National Small Business Week is an annual celebration that recognizes the vital role of small businesses in the United States. Created by 1963 by President John F. Kennedy, this event highlights the contributions of entrepreneurs, innovators, and local business owners. Small businesses are the backbone of the US economy. They create jobs, drive innovation, and foster powerful relationships in their communities.

The Importance of Small Businesses

Whether it’s a mom-and-pop restaurant, or a local clothing outlet, every small business brings their own unique brand to their city. Small businesses generate 65% of all new jobs in the United States. They also provide meaningful employment opportunities, with greater job satisfaction compared to large corporations. Small businesses also support the livelihoods of over two billion people worldwide. As we’ve seen from Apple and Microsoft, two businesses that started in garages, small businesses have the opportunity to turn into major worldwide conglomerates.

How You Can Help Small Businesses

Small businesses depend on customer interaction. Simply posting a review on social media can boost their reputation and attract new customers. Referring friends or family members can help build a strong customer base that can keep the business running for years.

Sure, it’s easy to shop online from the comfort of your bed and buy what you want, but it adds up after a while. Shipping costs, as well as other online fees can become problematic. Shopping small and locally can save you a lot of money in the long term as you can avoid shipping fees as well as find items at a lower price than you would at a major chain.

Events for National Small Business Week

Events are held all across the country celebrating the small businesses that fuel the economy. The Small Business Association and local chambers of commerce hold events promoting small businesses as well as roundtables where business owners and entrepreneurs learn from each other and share tips to succeed. Research your local city government to find out what they are doing to celebrate.

The Small Business Association presents awards every year to outstanding small businesses. These accolades celebrate achievements in areas such as community engagement and innovation. The SBA also holds a virtual summit where business owners learn how to grow and expand their business as well as network with leaders. Networking is vital for the success of a small business, so put yourself out there and make some friends! It will help you in the long run.

Forgo Lease Payments, Choose A Virtual Office

Some small businesses are out on the road most of the time, and having an office lease may not be needed. Opus Virtual Offices, a national leader in virtual office services, helps small businesses grow and expand to major cities across the country without painful lease payments. Have the allure of a physical office presence in cities such as New York, Miami, and Atlanta without spending thousands on overhead. Your customers will be instantly impressed when they see your business resides with the best of the best in towering skyscrapers in the country’s top cities. Features of an Opus virtual office include a professional, live receptionist, business phone and fax number, and a prestigious business mailing address.