'Small businesses are really the cornerstone of the American economy,' says Nick Roberts, Communications Manager for NPP and small business expert.
Seattle, WA (PRWEB) May 15, 2014
Small Business Week is well underway and National Purchasing Partners is excited for this opportunity to support small businesses. Every day NPP offers group purchasing services that can help small business owners save, and now NPP is providing a list of five reasons to love small businesses.
“Small businesses are really the cornerstone of the American economy,” says Nick Roberts, Communications Manager for NPP and small business expert. “They employ more people, pump more into the growth space of the economy and support their local communities.”
Here are five reasons why NPP thinks small businesses are awesome!
1. Creativity and Innovation: Small businesses jumpstart innovation and pioneer industries. Take for example, the story of Stitch Fix, the popular personal styling service that according to an article in Fast Company started out with “its four full-time employees, handful of part-timers, and racks of on-trend women’s clothes and accessories” and now occupies a 90,000 square-foot warehouse in San Francisco and closed a $4.75 million Series A funding round (5/17/13).
2. Community Support: Small businesses support their local communities by providing necessary services, and they often purchase local products and provide jobs to those in the local area. Small businesses help define the atmosphere of a community and can drive tourism to local areas.
3. Employee Involvement: Employees who work for small businesses often feel a direct connection with the work they do. They can see the results of their efforts and watch as their contribution has an effect on the business.
4. Economic Impact: Although these businesses are small, their impact on the economy shouldn’t be underestimated. According to an article in Forbes, over 50% of the working population works in a small business (9/9/13). In addition, since 1995, small businesses have generated over 65% of the net new jobs.
5. Flexibility: Small businesses are highly adaptable. They can adjust to new trends and adapt to the marketplace faster than larger corporations. The marketplace needs this kind of flexibility to address issues that arise on the spot.
Small Business Week began Monday, May 12, and ends Friday the 16th. During this time the Small Business Administration is celebrating with webinars, online events and conferences in San Francisco, Kansas City, Boston and Washington DC. NPP hopes that every small business owner has the chance to participate in some of these activities.
About National Purchasing Partners (NPP)
NPP offers discounted contracts to big and small businesses nationwide in a wide variety of industries, among them construction, transportation, fire and rescue, government, energy, legal and hospitality. Membership is free, and there is no obligation to purchase.
NPP is owned entirely by non-profit hospitals; NPP’s revenue directly supports medical research and other healthcare initiatives. NPP also partners with several organizations and associations, including the International Association of Fire Chiefs and various other nonprofits.
Registration is easy. Visit http://www.mynpp.com to join. If you would like more information or have questions, contact NPP at customerservice(at)mynpp(dot)com, or call 800.810.3909.