Introduced by: President Young
A Resolution Entitled
A Council Resolution concerning
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Shop Small - Spend Big! On Small Business Saturday, November 26, 2016
For the purpose of celebrating the seventh annual Small Business Saturday in Baltimore City, honoring all small businesses for their many contributions to the economy and the quality of life in this country, and encouraging Baltimore City residents to Shop Small - Spend Big! at our City’s Main Streets, downtown shops, and the many varied and exciting neighborhood retail establishments, on Small Business Saturday.
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Recitals
Baltimore is one of many cities that join American Express, the U.S. Small Business Administration, and many other organizations in a nationwide campaign to support small businesses by highlighting their diverse offerings and encouraging shoppers to make purchases from small business merchants on Saturday, November 26, 2016.
At the inaugural celebration of Small Business Saturday six years ago, New York City’s then Mayor stated: “Small businesses are the backbone of our economy and the glue that holds communities together, and we’ve always sought new ways to support them - something that became even more important when the national economy downturn began.” At that year’s kick-off he noted that small businesses now employ about half of the workers in the private sector and create about 65% of new jobs.
In Maryland, small businesses - those with fewer than 500 employees - comprise 97.7% of all employers and employ 48.5% of the private sector workforce.
The Chairman and CEO of American Express created the “shop small” idea as a small business version of big box stores’ Bla...
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