Question

Why are local level businesses important?

Answer 1

Increase Community Economic Health

Many times, a localized company will deliberately patronize other local businesses to create a thriving localeconomy. Bolstering sales of their friends and neighbors creates strong community bonds and keeps money in the community, instead of sending it to corporate shareholders.

Answer 2

Answer:

Small businesses are important because they provide opportunities for entrepreneurs and create meaningful jobs with greater job satisfaction than positions with larger, traditional companies. They foster local economies, keeping money close to home and supporting neighborhoods and communities.

Hope this will help you