Nacogdoches launched the citywide campaign, Shop Nac First, to raise the visibility and importance of buying local in our community. This campaign promotes local businesses and urges our residents to do their shopping and dining within Nacogdoches County. By shopping, dining, drinking, playing, and utilizing local services within our community, we can help Nacogdoches’ local businesses to remain unique, successful, and vibrant.
Stats from the Small Business Administration
There are 28.8 million small businesses in the country.
Small businesses account for 99.7% of all businesses in the U.S.
Small businesses accounted for 64% of new jobs created in the U.S. between 1993 and 2011.
Franchised small businesses employ roughly 8 million people, and make up 40% of all American retail jobs.
Small Business Stats from Other Sources
If you spend $100 at a local business, roughly $68 stays in your local economy. If you spend the same at a large business, $43 stays in the local economy (Source: Civic Economics Study).
If every family in the United States spent an extra $1o each month at a locally owned, independent business rather than a national chain, over $9.3 billion would be directly returned to our economy (Source: Custom Made).
Jessi Pinkert, City of Nacogdoches
The City of Nacogdoches and the Nacogdoches County Chamber of Commerce—along with other constituents in the community— have launched a reboot of our citywide campaign, Shop Nac First! This campaign was created many years ago to raise awareness of the importance of buying local within our community. This campaign promotes local businesses and urges our residents and visitors to do their shopping and dining within Nacogdoches County. By shopping, dining, drinking, playing, and utilizing local services within our community, we can help Nacogdoches’ local businesses to remain unique, successful, and vibrant!
What about online businesses? The lure of shopping online is sometimes hard to resist. Shopping local can also include online businesses owned by local Nacogdoches residents. Many of our Nacogdoches businesses have an online presence, and it is important to support them on their many platforms! Recent Supreme Court rulings regarding sales tax should make it easier for our city to collect sales tax from online businesses; however, shopping in person in a brick and mortar store will always have the biggest economic impact in our community.
Businesses that have a location in Texas have been required for many years to pay sales tax to cities where their customers receive deliveries of online orders. For example, there may not be a Nordstrom’s in Nacogdoches, but there is one in Texas. If you were to order a dress from Nordstrom.com and have it delivered to Nacogdoches, Nordstrom would pay the sales tax to Nacogdoches. Recently, the Supreme Court ruled this in as a nationwide manner! The new ruling will ensure all cities in Texas are receiving the sales tax they are entitled to. Many local businesses, specifically boutique retailers have an online shop as well as a store, and can offer free ship to store options. Purchasing local helps grow other businesses as well as the city tax base. Approximately 1 dollar for every 100 spent in Nacogdoches goes back to the City.
Buying local helps preserve the character and prosperity of the city we all love. Nacogdoches is as unique as it sounds, and is unlike any other city in the world. The unique character of Nacogdoches is what brought us here and will keep us here. By choosing to support locally owned businesses, we help maintain the diversity and distinctive flair of Nacogdoches. This week, we encourage you to make a purchase from your favorite local business!