~Small Business Saturday TM hopes to boost Valley mom-and-pop shops
Sat, 30 Nov 2013 22:44:57 GMT —
Mostly everyone knows about Black Friday, but small businesses around the Rio Grande Valley hope they also see an increase in sales over the weekend.
Small Business Saturday may be the boost mom-and-pop stores are looking for.
According to the government website the Small Business Association, Small Business Saturday is a day to celebrate and support small businesses and all they do for their communities.
On Twitter, small businesses, shoppers and politicians alike are using the hashtag #SmallBizSat to encourage others to shop small and local.
According to CBS News, President Barack Obama stopped by Politics & Prose, a small business bookstore in Washington DC.
Small Business Saturday started three years ago in 2010 to encourage consumers to spend their money at small businesses in between Black Friday and Cyber Monday.
According to American Express, When you shop small at independent, locally owned businesses, 52% of what you spend stays right in your community, supporting local organizations and services.
In 2011, the U.S. Senate passed a resolution to officially recognize Small Business Saturday.
The resolution hoped to increase awareness about the value of locally owned small businesses.
For every $100 spent at locally owned businesses, $68 is returned to the community through local taxes, payroll, and other expenditures, according to the U.S. Senate TMs resolution.
The resolution also said the 65% of jobs are generated through small businesses.
Back home, local businesses throughout the Rio Grande Valley are participating in Small Business Saturday.
To find out what local businesses are participating in Small Business Saturday click here.