What Makes Local and Independent So Important?

This month we are focused on the high-stakes issue of employment in our community. National studies have shown that the people who live in cities with a higher density of locally-owned businesses also enjoy higher income growth per capita.* That's not surprising when you take into account the fact that the dollar you spend locally puts about 3 times as much money back into the community as a dollar spent at a chain or franchise (and online shopping sends almost all of your money away!). But locally-owned businesses often play a more direct role in creating better paying,  more sustainable jobs in our city. Local, independent ownership means that businesses can respond with more flexibility -- and more loyalty-- to the needs of our existing employees and to the potential of applicants trying to make it into the job market.

What kind of businesses are local and independent? Last fall Cambridge Community Television met with just a few of the local, independent businesses that thrive in Cambridge. These videos tell their stories.

*"Does Local Firm Ownership Matter?" David A. Fleming and Stephan J. Goetz, Economic Development Quarterly,  Sage Journals (April 28, 2011).

“Top Ten Mistakes Employers Make and How to Avoid Them” with Amy Carlin

Join us April 6, 2017 in Harvard Square for a morning seminar with employment law attorney, Amy Carlin, of Morgan, Brown & Joy, LLP.

It's helpful for small business owners and managers to be knowledgeable about state and federal employment laws that impact their businesses. The goal of this seminar will be to provide a practical overview of those laws through a series of fun hypotheticals, focusing specifically on how to avoid the common mistakes that employers make that could (and do!) negatively impact their growth and success. Topics that will be covered (spoiler alert!) include hiring, performance management, wage and hour issues, firing, and accommodating an employee with a disability.

The seminar runs from 9 AM to 10:30 AM, with Q&A until 11:00. Registration is Free and refreshments will be provided by Cambridge Trust Company. The event will be held at in the Cambridge Trust Company board room, downstairs, at 1336 Massachusetts Avenue.
Cambridge Business Improvement Seminars

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Cambridge Local First is part of a nation-wide effort to build stronger, healthier more resilient communities. Contact us to find out more about what we do and how you can take part.