It’s Small Business Season!
It’s Small Business Season!
From November 1 – December 31st, we’re celebrating Small Business Season™. The chamber is
encouraging every person of our community to support friends and neighbors by shopping,
dining, and exploring our small businesses.
Small Businesses Are a Big Deal to Cottage Grove
Small business made up over 60% of all new jobs this year and yet they face many challenges
from rising costs to filling vacancies. Plus, according to JP Morgan Chase, “The median small
business holds (only) 27 cash buffer days in reserve. Half of all small businesses hold a cash
buffer of less than one month. Moreover, 25% of small businesses hold fewer than 13 cash
buffer days in reserve.” That means over 50% of small businesses wouldn’t last over a month on
their reserves.
They need our help, and we need theirs. On average, $68 of every $100 spent locally stays in
our community. Most of us turn to small businesses first when we’re seeking help for our
nonprofits, youth activities, and sponsorships. When they thrive, we thrive!
Where you spend your money this holiday season matters.
Support small businesses by patronizing them and/or:
- Writing reviews
- Referring friends
- Checking-in and taking pictures or videos and sharing them on social media when you’re visiting small businesses
- Sharing small business posts on social media
- Talking about your favorite businesses on social media
- Participating in small business contests or events
Join us and pledge to support local this holiday season. Shopping small can make a big
difference.