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According to the SBA, small businesses have generated 64% of all new private-sector jobs over the past twelve years. Taken by itself, the lone small business may not seem like it impacts much at all. But when we work together to build and foster a network of small businesses, we make our community, and our company, better all around.

Small businesses employ 77 million Americans and accounted for 65% of all new jobs over the past 17 years. In addition to helping build the local economy, there are also notable intangible benefits that come from supporting businesses in your local community.

In addition to contributing to the local community’s unique identity and being involved locally, small business owners help to build a sense of community. Their businesses tend to be people businesses. Small business owners are more likely to build personal relationships with their customers, knowing many of them by name.

Small Business Owners Give Back. In addition to building up the economy, small business owners also often give back to their local community.As residents with a deep stake in the welfare of the community in general, it’s not surprising that small businesses gives a higher percentage of revenue to their communities than national chains.

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Community service is just as beneficial for a business, and the benefits go well beyond the bottom line. There is a growing interest in companies that make corporate social responsibility (csr) part of their business platform. This interest is coming from the community, customers, employees and job seekers. community service and Job Seekers

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4 Ways Small Businesses Empower Their Communities. – Small businesses inject revenue back into local communities while. have a significant impact on the greater economy and are vitally important to helping. The National Community Reinvestment Coalition (NCRC) says that.

Making money is an important factor of having a business. Having enough products for the public is also important in business. Asked in Commercial Insurance , Stock Market , 2008 economic crisis