Some onlookers dismiss “buy Black” advocacy as something either “radical” or “cute to do” but it’s much bigger than that. Poverty, crime and poor education in the Black community can be improved by the support of current and creation of more community-owned, businesses. That’s a fact. Elections come every two to four years, but every day we vote with dollars.
Just like hip hop artists rapping about shoes or alcohol with no endorsement deal, Black people give up their power and influence every time we spend money with people who have no vested interest in our community.
As a whole, Black people are ignorant of the principles of economic development. Poor Blacks spend money with Arabs and Asians via corner stores, nail shops, and beauty supply stores, while middle-class Blacks spend their money on expensive cars, alcohol and designer clothes by European designers. Regardless of education, we give our money away, thus failing to control our own community and making our communities ripe for crime and violence and both political and police corruption.
While each Black business owner can express their particular reason for being in business, the big picture goal of “Buy Black” campaigns is to build a healthy flow of currency and resources wherein the community buys from Black businesses who then reinvest in the community via job creation and donations to community organizations and faith-based institutions.
- Create Real Democracy: Politics without economics is a symbol without substance. Black business ownership means residents with roots in the community are involved in key development decisions that shape Black people’s lives and the local environment.
- Create Jobs and Opportunities: Not only do independent businesses employ more people directly per dollar of revenue, they also are the customers of local printers, accountants, restaurants, wholesalers, farms, attorneys, media outlets, and etc which help in the expansion of opportunities for local entrepreneurs. The research concludes that if we increased revenue generated in Black businesses to just two percent, we could create a million jobs.
- Build community: The casual encounters enjoy at neighborhood, Black businesses and the public spaces around them build relationships and community cohesiveness. They’re the ultimate social networking sites.
- Strengthen Your Local Economy: Each dollar you spend at independent businesses returns 3 times more money to your local economy than one spent at a chain (hundreds of times more than buying from an online mega-retailer) — a benefit we all can bank on.
- Shape our Character: Independent businesses help give your community its distinct personality.
- Lower Taxes: More efficient land use and more central locations mean local businesses put less demand on our roads, sewers, and safety services. They also generate more tax revenue per sales dollar. The bottom line: a greater percentage of local independent businesses keep your taxes lower.
- Choices: A wide variety of independent businesses, each serving their customers’ tastes, creates greater overall choice for all of us.
- Give Black to Your Community: Small businesses donate more than twice as much per sales dollar to local non-profits, events, and teams compared to big businesses.
- Increase community wealth (everybody eats): The multiplier effect created by spending locally generates a lasting impact on the prosperity of local organizations and residents.
Together, we can create a great future for Black people everywhere. Become an official Supporter and purchase products from Black-owned businesses every month. If you make a great product, become a Supplier. If you want to get on the front-lines of the movement, then become an Affiliate and help us grow and expand USABuyBlack.com