With Small Business Saturday, Nov. 30, a new study released by the National Federation of Independent Business (NFIB), the nation’s leading small business organization, shows that North Dakota’s Main Street businesses are doing more for their communities. It also showed how valuable it is to the community. local economy.
“This report confirms the positive impact small businesses have on their communities,” said Don Larson, NFIB North Dakota State Director. “North Dakota’s Main Street serves neighborhoods, charities, and schools.”
According to the 2024 Small Business Community Contribution Report:
“Nearly three-quarters (76%) of all small business owners have volunteered their time to a civic organization, charity, youth sports program, school, religious organization, or similar cause in the past 12 months. He reports that he worked hard. “The most common way small businesses used to support their communities was through financial support… 90% of small business owners reported that they had received support from their local community, civic groups, charity or youth sports in the past 12 months. Financially supported a program, school, religious organization, or similar activity.” “Sixty-three percent of small business owners report making in-kind donations… (e.g., providing meeting space for local fundraisers, donating excess inventory for a cause, raising funds) etc.).
This report examines the community involvement of NFIB members and provides a national snapshot of small business involvement in local communities across the United States. A typical NFIB member employs one to nine people and reports annual gross sales of approximately $500,000.
Don Larson continued, “The best way to give back to the small businesses that invest in our youth and neighborhoods is to support these businesses by shopping local on Small Business Saturday and throughout the year.” Just keep doing it.”
Get the latest North Dakota small business news at www.nfib.com/north-dakota or follow @NFIB_ND on X.
