5 Ways to Support Small Businesses During the Holidays

The holiday season is a magical time of year, filled with joy, celebration and the spirit of giving. As you check off items on your shopping list and plan holiday events, consider the impact you can make by supporting your community. Here are five impactful ways to show your support for local small businesses during the holidays:

How to Support Small Businesses During the Holidays

1. Shop local 

Make it a point to visit and shop at your local stores. By choosing to buy locally, you're not only discovering unique gifts that you can’t find at big-box stores but you’re also investing in your community. Small businesses often depend on the holiday season for a significant portion of their annual sales, so your purchases can truly make a difference.

Pro tip: Earn rewards or maximize cash back while you shop by spending with a credit card instead of a debit card. You can use these perks for a future vacation or large purchase.

2. Attend nearby holiday events

Holiday markets, craft fairs and community events are wonderful places to discover handmade gifts and enjoy quality time with loved ones. These events provide you with an opportunity to discover new businesses and support local organizations. By attending and making purchases, you're directly impacting their growth and success.

3. Dine and cater at local restaurants

Whether you're planning a cozy family gathering or a festive holiday party, try dining locally. By choosing local restaurants for your events, you're not only treating your guests to delicious, locally sourced meals but also investing in the growth and success of your neighborhood. Plus, many local restaurants offer convenient catering options, making for an easy takeout meal for home or a dish to pass at a holiday party.

4. Purchase gift cards

Gift cards are a great way to support small businesses while giving your loved ones the freedom to choose their own gifts. Many local shops offer gift cards and some even provide digital options for easy, last-minute gifting. Gift cards also can help small businesses maintain cash flow during slower periods.

Pro tip: Want to keep your holiday budget in check? Use MyFinance Manager to track your spending in one place. Here you can manage your transactions and set spending limits to stay within your budget effortlessly.

5. Show compassion to your community

Sometimes, the simplest acts of kindness can make the biggest difference. Take the time to thank small business owners and their employees for their hard work by leaving a positive review. Writing a review for a small business builds their online presence, attracts new customers and provides valuable feedback they wouldn’t otherwise receive. You could also give them face-to-face feedback by sharing a compliment or simply expressing your gratitude for their contributions to the community. Your warmth and appreciation can brighten someone's day and remind them why they love what they do.

This holiday season, let’s come together to support small businesses and make a meaningful impact in our communities. Happy holidays and happy shopping!