Small businesses are the heart of many communities, and can often be what makes a local area unique or special. After all, these businesses are often locally run and owned.
These businesses create individuality in a community, contributing to the overall atmosphere and success of a neighborhood.
Sam Kahn is well known in his local Manchester, UK community as a successful businessman and family man. He likes giving back to his community, whether it’s through charitable donations or giving advice to budding entrepreneurs.
There are many ways that businesses support their local community, from donating to local charities, or boosting the local economy. Samuel Kahn believes that as a businessman, supporting your local community is an important part of your role.
Here are some of the ways that local businesses support the community.
Charity Work & Donations
Many small business owners are known for their volunteer work and donations.
Helping make their town a better place can be a great source of pride for many business owners.
Business owners not only make charitable donations but will often support local charities. Whether it’s donating to the local food bank, offering free products and services to those in need, sponsoring a local sports team, or other donations.
Sam Kahn believes that donating to charities in your local community is incredibly important as a business owner. Not only does it help you build up a good reputation and a solid network of connections, it is also the right thing to do.
It has many benefits for the business while improving the quality of life of the people who live in your community.
These community members make up your customer base, so it makes sense to treat them well and nurture that relationship.
Encouraging Local Entrepreneurship
Encouraging local entrepreneurs means you are encouraging even more business in your community.
Sam Kahn likes to support young entrepreneurs by mentoring them, offering them sound advice for their future. Offering work experience is also a great way to help develop the younger generations’ skills, so they have a higher chance of succeeding in their own businesses.
This experience can be vital to helping them feel confident and motivated to start up their own company.
Showing how a successful business can thrive in your local community, can also inspire young up-and-coming entrepreneurs. It proves that it is possible for a small business to see great success in its area.
Create Local Jobs
Local businesses create local jobs. This means that people don’t necessarily have to move out of their town or city to find a bigger and better career opportunity.
They can stay with their local community and not compromise on their career goals. This in turn can help boost the economy, keeping more cash flow within the community.
Instead of having to move out of town, or commute to work and spend their money elsewhere, they can shop at other local businesses.
Samuel Nathan Kahn believes strongly in community involvement, which is why he is well known throughout Manchester.
If you want to learn more about the charity work he does to help his local area, you can read about him here.