Small Business Saturday extra important for Austin businesses due to COVID-19 – Community News

Small Business Saturday extra important for Austin businesses due to COVID-19

The unpredictable past two years makes this year’s Small Business Saturday extra important for Austin businesses.

This year marks 30 years of Uncommon Objects, an Austin antique store. The past 20 months have been filled with uncertainty for the dozens of salespeople working with the store.

“When you shop with us, we’re an antiques mall, so it’s about 28 sellers, so you’re not supporting just one small business. You’re supporting about 28 small businesses,” said Daniel Schmidt of Uncommon Objects. “So a lot of people in Austin benefit from shopping here. I think a lot of our regular customers know that and really want to help us out that way.”

Most of the small business ownership comes from the Austin locals, so you know you’re supporting your neighbors.

According to the Small Business Administration, more than half of Americans own or work for a small business. Small businesses create about two-thirds of new jobs in the US each year.

Buying local goods not only benefits the community, but eating local is also an important way to help.

“Across the board, local businesses are great because a large portion of your spending almost always goes directly to the community,” says Patrick Larussa of ATX Food Company.

Typically, about 13% of every dollar spent in a retail chain stays in the local economy. When you shop at a local business, 45% of every dollar stays in the community.

ATX Food Co. fed first responders during the deadly February winter storm.

“You can rest assured that in Austin, many of these local businesses source from local businesses that produce all-organic produce. You can rely on the seasonal side of when the produce is delivered to you,” Larussa said.

The pandemic hit restaurants especially hard as they came up with new seating arrangements, devised ways to feed customers outdoors with COVID restrictions and created new takeout options.

The Federal Reserve estimates that 200,000 more businesses closed in the first year of the pandemic than in previous years.

For more information on how to support Austin businesses, click here.

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