Small business owners across the U.S. mainland and Puerto Rico are preparing for the most important shopping day of the year, “Small Business Saturday,” an event sponsored by the U.S. Small Business Administration.
Now in its sixth year, Nov. 28 is a day where every shopper can play a part to support their local economy and the small business owners who provide the majority of economic growth.
“Small Business Saturday plays a key role in driving customer traffic and growing revenue for our 28 million independent businesses during the important holiday retail season. We’re also encouraging consumers to ‘dine small’ by grabbing a bite at a local eatery,” said SBA Administrator María Contreras-Sweet.
By shopping local and small the majority of the money stays within the community, she said.
“Small business owners … are the fabric of our daily lives. They have energy and passion for what they do, and when we support small businesses, jobs are created and local communities preserve their unique culture,” she said.
The SBA provides small business owners with access to counseling services, capital to grow or start their business, and a connection to the federal marketplace and corporate supply chain.
“More than anything, these entrepreneurs also need customers. Small Business Saturday also provides us an opportunity to honor and celebrate the hardworking men and women that are creating jobs and fueling the economy in their local neighborhoods,” Contreras-Sweet added.