Blog

CELEBRATE SMALL BUSINESS SATURDAY

Celebrate Small Business Saturday

CELEBRATE SMALL BUSINESS SATURDAY

November 27, 2021, marks the 12th annual celebration of small,neighborhood businesses.

ARE YOU READY TO SHOP SMALL? NO, WE’RE NOT TALKING COTTON BALLS OR PAPER CLIPS. SMALL BUSINESS SMALL.

November 27, 2021, marks Small Business Saturday, an annual celebration that promotes shopping at local brick and mortar businesses. Created by American Express and first observed in the United States in 2010, the day is meant to counter Black Friday and Cyber Monday, unofficial national shopping days that focus on e-commerce companies and big box retailers.

In kicking off the 2010 celebration, American Express launched the Twitter hashtag #SmallBusinessSaturday, which continues today as a means for promoting the event. This year, American Express is encouraging shoppers to “shop small” during the post-
Thanksgiving weekend to support local businesses. Whether patronizing a grocer, restaurant, bookstore or salon, Small Business Saturday recognizes and celebrates the products and services that contribute to our local communities.

Since the start of Small Business Saturday in 2010, U.S. consumers have spent roughly $85 billion at independent retailers and restaurants, according to American Express.1 (Of course, AMEX isn’t taking credit for that sizable total, but presents that metric to
highlight the spending pool that is available.)

For small businesses looking to capitalize sales on Small Business Saturday, American Express has developed Small Business Saturday-themed marketing collateral, including email templates, that help companies promote their businesses and generate public support.

For consumers looking to patronize small business retailers, American Express publishes a Shop Small Map that includes neighborhood businesses throughout the United States. Additionally, AMEX provides curated offers and membership rewards to card members who shop at small businesses, both during Small Business Saturday and during other times throughout the year.

Small Business Saturday spawned a spinoff celebration overseas, Small Business Saturday UK, which began in the United Kingdom in 2013.

For additional information and resources surrounding Small Business Saturday in the U.S., visit the AMEX website.

 

Thanks for checking out the blog. 

Joe Breslin , CFP®


This information is not intended to be a substitute for individualized legal advice. Please consult your legal
advisor regarding your specific situation.

This material is for general information only and is not intended to provide specific advice or recommendations for any
individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive
outcomes. Investing involves risks including possible loss of principal.
This material was prepared by LPL Financial.   Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and
broker-dealer (member FINRA/SIPC). 
Insurance products are offered through LPL or its licensed affiliates. To the extent you are receiving investment advice from a separately registered independent investment advisor that is not an LPL Financial affiliate, please note LPL Financial makes no representation with respect to such entity.

 

Securities and insurance offered through LPL or its affiliates are:

 

Share This Article

Facebook
Twitter
LinkedIn

You May Also Like

Understanding Long-Term Care Insurance

It’s a fact: People today are living longer. Although that’s good news, the odds of requiring some sort of long-term care increase as you get older. And as the costs of home care, nursing homes, and assisted living escalate, you probably wonder how you’re ever going to be able to afford long-term care. One common solution is long-term care insurance (LTCI).

Read More »

Tax Benefits of Home Ownership

In tax lingo, your principal residence is the place where you legally reside. It’s typically the place where you spend most of your time, but several other factors are also relevant in determining your principal residence.

Read More »

What Can You Learn from Your Tax Return?

Tax season may be behind you, but don’t stash away your tax return quite yet. It’s full of information that might help you improve your finances or make a difference in next year’s tax picture. Here are four things you could learn from reviewing your return.

Read More »

Monitoring Your Portfolio

You probably already know you need to monitor your investment portfolio and update it periodically. Even if you’ve chosen an asset allocation, market forces may quickly begin to tweak it. For example, if stock prices go up, you may eventually find yourself with a greater percentage of stocks in your portfolio than you want. If stock prices go down, you might worry that you won’t be able to reach your financial goals. The same is true for bonds and other investments.

Read More »

Growth vs. Value: What’s the Difference?

With the wide variety of stocks in the market, figuring out which ones you want to invest in can be a challenging task. Many investors feel it’s useful to have a system for finding stocks that might be worth buying, deciding what price to pay, and identifying when a stock should be sold.

Read More »

Estate Tax Changes Under Recent Tax Acts

In 2025, the OBBBA made permanent the gift and estate tax basic exclusion and GST exemption amount established by the Tax Cuts and Jobs Act (TCJA) of 2017. Beginning in 2026, that amount is $15,000,000 for both (indexed annually for inflation starting in 2027).

Read More »

Don't Miss Anything

Stay up to date with our monthly newsletter.