Blog

Things are looking up for local business

Recently, Local First Chicago shared an article from The Nation illustrating the “Localism Index.” (see image at right) The data shows that local businesses are growing and thriving.

Local business statistics:

Increase since 2002 in the number of Starbucks stores: 3,297 Increase since 2002 in the number of independent coffee shops: 4,923 Number of chain pharmacy locations that opened in 2009: 177 Number of independent pharmacy locations that opened in 2009: 474 Number of Independent Business Alliances and Local First groups in 2005: 30 Number of Independent Business Alliances and Local First groups in 2010: 143 View the article and download the full illustrated map here.

I shop local

I’ve always had a “shop local” focus with my small business. I partnered with a local company to develop my website, my line of greeting cards is printed by a local printer—not to mention the myriad of other local vendors that I work with. I’m also a member of Local First Chicago and a local Chamber, and host networking events geared toward local businesses. When I need a service or product, I always try to look within my local network first.

What about you?

Is your small business participating in local or neighborhood groups? Have you seen a difference in your business as a result? Have you noticed more independent shops or small businesses opening up in your neighborhood—or is it the opposite?