The Impact of a Small Business

Small business is vital to a local economy. Sixty-eight out of one hundred dollars stays in the local economy when spent at a small business as opposed to forty-three out of one hundred dollars when spent at a corporation (Fundera.com) . Many people in the media and politics talk about the importance of small business, but at times it seems as though small business owners are low on the list of priorities. More important than keeping your dollar local, small businesses are your neighbors, friends, and family members. It is important to support them. According to SBA.gov, small business employees 58.9 million people or roughly 47% of the private workforce in 2018. This is a significant number. Its significance shows small businesses’ impact on the national economy.

NC Aerial Imaging Service is a locally owned small business. It is owned and operated by myself. I wish to start and grow my business in Greenville and Eastern North Carolina. NC Aerial Imaging Services can help the real need of businesses in the area to market and sell their product through aerial pictures and videos. It is my dream to be able to help contribute to our economy by adding jobs to our local economy. 

Please consider your local businesses when you decide where to spend your money!

https://www.fundera.com/blog/local-business-statistics, Retrieved on 4/22/2021

https://www.sba.gov/sites/default/files/advocacy/2018-Small-Business-Profiles-US.pdf, Retrieved on 4/22/2021

Cortese, A (2011), Locavesting The Revolution in Local Investing and How to Profit From It, John Wiley & Sons, ISBN 978-1-118-97273-1