Aaron Bieszczad VP, Treasury Management, Waterford Bank, N.A.
Planning some shopping to spread cheer this holiday season? Consider picking up a one-of-a-kind creation from your local small businesses and give a gift that keeps our communities growing.
Given I was born, raised, and work in Toledo, it is important to me that my family and I always think of local merchants before purchasing anything. This ensures our funds are put to use in Northwest Ohio and Southeast Michigan – not shipped to some corporate headquarters elsewhere. Every purchase big or small is impactful to not only our local economy, but ultimately our family, friends and neighbors working at these companies
The Stats
Did you know, that according to the Small Business Association, that every dollar spent at independent businesses is returned threefold to your local economy? Or that small businesses create two out of three new U.S. jobs annually? So, when you patronize local establishments, you’re not only putting your hard-earned dollars to work in your community, you’re supporting the economic engines that help fuel our national economy.
Don’t forget, locally sourced goods and services like those found throughout the Midwest are often crafted by local artisans and are exclusive to our region, making for memorable gift-giving during the holidays and beyond.
Gifts Without A Bow
If you prefer your gifts without a shiny bow, gift an “experience” like a private cooking class, pick-up dinner from your favorite family-run restaurant, or attend a fun outdoor holiday event . Celebrations outside the home, represent roughly 40 percent of total holiday spending and are another way to support small businesses and boost the local economy.
Join Waterford and show your support for entrepreneurs and small businesses throughout the year by sharing your experiences via the #GoLocal hashtag. To learn more about how Waterford Bank, N.A. supports local small business and the community, checkout the rest of www.waterfordbankna.com.
About the Author
Aaron Bieszczad is a Vice President of Treasury Management at Waterford Bank, N.A. in Toledo, Ohio. Aaron specializes in helping businesses of all sizes optimize cash flows, maintain liquidity, manage risk and operate more efficiently. If you’d like to connect with Aaron to discuss strategies for your small business or any other banking matter, please contact him at 419-720-3908.
