Keep Your Money Where Your Home Is
Vibrant Community. More Local Jobs. Prosperity for All.
We are advocates of healthy growth. Healthy growth will bring more dollars into our economy. Economic Vitality will make quality of life in Eagle even better. It will bring more diversity in housing, more quality employees for our businesses, more businesses creating more jobs, more restaurants, etc., with more locals spending more of their dollars here, supporting a vibrant economy.
Our vision is a local economy that is vibrant, sustainable and resilient; one that celebrates diverse cultures. Studies and research have shown that the best and most direct way to achieve this vision is to proactively support local businesses.
Healthy growth takes careful management and time. Meanwhile supporting our existing small, local businesses is vital. How are we doing? Many local, independent businesses are just surviving, certainly not thriving.
Keeping our dollars circulating here is an investment in local job creation and preserving a healthy, diverse and prosperous community. However, too many of our dollars are benefiting other, non-local businesses, rather than our own.
#LocalFirst is a new program in 2020 with 3 elements:
- Think Local: be a “localist”: connected, proud, supportive, invested, …
- Buy Local: spend here, shop here, eat here, support local businesses, …
- Be Local: live here, buy a home here, work here, start a business here, invest here.
#LocalFirst creates local wealth and jobs for all. By choosing local and independent businesses for our services, shopping, dining and other needs, we not only enjoy a more distinctive and personal experience, we’re helping:
BUILD COMMUNITY! The casual encounters we enjoy at neighborhood businesses and the public spaces around them build relationships and community cohesiveness. They’re the ultimate social networking sites!
CREATE JOBS AND OPPORTUNITIES! Not only do independent businesses employ more people directly per dollar of revenue, they also are the customers of local printers, accountants, wholesalers, farms, attorneys, etc., expanding opportunities for local entrepreneurs.
STRENGTHEN OUR LOCAL ECONOMY! For every $100 we spend in locally owned independent stores, $68 returns to the community through taxes, payroll and other expenditures. If we spend that in a national chain only $43 stays here. Spend it online and only $4.50 returns home.
BUILD A DIVERSE, RESILIENT ECONOMY! Business and economic diversity helps to build resilience against changing economic and cultural conditions. Historically we have been overly dependent on the ups and downs of ski industry; let’s “Unveil Eagle” and be more self-reliant!
SHAPE OUR CHARACTER! Independent businesses help give our community its distinct personality.
CREATE A HEALTHIER, SUSTAINABLE ENVIRONMENT! Independent, community-serving businesses are people-sized. They typically consume less land, carry more locally-made products, locate closer to residents and create less traffic and air pollution.
LOWER TAXES! More efficient land use and more central locations mean local businesses put less demand on our roads, sewers, water and safety services. They also generate more tax revenue per sales dollar. The bottom line: a greater percentage of local independent businesses keeps our taxes lower.
GET REAL VALUE FOR OURSELVES! Reader surveys by the Consumers Union repeatedly show independent businesses beating their chain competitors in overall customer satisfaction (and often save us money).
INCREASE WEALTH OF RESIDENTS! The multiplier effect created by spending locally generates lasting impact on the prosperity of local organizations and residents.
GIVE BACK TO OUR COMMUNITY! Small businesses donate more than twice as much per sales dollar to local non-profits, events, and teams compared to big businesses.
#LocalFirst was launched at our January Breakfast Briefing: here is the presentation.
Let’s Keep Our Money Where Our Home Is