Entering the business world is one of the hardest decisions that someone can face. It's intimidating, and while there are opportunities to reap many rewards, the fear of not being able to fulfill the expectations one places upon themselves is certainly present. The people who have chosen to take the path less traveled are deserving of both respect and admiration. This is why we recognize their efforts on October 11th of every year. Own Business Day, which was established in 2016, is a great way to acknowledge those who set an example through hard work and perseverance. 

Own Business Day is important because of the impact that these independently owned establishments benefit the communities in which they exist. They set an example that no matter who you are, where you might come from, or what your background is, hard work and relentless determination always pay off for those who are willing to put in the time and effort. By opting to support small local businesses and purchase their products and services, we invest in the growth and expansion in the local community.  

Stimulating the local economy by patronizing local and independently owned businesses provides another distinct advantage to smaller communities. It keeps predatory chains out of the area. Some of these chains are notorious for their aggressive tactics and pushing locally owned and smaller-sized companies out of business by selling items at much lower prices. Very seldom is the revenue generated locally invested back into the community. This has a direct effect on the surrounding areas and has even been known to drive property values down. 

There are other ways in which you can celebrate this day and show your appreciation and gratitude for these fixtures of the community. Ask owners to come and speak at schools and charity events. Even if you can't contribute a sizable amount of your income to the products and services they offer, letting them know that they're a fixture in the community is a great way to let them know that you care about them and the good that they do. It’s also a free promotion for them and their business.

Your Opportunity Awaits…

At FranSave, we understand and believe in the importance of community and how independently-owned businesses help contribute to their growth and well-being. If you've ever wanted to get involved in the business world but haven't found the right opportunity, now is your chance. This is the moment you've been waiting for. We can help you find the business of your dreams that will enable you to build success and contribute to your own community. To discover your own opportunity, visit us at fransave.com.