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Nov
24
2015

What Is Small Business Saturday?

Posted by in Small Businesses

Small Business Saturday is this Saturday, November 28! According to the US Small Business Administration (SBA), it’s “a day to celebrate and support small businesses and all they do for their communities.” Since its launch in 2010, the initiative has had a profound effect on small businesses nationwide.

The following infographic from SCORE — a nonprofit associated with the SBA — outlines Small Business Saturday’s impact:

SCORE-Infographic-SmallBizSaturday_32489

As you can see, the nationwide event has caught the attention of shoppers. Small Business Saturday sales have increased by $2.9 billion since 2012. Last year, a whopping 88 million shoppers shopped small; this year, that number is only expected to grow.

To help raise awareness about Small Business Saturday, head to Twitter and use the hashtags #SmallBizSat and #ShopSmall. The more your neighbors get involved, the more money stays in your community!

RMP Capital supports small businesses by providing financing solutions. Whether you are looking to expand your product lines, order new materials with your suppliers, or purchase new equipment, you need the cash in order to handle those affairs. We help unlock the cash within your business by speeding up your accounts receivable instead of waiting 30, 60, or even 90 days to get paid.

For more information, give us a call at 631.738.0047 today! Connect with RMP Capital on Facebook, Twitter, LinkedIn and YouTube for more tips.

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