Whether you’re looking for the perfect gift, flowers for an event or an antique frame, mom-and-pop shops have your back with their wide selection of personalized products and services. They’re also a huge driver of your local economy. According to the Small Business Administration, there are over 34 million small businesses in the United States. These small businesses employ about 59 million workers.
To celebrate all that these businesses bring to our communities, March 29th marks “National Mom-and-Pop Business Owner’s Day.” The term “mom-and-pop shop” refers to locally owned businesses, which are often run by families. This day allows you to take a moment to honor these small business owners and show your support.
What Are Mom-and-Pop Shops?
The term “mom-and-pop shops” refers to small, family-owned businesses. Generally, they operate in a single location. These shops are often restaurants and retail businesses.
Understanding Mom-and-Pop Stores
Historically, the term “mom-and-pop shops” referred to family-owned drug stores, general stores and hardware stores. There are also many mom-and-pop grocery stores. However, over-time the term began applying more broadly to small family-owned businesses.
These small shops often struggle to compete with big box retailers. For instance, large retail stores like Ben and Jerry’s ice cream, can reduce customers for smaller local ice cream shops. However, recently there has been a push to help small businesses. Events like Small Business Saturday have increased support for mom-and-pop shops as well as other social media campaigns.
Why Is It Important to Support Mom-and-Pop Shops?
Mom-and-pop shops come in many forms, from restaurants to bookstores to automotive repair centers. Each one brings unique products, services and knowledge to your local community.
Small businesses like these are important because they:
- Create jobs
- Give back to the community
- Keep money in your neighborhood economy
- Increase tourism
- Help you create community relationships
- Offer more personalized customer service
- Increase your access to diverse products
- Focus on providing quality items
7 Effective Ways to Support Mom-and-Pop Stores
Not sure how to effectively support mom-and-pop businesses in your local community? Luckily, with the help of your buying power, making a local economic impact is easier than you may think. Whether it’s a restaurant, barbershop or retail store, it’s always great to start with family-owned businesses. To get started, follow our seven tips below.