Wednesday, September 1, 2010

The 3/50 Project

It's tough out there. This is the worst economic times of my generation. It's tough on the individual and it's tough on businesses. In particular (I bet you saw where this was going), it's tough on the independently owned shops in your neighborhood. We came across a website (and a movement) that's trying to educate people to the dangers for small businesses, but more importantly, on how each of us can make sure our favorite little shop is around this time next year. It's called:

The 3/50 Project

So what does 3/50 mean? Read on...

3 - What three independently owned businesses would you miss if they disappeared? Stop in. Say hello. Pick something up that brings a smile. Your purchases are what keeps those businesses around.

50 - If half the employed population spent $50 each month in locally owned businesses, it would generate more than $42.6 billion in revenue. Imagine the positive impact if ¾ of the population did that.

68 - For every $100 spent in locally owned independent stores, $68 returns to the community through taxes, payroll and other expenditures. If you spend at a national chain, only $43 stays here. Spend it online and nothing comes home.

1 - The number of people it takes to start a trend... you.

Pick 3.


Spend 50.

Save your local economy.

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