Small businesses play an essential role in the economy and in the heartbeat of local communities. They create jobs, provide unique products and services, and help define the character of the places we live. Supporting small businesses goes beyond just purchasing a product; it has a broader positive impact on our environment, local economy, and even on personal connections.

At Lumily, we deeply believe in these values. That's why we've developed a Small Business Guide to help entrepreneurs thrive, and we are committed to empowering artisans and small business communities around the world. In this blog, we’ll explore why small businesses matter and how you can make a difference by shopping local.

Why Small Businesses Matter

Small businesses are the backbone of the economy, contributing to both the financial and social well-being of communities.

1. Job Creation: Small businesses create jobs in local communities and provide opportunities in underserved areas. Learn more about their impact on job creation and economic growth.                                                                              

2. Community Identity: They contribute to the unique culture of their local environments, reflecting the distinct character of a neighborhood or city.            

3. Local Economic Support: More of the money spent at small, local businesses stays within the community, contributing to local infrastructure such as schools and roads.  

At Lumily, we are committed to supporting artisans worldwide through fair trade, empowering small business communities globally. Our artisans’ stories are a testament to how small businesses make a lasting impact on communities.

Economic Impact of Small Businesses

Small businesses provide significant contributions to both the local and global economy.

• Job Creation: In the U.S., small businesses accounted for 44% of economic activity and created two-thirds of new jobs in recent years (SBA source, Business News Daily).

• Tax Contributions: The tax revenue from small businesses supports local services like public transportation, schools, and infrastructure.

• Encouraging Innovation: Entrepreneurs often start small, and small businesses are hubs of creativity and innovation, fostering a culture of problem-solving and unique offerings (World Bank source).

Cultural and Social Benefits

Beyond economics, small businesses enrich the cultural and social fabric of their communities.

• Unique Offerings: Small businesses often provide products and services that reflect local culture and heritage, making them special and different from mass-produced items found at large retailers. Explore our unique fair-trade products made by artisans around the world.

• Community Pride: Supporting local businesses fosters a sense of belonging and pride in the community. It brings neighbors together, creating personal relationships that go beyond simple transactions.

Case Study: Our work with local artisans, like those featured here, helps preserve traditional crafts while supporting local economies and empowering artisans.

 

Why Shopping Local Makes a Difference

Shopping local goes beyond buying products; it has a far-reaching impact.

1. Environmental Benefits: By shopping locally, you reduce the environmental impact associated with the transportation of goods. Read more about the environmental benefits of shopping local.

2. Boosting Local Economies: Shopping local keeps money circulating in your community, contributing to the growth of other local businesses. Learn how local spending boosts your community.

3. Personalized Service: Small businesses offer tailored customer service, unique products, and a personal touch that big retailers often cannot match.

At Lumily, we are committed to ethical sourcing and sustainable practices. Check out our eco-friendly product line to see how you can shop consciously and sustainably.

Sustainability Through Shopping Local

By supporting local businesses, you reduce your carbon footprint and contribute to more ethical practices.

• Reducing Carbon Footprint: Locally sourced products travel shorter distances, leading to fewer emissions. Learn how you can reduce your carbon footprint.

• Ethical Practices: Small businesses are more transparent, and it’s easier to verify that they follow ethical practices.

Lumily prioritizes sustainability in everything we do. Discover our sustainable products that promote eco-friendly living while supporting small businesses.

Empowering Women-Owned Businesses

Women-owned small businesses often face significant challenges but are powerful drivers of change. Shopping local and supporting women-led businesses can create ripples of impact.

At Lumily, we focus on empowering women artisans across the globe. Our Small Business Guide highlights ways to scale women-owned businesses and features products made by women, which you can explore here.

How You Can Support Local Small Businesses

Supporting small businesses is easier than you might think. Here are a few ways you can make a difference:

1. Shop Local: Whenever possible, choose local stores over large retailers. Explore local markets near you here.

2. Attend Local Markets: Visit local markets to discover new businesses and connect with small business owners. Find a farmers' market near you.

3. Provide Reviews: Share your positive experiences by leaving reviews and supporting your favorite businesses on social media.

Beyond Shopping: Small Business Advocacy

Support goes beyond just making purchases. You can also help by:

• Sharing Stories: Spread the word about the businesses you love.

• Volunteer or Mentor: Offer your time or expertise to help local businesses thrive.

Find out more ways to support artisans and small businesses on the Lumily Blog.

Your Guide to Supporting Small Businesses

Ready to take action? Explore our Small Business Guide to discover practical tips for scaling a women-owned business and for supporting small businesses in your community. Shopping small is not just about making a purchase; it's about making a difference.

Why Supporting Small Businesses Matters More Than Ever

Small businesses are the foundation of vibrant and healthy communities. They create jobs, preserve culture, and encourage ethical and sustainable practices. By shopping local, you are contributing to the well-being of your community and the world.

Explore our fair-trade products and make a difference by supporting small artisans and businesses today.

Explore our collection of fair-trade products and support small artisans worldwide. Shop now.