In 2020, big businesses got bigger and small businesses died. … Small businesses owners have struggled during the pandemic, with the number of small businesses in the US dropping by 29% since January. [Business Insider]
Real estate companies are getting larger too. Homebuyers don’t really care if a home is listed by a large corporation or by a small women-owned real estate company like mine. They just want to buy the house.
The profits from my small business stay right here in St. Paul. I don’t pay a franchise fee or buy my marketing materials from the company store. Even this website is hosted through a local company and was designed by a local small business.
Small businesses are the lifeblood of the U.S. economy: they create two-thirds of net new jobs and drive U.S. innovation and competitiveness. This was true before the pandemic.
Whenever I have a choice I choose to buy goods or services from small businesses. I strongly prefer small local minority-owned and or women-owned businesses and you should too.