The fact that small businesses are the backbone of the economy is often mentioned, particularly in government where there is constant debate about how to create jobs and strengthen local economies. In New York State, businesses are facing a tough tax climate and many small businesses are struggling to survive in the aftermath of COVID-19.
Both government and individuals can make a difference in improving the economic climate for small businesses. Shopping small and supporting local businesses is one way that individuals can help. Many of us have locally owned stores and shops nearby that offer great gift options and meaningful presents.
It is important for everyone to support small businesses in their communities, whether they are located on Main Street, Market Street, Water Street, or elsewhere. One nationwide event, Small Business Saturday, takes place on Saturday, November 25th, and aims to support small businesses. This event is organized by the U.S. Small Business Administration and seeks to promote and celebrate small businesses.