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National Small Business Week – It’s a Celebration!

National Small Business Week is one of our favorite times to recognize the small businesses that have such a BIG impact on our economy. Between 1995 and 2020, small businesses accounted for 12.7 million jobs created (or 62%) while larger enterprises only accounted for 7.9 million (or 38%)*. More than half of Americans either work for or own a small business, and even further, small businesses account for 44% of US economic activity.

Though it feels a little needless to say, our lives would be a lot different if it wasn’t for the hard work and investment of small business owners in communities across the country. As a small business ourselves, we recognize the dedication it takes to build something special from the ground up – that’s what we feel like we’ve done here at GenWealth, and we’re lucky to be in a community full of incredible local businesses!

So, how can you take part and show your support during National Small Business Week?

  • Shop small – making a switch whenever possible to a local business can help support your local economy.
  • Opt for a local coffee shop and skip the Starbucks line.
  • Have dinner at a locally owned restaurant instead of a chain one night this week.
  • Visit a farm stand for fresh produce!
  • If shopping small isn’t in your budget right now, you can support your favorite local businesses by sharing their content on social media!
  • Tell friends and family about promotions at your favorite small businesses.
  • Enter giveaways on social media.
  • Take a moment to leave them a good review!
  • Take some time this week to encourage the entrepreneurs in your life!
  • A handwritten card, a phone call, or even a heartfelt text can go a long way in reminding them of your support.

*Source: Forbes

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.

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