Lord knows we here at Office Nomads LOVE local businesses. Not only are we one, most of our members run or work for local businesses and we frequent ones in our neighborhood often (with a focus on the Redwood Tavern down the block and Honey Hole sandwiches a block away). That’s why the 3/50 Project caught my eye on the coworking Google group this morning:
The 3/50 Project is an effort to get people to spend $50 a month in three local brick and mortar businesses on a regular basis. The goal is to make sure the business that drive the economy in which you live survive and thrive. When they do, your community does too. Simply put, if half the employed population spent $50/month in locally owned businesses, it would generate more than $42 billion in revenue, according to the 3/50 site. It also says that for every $100 spent in a locally owned business $68 returns to the local economy versus $43 when its spent in a national chain.
There’s another benefit too: You have a connection to the product or service you bought. There’s a person behind it, not just a giant mega-corporation (or maybe the mailman) which means your needs, your concerns and your accolades are heard and receive responses. So join us and support local businesses as much as possible.Social tagging: 3/50 project > Coworking > honey hole sandwiches > local business > redwood tavern