buy Local?
Office Liquidators appreciates the importance of buying local, and we encourage you to support local businesses as often as possible. By keeping your money in the community, you are benefitting local business owners (and yourself) in many ways:
· You have helped to create more jobs (supply/demand)
· You get better service when served by locals
· You have invested in your community
· You have encouraged product diversity
· You have helped the environment
Independent, local business owners almost always purchase the goods and services they need from other local, independent businesses allowing more money to stay in the community.
According to Civil Economics, when you buy local, $73 out of every $100 stays in the community whereas when you buy from a large, non-locally-owned business, only $43 out of every $100 remains in the community.
Just how important are small businesses to the U.S. economy? Consider these statistics provided by the Office of Advocacy in 2010. Small businesses:
· Employ more than half of private sector employees
· Pay 44% of the entire U.S. private sector payroll
· Generated just under 65% of new jobs in the last fifteen years
This weekend is “Small Business Saturday” and is your opportunity to support your local small businesses. We support the "buy local" initiative and encourage you to do the same.
With over 40 employees in a 53,000 square foot warehouse, Office Liquidators (once with only two employees working a 9,000 square foot showroom) proudly serves all of Colorado as the largest used office furniture retailer in the state. If you would like to learn more about Office Liquidators, or to shop for used office furniture, please visit the rest of our website today.