10 Things You Can Do to Stimulate Your Local Economy

Tired of waiting for those government stimulus dollars to trickle down and reach your local economy? Then as Pamela Slim, author of “Escape from Cubicle Nation,” says, get out there and do it yourself. “There is a lot that is out of our control,” she writes. “But if we each step up our concern and support for our local businesses, we will make a difference in our economic recovery.” Among her list of ideas:

Mentor a new business owner. If you know how to build an effective website or display goods more effectively on a shelf or close a real estate deal, share your knowledge with someone just starting out. Your input will lead to faster sales.

Send an email to friends raving about your favorite business. It could be a dry cleaner, restaurant or babysitter. A personal note will make a big difference in their buying decisions.

Give feedback to a business owner about something they should fix. We often speed through our day, annoyed at something in a local business that inhibits buying. But we never take the time to tell them. Tell them, and they may make more sales.

Constantly promote others on your social networks. If you see one of your trusted friends promoting a course or workshop or selling a great product, spread the word.

Attend a local Chamber of Commerce meeting. Find out what your local businesses are doing and see if you can support them.

Click here to read the rest of her suggestions.

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  3. With Economy on the Mend, Experts Predict Tax Hikes Will Soon Follow

What do you think?