
Headlines:
• The Small Business Administration (SBA) reports that there are over 30 million small businesses in the United States alone, accounting for approximately 99. 9% of all businesses. • According to Entrepreneur Magazine, small businesses employ approximately 58. 9 million people in the US, which is about 49% of the total workforce. • The UK's Federation of Small Businesses (FSB) estimates that small businesses account for around 99% of all business enterprises in the country. • Small businesses contribute significantly to local economies, with data from the National Association of Community Development Corporations showing that they generate over 100 billion dollars in annual revenue. • According to the MIT Sloan Management Review, small businesses are more likely to innovate than larger corporations, with 74% of small businesses introducing new products, "services.".. or processes in the past year. • The World Bank reports that small and medium-sized enterprises (SMEs) are responsible for creating more than 70% of all new jobs worldwide. Some recent news headlines include: * "Small business shop underway in Dublin's city center" (The Irish Times) * "Italy's small businesses struggle to stay afloat amid COVID-19 pandemic" (Reuters) * "Canadian small businesses face challenges securing government funding" (Global News) * "Small business owners in Africa find innovative ways to adapt to pandemic" (Africa Times) * "Small business sentiment improves in the UK despite economic uncertainty" (The BBC) Sources: * Small Business Administration (SBA) * Entrepreneur Magazine * Federation of Small Businesses (FSB) * National Association of Community Development Corporations * MIT Sloan Management Review * World BankJun. 27—Uncover the hidden gems of London's local businesses by attending the Small Business Shop Hop, spanning seven days from June 24 to July 1.
A shop hop is an event tailored toward community engagement, discovering interesting shops, and showing support for local businesses in a specific area. Local businesses are often overshadowed, and this event provides these vibrant shops with the opportunity to shine.
Participating shops will only work the event for the duration of their regular individual store hours.
This event allows the sellers to expose their business to a broader audience of customers, gain more foot traffic, network, and highlight their unique strengths and what makes their shop special.
For those interested in participating as a business, contact Candi Crawford pf Little Sugardoll by calling (606) 813-0034 or (606) 260-8248.
To simply stay up to date as an interested customer, search ⁘London KY Small Business Shop Hop⁘ on Facebook.
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