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Locally-owned Businesses: Grow Your Economy and Drive Tourism Kimber Lanning Founder, Executive...
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Transcript of Locally-owned Businesses: Grow Your Economy and Drive Tourism Kimber Lanning Founder, Executive...
Locally-owned Businesses:Locally-owned Businesses:Grow Your Economy and Grow Your Economy and
Drive TourismDrive Tourism
Kimber Lanning Kimber Lanning Founder, Executive DirectorFounder, Executive Director
Money Does Not Spend the SameMoney Does Not Spend the Same
For every $100 For every $100 spent in a local spent in a local business, $45 business, $45 re-circulates and re-circulates and stays right Here stays right Here in Arizona.in Arizona.
For the same For the same $100 spent in $100 spent in any national any national chain, only $13 chain, only $13 remains.remains.
Local First ArizonaLocal First Arizona
2600+ locally owned businesses of all sizes 2600+ locally owned businesses of all sizes The largest local business coalition in North AmericaThe largest local business coalition in North America An on-line directory that is searched more than An on-line directory that is searched more than
42,000 of times each month42,000 of times each month A BUY LOCAL campaignA BUY LOCAL campaign Both (c)6 and (c)3 statusBoth (c)6 and (c)3 status An advocacy group working on long-term economic An advocacy group working on long-term economic
developmentdevelopment Focused on ECONOMIC sustainabilityFocused on ECONOMIC sustainability Focused on business to business interaction and Focused on business to business interaction and
growing “deep wealth” in the regiongrowing “deep wealth” in the region 56,000 social media followers56,000 social media followers Funded by member dues, earned revenue, and Funded by member dues, earned revenue, and
grantsgrants
4 Key Areas of Work4 Key Areas of Work
Land use, adaptive Land use, adaptive reuse, infillreuse, infill
ProcurementProcurement
Cultural TourismCultural Tourism
Economic Economic DevelopmentDevelopment
LFA members by Industry SectorLFA members by Industry Sector
Local First ProgramsLocal First Programs WeekendZona: Rural Development WeekendZona: Rural Development
and Tourismand Tourism Shift Arizona: Shift the Way You Shift Arizona: Shift the Way You
Shop!Shop! Fuerza Local: Spanish Language Fuerza Local: Spanish Language
InitiativeInitiative Localist: New campaign to build civic Localist: New campaign to build civic
pride though individual experiencespride though individual experiences
Chicago?! Chicago?! But you live HERE now!But you live HERE now!
Economic Economic GardeningGardening
The Secret to Job Growth The Secret to Job Growth in America: Think SMALLin America: Think SMALL
Harvard Business Review- 2010 Harvard Business Review- 2010
The small businesses The small businesses in the La Grande in the La Grande Orange complex at Orange complex at 40th Street and 40th Street and Campbell, an Campbell, an adaptive reuse adaptive reuse project, generated project, generated $20 million in sales in $20 million in sales in 2008.2008.
Jobs per $10 Million in SalesJobs per $10 Million in Sales
Independent Retailers: 110Independent Retailers: 110
Chain Retailers: 50Chain Retailers: 50
Amazon: 14Amazon: 14
source: Institute of Local Self-Reliance 2013source: Institute of Local Self-Reliance 2013
One One company company making a making a
huge huge impact on impact on
our our economyeconomy
Procurement:Procurement:City of Phoenix Success StoryCity of Phoenix Success Story
$5,000 threshold $5,000 threshold moved to $50,000moved to $50,000
Open public bid only Open public bid only over $50,000+ over $50,000+ contractscontracts
Under $50,000 goes Under $50,000 goes to database to database populated only with populated only with Arizona companiesArizona companies
COLLABORATE! GROW THE PIECOLLABORATE! GROW THE PIE- Other Other
OrganizationsOrganizations- Tourism entitiesTourism entities- Small BusinessesSmall Businesses- Community Community
LeadersLeaders- Arts and CultureArts and Culture
Regional Thinking Creates New Regional Thinking Creates New Dollars for AllDollars for All
Growing Statewide PresenceGrowing Statewide Presence
MERGERMERGER
Federally Designated RDCFederally Designated RDC
Case Study: CottonwoodCase Study: Cottonwood
Case Study: BisbeeCase Study: Bisbee
Case Study: SaffordCase Study: Safford
Examples of Celebrating your Examples of Celebrating your Community AssetsCommunity Assets
SedonaSedona AjoAjo FlorenceFlorence PrescottPrescott
Making the SHIFT means more jobs and more money Making the SHIFT means more jobs and more money circulating locally! SHIFT 10% of your spending!circulating locally! SHIFT 10% of your spending!
Contact me with questionsContact me with questions
Kimber LanningKimber [email protected]
Visit our websiteVisit our website
Localfirstaz.comLocalfirstaz.com