(Author’s Note: This article originally appeared on Inside919 Local Business Networking, but the conversation seems relevant to this group too so we thought we’d extend the discussion here…)
In honor of May being Small Business Month (says who? We’re not certain, but you may have seen it mentioned around the net as we have…), we’d love to exchange thoughts with you on this key sector of our economy.
Do you like to shop with small businesses? Do you like having small businesses as clients? If you are one, do you like being a small business? Our answers can help us all do even better. Or perhaps you prefer big businesses… in which case feel free to state your position!
There are a few key reasons we prefer and seek out small businesses, both when we’re the “buyer,” and the “seller”:
- We usually get to interact with the owner, at least on some level. That’s fun because business owners are usually energetic, creative and friendly people who are a pleasure to be around. They tend to make decisions quickly, and be focused on goals and relationships.
- From a business standpoint, our work goes faster and more smoothly when we can work directly with the owner… and (perhaps somewhat selfishly) we also like the underlying potential for making a connection that could be good for both of our businesses.
- We’re less likely to be lumped into the “commodity” category when we’re working with a small business, too, and that means we’ll have more of an opportunity to know more about a customer’s goals and needs, so we can bring out-of-the-box solutions.
- Cash flow tends to be easier to manage with smaller businesses that are placing smaller orders, and that helps us get a better night’s sleep…
- And last but not least, it’s very satisfying to know that buying from a small business is making a bigger difference, both to the business and to the community — more of their income gets reinvested locally than happens with larger or national franchise businesses.
What about you? Are you a fan of the small business? What draws you to them or, conversely, keeps you away if that’s more the case? Please share your thoughts on our Facebook page: facebook.com/aimgrouptwo!