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Small Business Saturday is November 30!

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There are 30.2 million small businesses in America, defined by the Small Business Administration (SBA) Office of Advocacy as a firm with fewer than 500 employees. This number does not seem so small to most people and that can be verified by the fact than 99.7% of businesses in America fall into that category.  But when we look closer, we see the true essence of what we believe small businesses are. Businesses that employ fewer than 100 workers accounted for 98.2% of businesses in America. Even further, businesses with fewer than 20 workers made up 89% of businesses in America.

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Small businesses are responsible for the bulk of new job creation over the last 25 years!  From 1993 to 2016, 61.8% of new jobs were created within small businesses.  In 2015 alone, 1.9 million new jobs were created by small businesses with the majority (1.1 million) coming from businesses that employ fewer than 20 employees.

Unfortunately, despite the impact that small businesses can make on a community, only about half of small businesses survive beyond 5 years and only one-third survive beyond 10 years or longer. This is especially striking when you consider that small businesses employ 58.9 million people, around 47.5% of the country’s total workforce.

Taking all these things into account, we hope that you can see how essential your support for small businesses is for the success of the country. Small businesses truly are the backbone of our economy.

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When you break down the data, you can see why it is essential for America to support its small businesses and this Saturday, November 30is a great opportunity to do so; it is Small Business Saturday.

Small Business Saturday is an American shopping holiday held the Saturday after Thanksgiving every year in support of small businesses. It was first observed in 2010 in support of our small businesses in the face of Black Friday and Cyber Monday, shopping holidays that typically provide excess sales to large businesses.

Supporting local businesses allows you to keep that money in your community, grow the business, and potentially create more jobs for the people of your town, giving back to your community simply by shopping local.

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Happy Druggist Pharmacy is proud to be a small business in West Jefferson providing care for its people.  Please consider stopping by our store on Saturday. We are open from 9AM-1PM.  We would love to discuss with you your prescription needs and see how we can serve your family during the holiday season. We are so very thankful for your support over the last three years. We look forward to continuing to grow and to care for this incredible community.

Please also support Plain City Druggist and Midwestern Compounding Pharmacy in Plain City this Saturday and Happy Druggist on Karl Road in Columbus.

 

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