Tag Archives: Think global buy local

Suggestions to comparing local business proposals

By Laurie Panas Brackett

By now I hope you have read my blogs on Think Globally but Buy Locally and 10 reasons why you should buy from your local business. This is the last in this series on buying locally for now. Every business is scrutinizing estimates and seeking to save money everywhere they can.  So let’s make sure that you compare those estimates equally.

This blog is based on comparing local suppliers’ proposals:

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10 reasons why you should buy from a local business

By Laurie Panas Brackett

1- Read my blog on Think globally but buy locally

2- Relationship Development & Loyalty—When you purchase locally, you have the advantage of developing relationships with the supplier or vendor.  When a problem occurs with the product or service you have someone who will help you through it and resolve the issue typically faster and with less down time from your staff’s involvement.  You also have the advantage of exchanging your company’s information for sales opportunities with that company.

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Think Globally but Buy Locally

By Laurie Panas Brackett

There has been a strong push to do business in America and specifically in your local community with locally owned businesses and for good reason.  Economics 101 teaches us a trade occurs between two parties when the desire or need for goods and services are exchanged.  Today that exchange usually comes in the form of money, which when exchanged in a local community is distributed for other goods and services in that area.  Without a local exchange, the monies get distributed outside the area and less cash flow circulates in that area.  The result to a local business can be devastating.   Businesses downsize, reduce inventory or services and in some cases close up shop.

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