Why It’s Important to Support Small Business

In 2017, small businesses made up 99.3% of all private sector businesses in the UK. It seems that small businesses make up a large portion of the community, yet they are often overlooked. However, we think its super important to support small businesses- they are after all the backbone of a community!

 

Small businesses help the economy and local communities

If you walk through cities and towns, you’ll probably notice that many of them each have their own distinctive charm. This is due in part to the unique characters of the small businesses that make up these communities. Small businesses are also important for creating jobs – 16.1 million people were employed in SMES in 2017 in the UK.

 

Most small businesses are run by people- not robots

Small businesses generally have a real personality to them. They reflect the character of the individuals that make up the business. As a result, small businesses can carry a friendly, familiar feel to them.

 

It’s important to respect the risks small businesses have taken

Supporting small businesses is a huge sign of respect to the risks the entrepreneurs behind them have taken. Starting up a company is a huge financial risk and shows that the individual behind it is really passionate about what they’re doing. These individuals are trying to build their future the way they want it, and you’ve got to respect that.

“It’s important to support people who put their heart, soul and last dollar into something they believe in” – Jillionaire

 

Creativity and innovation stem from small businesses

Small and independent businesses can bring originality and creativity to a world that is often too corporate and homogenised. Small businesses need to stand out from the crowd and offer something different if they want to survive, so having a range of small businesses results in a great marketplace.

 

Customer service from small businesses is generally more personalised

Obviously, there will always be exceptions to this rule, but small businesses generally give great customer service. They’re often able to offer a much more personalised and hands-on service than larger companies. Many small businesses are able to build personal relationships with their customers, which in turn results in a great, memorable service.

 

So, what are your thoughts on supporting small businesses? Leave a comment below as we’d love to hear your opinion!