From Wall Street to Main Street – Business Conversion Guide

Occupy Riverwest understands that small locally owned businesses are firmly part of the 99%. A small locally owned business’ ability to survive in today’s economy is constantly threatened by big business, otherwise known as the 1%. When we, as consumers, decide to spend our dollars at a non-locally owned business we are shipping the majority of our money out of the community in which we live, which has serious repercussions for our local economy. Research has consistently shown that when citizens spend their money at a small locally owned business that the percentage of every dollar spent is much higher than when spent at a non-locally owned. This means we receive a greater bang for our buck in terms of stimulating the local economy when we shop at small locally owned businesses.
Research Highlighting Benefits of Locally Owned Business vs. Non-Locally Owned Business

Research shows that dollars spent locally boost a neighborhood's economy greater than dollars spent at a big box entity.

When we spend our money at non-locally owned businesses not only is our money leaving the local economy at a greater rate but we also become complicit to the propping up of a system that has shown it cares very little about everyday citizens (99%). Our current economic system takes good family-supporting jobs within the United States and ships these jobs overseas. Why? Cheap labor. Said another way, more profits for Wall Street at the expense of Main Street. This unjust business practice not only eliminates jobs of workers within the United States, it also drives down the wages of workers overseas. In short, money is taken directly from the 99% and put in the pocket of the 1%. How is this positive or sustainable for our world let alone local economy? If this destructive system isn’t interrupted, it will continue to chug us along perilously towards a cliff.

Spending dollars at small locally owned businesses makes sense for a lot of reasons. Following through on supporting small locally owned businesses and refraining from patronizing big box businesses is often times easier said than done. Most Americans do not know where viable alternatives to big box business exist in their community because small businesses do not have access to the same ability to market themselves as big businesses do. For this very reason Occupy Riverwest decided to create the From Wall Street to Main Street – Business Conversion Guide for the citizens of Riverwest and surrounding communities to empower them to make more socially conscious purchases. We offer up different categories in the Conversion Guide that consumers can reference in order to make economic friendlier local purchases for the community in which they live. We hope soon other neighborhoods in Milwaukee and around the state and beyond will consider creating similar Conversion Guides to help their 99 Percenter’s make smarter economic purchasing decisions.

We consider this Conversion Guide to be a working document so feel free to email or comment on any part of it, especially if new locations have been added or deleted. Thank you for your help in supporting local business, the 99%!

Occupy Riverwest

Occupy Riverwest support local business sign that is being put in the windows of businesses that support the 99%.

Here is a link to the .pdf file for the “Wall Street to Main Street – Business Conversion Guide” for the neighborhood of Riverwest.

Conversion Guide

2 thoughts on “From Wall Street to Main Street – Business Conversion Guide

  1. Waqas

    Amanda, I love you. And I love your local investment. I am denefitily looking forward to this series! I thought Edmonton was just over-the-top Big Box when I lived there, but now that I’m in Dallas, I realize that many places haven’t even turned the page to concern about the impact this attitude has on their cities. None of the fun independent shops have taken a stand and there isn’t anyone to support them. So yay for you and it is making me very excited to learn about places to visit come Christmas.

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