Another American shopping holiday that us Brits have decided to tag along with. Traditionally the Saturday after Black Friday, although it is being held a full week later (5th December) to spread it out for the UK bargain hunters.
This Saturday is set to be the biggest small business Saturday in comparison to previous years with thousands of firms taking part. Last year shoppers spent over £500 million with small local businesses, which was an increase of 8% on 2013. Small Biz has 5 million small businesses ready to go tomorrow. It is being predicted to be another success and increase on performance from last year.
Only the third year holding this day for small businesses, as the Americans have held it only two years more when it first started in 2010. Last year a massive 16.2 million People shopped in small independent shops which the event organisers are looking to beat this year. They’ve been holding a ‘small biz 100’, which is a countdown of 100 small businesses, one per day in the lead up to Small Business Saturday on the 5th of December.
Further to that the organisers have managed to increase the number of councils on board by more than 20% on last year’s participation up to over three quarters. The involvement of local authorities is important for the continued growth of small businesses which has risen by 110% in the past 5 years.
Here at Be Wiser we have always supported the local businesses and schools with collaborative projects to help their growth with things like, staff discounts and other promotional tools within the surrounding area of our six offices. As well as this we help support local charities like Enham trust and national charities like Macmillan Cancer Support.
Is your business getting involved? Why not check you’ve got the right retail insurance cover here.