A question for the knife community. Make money and expand Vs. support local community

Joined
Jan 26, 2021
Messages
1
I totally support the idea of expanding the business. You can create a lot of job places, and help so many people. I think this is way better than continue supporting small businesses. I’m saying this because the employment market is not good right now. A lot of people lost their jobs because of the pandemic. I was one of them, and I had no idea what to do. I didn’t believe that it is even possible to find something, but I found a new job. I know that the current period is quite uncertain, but I’m thinking of applying for a mortgage. I found a nice place where I would love to live. My friend recommended me to apply through Mortgage Advisor Essex. He said that they helped him to get a lower rate.
 
Last edited:

cbach8tw

Gold Member
Joined
Jan 9, 2006
Messages
7,916
I would think that by expanding the business and creating jobs that in the end you would be helping local businesses, by the money the jobs will generate and then winding up in the local economy with spending, and allowing other businesses to stay afloat, maybe even create more jobs. It is a tough economy, where some businesses have survived the worst of the pandemic and now cannot get workers to come back, or the workers have moved in to other types of jobs. Also, with the internet, a lot of money does not stay in the area like a traditional business. So I guess I believe in both expanding but also making a conscious effort to buy local, more of the small shops with not much margin for extra cash, the big box stores will do fine, but the small business owners need our business too. Just my two cents.
 

cbach8tw

Gold Member
Joined
Jan 9, 2006
Messages
7,916
Another thought, what would happen to our local community if the local business sector goes down? There is a chain effect. I guess I am thinking of small to medium size towns where we call home. I am watching the show Hometown Rescue where they are going into a small town in Alabama trying to revive and restore some of the homes and stores of leaders or businesses in the town who might spark a revival in the community. So it does take people in the community, or i hate to say it, it takes a village, to keep the community alive and prosper.
 
Top