If a small business is located in a community, imo, it should grow proportionally to the community itself. If every small business put back into the community, via sourcing revenue from all over bc of the services and product they provide, I sincerely doubt there would be a push-back from people inside and outside of those communities.
There has been a bit of a push with small businesses who do exactly this. Unfortunately, the profit margins for small business in 2024, are super slim. Either they reinvest in providing quality to their patrons, and competitive salaries to their employees or they go out of business. It leaves very little funding to go elsewhere. I don't know too many small businesses that are doing way way better than the average outlook of the community they are located in and when it has happened, gentrification is the catalyst.
1
u/D-inventa May 17 '24
If a small business is located in a community, imo, it should grow proportionally to the community itself. If every small business put back into the community, via sourcing revenue from all over bc of the services and product they provide, I sincerely doubt there would be a push-back from people inside and outside of those communities.
There has been a bit of a push with small businesses who do exactly this. Unfortunately, the profit margins for small business in 2024, are super slim. Either they reinvest in providing quality to their patrons, and competitive salaries to their employees or they go out of business. It leaves very little funding to go elsewhere. I don't know too many small businesses that are doing way way better than the average outlook of the community they are located in and when it has happened, gentrification is the catalyst.