I just received an interesting email about the 3/50 project, which I had never heard of, but as an independent retailer I will be looking into further. Here's some information from their web-site.
Did you know that:
- <span $68 of every $100 spent in locally owned independent stores returns to the community through taxes, payroll, and other expenditures?
- <span That figure drops to $43 if you spend the same $100 in a national chain?
- <span That figure drops to ZERO (!) if you spend the same $100 on-line?
- <span If half the employed population spent $50 each month in locally owned independent businesses, it would generate more than $42.6 billion in revenue?
That’s why the 3/50 Project was started. The premise is simple: Pick three independently owned local businesses that you would miss if they were closed. Spend $50/month in those businesses. Visit www.the350project.net for more information.
I will definitely make sure I spend more in my local community. Roscoe Village is a wonderful, thriving community, and our local businesses play a big part in that by contributing generously to community events and charities throughout the year. Pitch in and help keep our local economy strong.