The Local Multiplier Effect best explains the relationship between small, locally-owned businesses and the communities in which they operate. Every $1 spent locally may have an economic impact of $3 or more on our community. When small businesses thrive in our towns or cities, they are likely to:
- Hire staff locally, who in turn spend their wages locally as well.
- Hire local professionals, like accountants and attorneys, who then hire staff locally, who in turn spend their wages locally, and so on.
- Turn to local companies and businesses to source supplies, which then further stimulates the economy.
As you can see, spending our dollars locally ultimately ripples through many layers of our community's economy, in a way that shopping at Big Box stores simply can't. Supporting locally owned businesses is the best way to ensure a thriving town or city for years to come!
ShopHuntsville.ca is an effort, in partnership with the Huntsville Lake of Bays Chamber of Commerce, to strengthen the connection between our community and its' incredible small businesses. The small merchants that participate on this site are working hard to earn your business, and are reaching out to you to make it easy to support them. ShopHuntsville.ca connects you with local businesses within our community; offering everything from maps, hours of operation and payment methods to reviews and restaurant menus. Shoppers can also find an amazing selection of products from local stores; as well as coupons, deals, and gift certificates that you can purchase for yourself or as a gift, to be redeemed in-store or online.
Explore ShopHuntsville.ca and discover the fantastic small businesses right here in our own community!
