• Skip to primary navigation
  • Skip to main content
  • Skip to footer
  • (216) 592-2332
Facebook Linkedin Twitter
Inquire Now!
Small business loan resources in ohio
  • About Us
  • Programs
    • SBA 504 Loan Program
    • Community Advantage
  • Community
    • Events
    • Event Photo Gallery
  • Small Business Resources
  • Contact Us
  • Blog
Menu
  • About Us
  • Programs
    • SBA 504 Loan Program
    • Community Advantage
  • Community
    • Events
    • Event Photo Gallery
  • Small Business Resources
  • Contact Us
  • Blog
Search
Close

Small businesses can benefit from local interest

One survey shows that consumers are interested in local business for the better customer service.

You are here: Home / Small Business Tips / Small businesses can benefit from local interest

September 29, 2015 by boardmember1 Leave a Comment

For years now, the message of shopping local to benefit small businesses has been in the public consciousness, but has it really affected the way these companies perform? According to information from a new poll, consumers who are interested in supporting local companies appreciate benefits, such as the greater focus on customer service.

This data comes from this year’s Cox Consumer Pulse on Small Businesses, which draws from a sample size of 1,400 individuals nationwide for information on their small business habits. Nearly 80 percent supported local restaurants the most, and more than 70 percent believe “it’s important to buy local.”

In addition, more than half of the respondents prefer small businesses for customer service reasons, with both restaurants and food and beverage stores ranking the highest for “above average” service interactions. When asked how these businesses might improve their offerings, more than 50 percent of respondents cited more competitive pricing as an option.

Small business owners can take this information alongside the Paychex IHS Small Business Jobs Index. According to a recent press release, small business jobs, overall, are developing at a rate of nearly .48 percent higher than observed in 2005, despite a dip last month. Paychex CEO Martin Mucci acknowledged this by saying that, “Although the national index growth rates have varied this year, the overall trend remains positive.”

Capitalizing on this can be easier when entrepreneurs have business consulting experts at their disposal. These specialists can advise on financial issues as companies obtain the loans they need to sustain themselves and take advantage of consumer preferences.

Small Business Tips business growth,  local business,  shop local,  small business,  small business growth

Reader Interactions

Leave a Reply Cancel reply

You must be logged in to post a comment.

Social

Follow along on social media.

Contact

IMG Center
1360 East Ninth Street, Suite 950
Cleveland, Ohio 44114

  • Get Directions
  • (216) 592-2332
  • Contact

Navigation

  • Have A Loan?
  • Small Business Loan Programs
  • Loan Calculator
  • Community
  • Small Business Resources
  • Annual & Loan Activity Reports
  • Blog
  • Our History
  • Events
  • Contact Us
  • Have A Loan?
  • Small Business Loan Programs
  • Loan Calculator
  • Community
  • Small Business Resources
  • Annual & Loan Activity Reports
  • Blog
  • Our History
  • Events
  • Contact Us

Newsletter

Stay up to date by subscribing to our newsletter.
Click here to sign up

© Copyright 2022 Growth Capital Corp · All Rights Reserved · Website designed by Jennasis & Associates