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Writer's pictureMike Clague

The Importance of Supporting Small Business in Binghamton, NY

1. Boosting the Local Economy

When you spend money at a local business, more money stays within the community. According to studies, for every $100 spent at a small business, approximately $68 returns to the local economy through wages, local suppliers, and services. This means that shopping locally directly supports Binghamton’s growth.

Small businesses also create jobs for residents. Whether it’s the barista at your favorite coffee shop or the friendly team at the local hardware store, small businesses provide opportunities that keep the community thriving.


Supporting Small Business in Binghamton, NY

2. Preserving Binghamton’s Unique Character

Binghamton’s charm lies in its individuality, and small businesses play a significant role. National chains often look the same wherever you go, but small businesses reflect the community's culture, history, and creativity.

From iconic spots like Chris' Diner to specialty shops and service providers, Binghamton’s small businesses add personality to the city. They make the area a destination, offering experiences and products that can’t be found elsewhere.


The Importance of Supporting Small Business in Binghamton, NY

3. Building a Stronger Community

Small businesses bring people together. Whether it’s a community event hosted by a local restaurant or a shop owner who knows your name, these businesses foster relationships that make Binghamton feel like home.

Many small business owners also give back to the community through sponsorships, donations, and volunteer efforts. By supporting them, you’re helping fund initiatives that benefit schools, sports teams, and local causes.


4. Encouraging Entrepreneurship

Supporting small businesses in Binghamton inspires more people to pursue their entrepreneurial dreams. Entrepreneurs create innovative solutions, introduce fresh ideas, and contribute to a dynamic local economy. By choosing to shop local, you’re helping to create an environment where creativity and ambition thrive.


The Importance of Supporting Small Business in Binghamton, NY

5. Keeping Dollars in Local Circulation

When small businesses succeed, they often reinvest in the community. They hire local professionals, source products locally, and use nearby services creating a ripple effect that benefits everyone.


How You Can Support Small Businesses in Binghamton

  • Shop Local: Visit local stores, restaurants, and service providers instead of big-box chains or online retailers.

  • Spread the Word: Share your favorite small businesses on social media, leave positive reviews, and recommend them to friends and family.

  • Participate in Events: Attend local markets, festivals, and other events that highlight small businesses.

  • Take Advantage of Deals: Look for giveaways and savings programs like Ready Tap Save, which partners with Binghamton’s small businesses to connect customers with great local deals.


A Stronger Binghamton Starts with Us

Every time you choose a small business over a national chain, you’re making a direct investment in Binghamton’s future. Let’s celebrate the hardworking entrepreneurs and community members who make this city special. Together, we can ensure that Binghamton continues to thrive as a hub of creativity, culture, and commerce.


Support local. Build community. Choose Binghamton.



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