Meaning -What Do We Mean By ‘Local Supplier’
There is not one correct meaning for ‘local’ but for the purpose of this blog it means ‘based within easy reach of the consumer’.
Recent studies have shown that when you purchase from independent, locally owned small businesses like Interia Systems, over against a global company a considerable amount more of your money is used to purchase from local businesses which in turn help to stimulate the economy further.
Where we shop, where we eat and have fun in Perth – all of it makes our community home. Our one-of-a-kind businesses are an integral part of the distinctive character of this place especially family owned businesses.
Locally owned businesses can make more local purchases requiring less transportation and generally set up their offices in town or city centers as opposed to developing on the fringe. This generally means contributing less to sprawl, congestion, habitat loss and pollution.
Small local businesses are our largest employer in Perth and in our community, provide the most jobs to residents of the city.
The local knowledge of local suppliers means that they are well-placed to appreciate and satisfy local preferences – this is particularly relevant where custom made products and services are concerned.
Local businesses are owned by people who live in this community, are less likely to leave, and are more invested in the community’s future.
Local small businesses need comparatively reduced infrastructure investment and therefore make more economical use of public services as over against national or global owned businesses entering the area.
A throng of small to medium businesses, each sourcing & manufacturing products based, not on a national goal, but in their own interests and the needs of their local customers, ensures a vast range of product choices.
An increasing body of economic studies shows that in an increasingly condensed world, entrepreneurs and skilled staff are more likely to invest and abide in states that perpetuate their uniqe businesses and distinctive style.