.
Technological advances and multi-national companies serve important roles, but when they drive local small- to medium-sized businesses out of business, lower and middle income people suffer. Small- to medium-sized businesses have traditionally employed well over 60% of the workforce in the United States and most other developed countries. It’s these tax payers that support community infrastructure and development.
Many products that were once made locally, for example, are now made in a few, large manufacturing centers or overseas. This lowers the cost of products to low- to middle-income consumers, but it also reduces local job opportunities and extracts wealth from the community. Local manufacturing and distribution, on the other hand, create a community economic multiplier effect.
optionsforlife is committed to low-income community economic development. We help by creating small business ownership opportunities for people that are dependent upon and committed to the social and economic well-being
of their respective communities.
|