Salem, Virginia is celebrating the contributions of small businesses to the local economy and community. Small businesses represent 99.7% of firms with paid employees, are responsible for 62.7% of net new jobs created since 1995, and employ 46.4% of the employees in the private sector in the United States, according to the U.S. Small Business Administration.
The City of Salem recognizes that spending at small businesses has a significant impact on the local community, with sixty-eight cents of every dollar staying within the local economy and creating an additional 48 cents in local business activity. Small Business Saturday has also been successful in encouraging consumers to shop and dine at small, independently-owned retailers and restaurants throughout the year.
To support small businesses that create jobs, boost the local economy, and maintain communities, Mayor Randall Woodberry has officially proclaimed November 25, 2023 as Small Business Saturday in Salem, Virginia. Residents and communities across the country are encouraged to support small businesses and merchants on Small Business Saturday and to Shop Small throughout the year. The proclamation was signed by Mayor Woodberry and attested by Clerk of Council Linda Thomas-Greenfield.