When you need auto body repairs in Reno do you support your local auto body business? Do you think it’s important to support small business owners that make contributions to your community? Learn why you should always support your local auto body Shop in Reno & Sparks.
According to an article at mint.com, “Support Your Local Businesses”
“I talked with Cortese about her book, the state of local investing today, and steps that investors of any net worth can take to support their local business.
What was your inspiration for the book?
In the wake of the financial crisis in 2008, it was clear the financial system had major flaws and that people were looking for alternatives. That’s what I found at the inaugural national conference of Slow Money, a group with a sort of a Slow-Food-meets-finance focus on bringing money back down to earth. I was writing about sustainable business, food, and venture capital, so all these things came together. I too was looking for investing alternatives and when I looked around, I was amazed at all the grassroot organizations across the country.
Why is it so important to invest in small businesses?
Jobs are key. Small businesses create two out of every three jobs in this country. Multi-national corporations are net job destroyers, but ironically that’s where we have most of our money invested. Small businesses provide a lot of benefits that big companies don’t. They tend to keep more money circulating in the local economy. It’s called the “local multiplier effect.” They spend more locally in terms of wages, and spending on professional services like accounting and web design. They support the Little League teams, advertise in local media, give to local charities, and most of their employees are local. Every dollar spent at a local-owned business generates, on average, three times the economic benefits for a local community than one dollar spent at a corporate-owned chain store.”
Remember the next time you need auto body repairs in Reno don’t forget your local A1 Body Shop. For more information on our services click here to visit a1bodyshoprv.com. Your local auto body repair that’s been in business for over 40 years!