Did you know that when you spend $100 at a local business, a significantly higher portion of that money stays in the local economy compared to spending the same amount at a chain store? Studies often cite that roughly $45 to $68 out of every $100 spent at local businesses...
recirculates in the community through taxes, payroll, and other expenditures, whereas the figure drops dramatically for large corporations. This phenomenon is known as the local multiplier effect, and it's a fun fact that underscores how supporting local businesses can directly..