This Saturday marks the 3rd Annual Small Business Saturday, a day dedicated to supporting the local small businesses that make up the fabric of our communities. With strong promotion from founding partner American Express, Small Business Saturday is bringing critical attention to the importance of small businesses during the most publicized shopping week of the year.
The importance of locally owned businesses to our communities can’t be understated – small businesses employ over half of all US workers, and are responsible for 75% of new jobs. And for every $100 spent at a local small business, $68 returns to the community – while that same $100 spent at a national chain returns only $43 to the local economy.
With over $300 million delivered to Main Street, On Deck is proud to help fuel the growth of thousands of locally owned businesses like Curvy Girls Bridal and GW Air Service.
This holiday season, we encourage everyone to shop at their independent, locally owned businesses.