Here's why you should support small businesses

Small businesses are the new 2025 spotlight due to the easy accessibility and set up, but the growth part - not so easy.

As of 2024, a staggering 33 million small businesses have emerged in the U.S with fewer than 500 employees. The thing about small businesses is they are easy to create, and mainly run online with as little staff as possible which increases the chances of revenue.

When it comes to growth, there a few factors to consider like marketing, strategies and correct advertisement to ensure smooth running of the business. Therefore as a fellow newly established blogger, I would like to list down for why I think we should collectively support entrepreneurship.

Social Benefits

1. Support: Supporting small businesses means supporting their hard work and dreams.
2. Preserving Local Culture: Small businesses help keep culture and traditions alive by introducing local handicrafts.
3. Building Relationships: Small businesses not only foster strong relationships between owners, customers and employees, but it is possible to master the art of marketing and sales.

Community Benefits

1. Unique character: Small businesses animate the community by making them more vibrant and colourful.
2. Personalised service: It is possible to make custom orders which strengthens customer-employee relationship.
3. Community engagement: By sponsoring events and supporting local causes, small businesses frequently engage with the community.

Economic Benefits

1. Job creation: Small businesses stimulate local economic growth by bringing job opportunities.
2. Tax revenue: Small businesses contribute to local tax revenue, supporting public services and infrastructure.

Innovation and Diversity

1. Innovation hub: Small businesses are often incubators for innovation, developing new products by bringing diverse ideas.
2. Niche expertise: Small businesses usually specialise in their niche areas, providing expert knowledge and services.

Conclusively, if you are planning to start a business and dream big about it, just go for it. It is an unmatched journey of ups and downs but in the end you engage with like-minded people, learn patience and reliance while bringing back sales and more opportunities for your business.