Hello, Community! Thanks for stopping by the Business Discussion board. Today I'd like to share with you a post from the QuickBooks Blog that talks about success for small business equates to success for their communities as well. Let's take a look at some of the key points:
Small businesses improve mental health in the community
"Not only does a thriving main street get people outside and connecting with one another, small businesses often provide the resources necessary to keep us healthy. Your local yoga studio, therapist, vitamin shop, book store, and gym are all small businesses that play a role in holistic well-being. Even having a space like a coffee shop to meet with friends can improve your day."
Small businesses are better for the environment
"The larger the business, the bigger the carbon footprint. According to the World Green Building Council, building operations alone account for 39% of all global emissions. Small businesses often operate within smaller brick-and-mortar storefronts or e-commerce, lessening that operational impact. Residents with more local businesses nearby also log 26% less automobile miles, cutting down on emissions within the community."
Small businesses create jobs
"Small businesses make up 90% of businesses worldwide, which means employment is largely dependent on their success. In fact, according to a 2024 QuickBooks survey, more than half (54%) say job creation is considered the top benefit small businesses bring to their community."
Small businesses generate local tax revenue
"According to the QuickBooks survey on small business success, generating local tax revenue is a top benefit small businesses bring to their communities. That local tax revenue goes towards schools, health care programs, libraries, police and fire departments, and road maintenance. Shopping small could mean fixing that pesky pothole on your road or opening a new elementary school."
That sounds like something to celebrate! There are several other great points noted that you can check out by clicking the link above. What else do small businesses do for the communities they're located in? We'd love to hear your thoughts!
