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Resource filed under Independent Business | Written by Stacy Mitchell | No Comments | Updated on Dec 14, 2012

Local Revival: Building a Decentralized Economy

The content that follows was originally published on the Institute for Local Self-Reliance website at http://ilsr.org/local-revival-building-decentralized-economy/

Local farms, independent retailers, and community banks are all experiencing newfound public support. While these trends are encouraging, local businesses still account for only a small share of the economy. In this 15-minute talk, given in May 2012, ILSR’s Stacy Mitchell presents a compelling case for moving local enterprises from the economy’s margins to its mainstream. Continue reading

Number of Small Firms per 1,000 People, By State
Featured Article filed under Independent Business | Written by Stacy Mitchell | 6 Comments | Updated on May 9, 2012

Are Lightly Regulated States Really More Friendly to Small Businesses?

The content that follows was originally published on the Institute for Local Self-Reliance website at http://ilsr.org/lightly-regulated-states-friendly-small-businesses/

A new ranking of states based on “small business friendliness” gives low scores to those with more stringent environmental, labor, health & safety, and other regulations. The trouble with this analysis, however, is that many of the supposedly “unfriendly” states are actually home to much larger numbers of small businesses than the “friendly” states. Continue reading

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Article, ILSR Press Room filed under Independent Business | Written by ILSR Admin | 5 Comments | Updated on Dec 14, 2010

Five Ideas from Detroit

The content that follows was originally published on the Institute for Local Self-Reliance website at http://ilsr.org/five-ideas-detroit/

A couple of weeks ago I was invited to spend a day in Detroit meeting with local entrepreneurs and sharing ideas for spurring small business development. I came away feeling that Detroit has quite a bit to teach the rest of us about how to build a local economy from the ground up. Continue reading

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Article filed under Independent Business | Written by Stacy Mitchell | No Comments | Updated on Aug 24, 2010

Grassroots Financing is Underwriting a New Crop of Neighborhood Businesses

The content that follows was originally published on the Institute for Local Self-Reliance website at http://ilsr.org/grassroots-financing-underwriting-new-crop-neighborhood-businesses/

Just as CSAs have played a key role in the rebirth of small-scale farms, so too are new community-supported enterprise models helping to launch a new generation of independent grocers, bookstores, and other neighborhood businesses. Continue reading

Article filed under Banking, Independent Business | Written by Stacy Mitchell | 7 Comments | Updated on Feb 10, 2010

Why Small Banks Make More Small Business Loans

The content that follows was originally published on the Institute for Local Self-Reliance website at http://ilsr.org/banks-and-small-business-lending/

Although small and mid-sized banks control only 22 percent of all bank assets, they account for 54 percent of small business lending. Big banks, meanwhile, allocate relatively little of their resources to small businesses. The largest 20 banks, which now command 57 percent of all bank assets, devote only 18 percent of their commercial loan portfolios to small business. Continue reading

Article filed under Independent Business | Written by Stacy Mitchell | No Comments | Updated on May 20, 2009

South Dakota Town Creates Community-Owned Variety Store

The content that follows was originally published on the Institute for Local Self-Reliance website at http://ilsr.org/south-dakota-town-creates-communityowned-variety-store/

When small town in Clark lost its last variety store, they had a choice: drive 40 minutes to a nearby town for basic supplies or pull together and jointly create a new, community-owned store. They pulled together. Continue reading

Article filed under Independent Business | Written by Stacy Mitchell | No Comments | Updated on Apr 28, 2009

New Tool Helps Low-Income Communities Evaluate Food Retailers

The content that follows was originally published on the Institute for Local Self-Reliance website at http://ilsr.org/new-tool-helps-lowincome-communities-evaluate-food-retailers/

The newly published Sustainable Food Retail Framework aims to help cities struggling with a lack of grocery stores in low-income neighborhoods better balance the need to quickly fill the gaps (a mandate that often favors large supermarket chains) with the advantages of fostering development that delivers more long-term stability and greater economic, community, and environmental benefits (a framework that favors local business). Continue reading

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Article filed under Independent Business | Written by Stacy Mitchell | No Comments | Updated on Sep 12, 2008

Pennsylvania Seeds a New Crop of Local Grocery Stores

The content that follows was originally published on the Institute for Local Self-Reliance website at http://ilsr.org/pennsylvania-seeds-new-crop-local-grocery-stores/

The Pennsylvania Fresh Food Financing Initiative, a four-year-old, statewide grant and loan program for grocery store development, has financed over 50 independent grocery stores and small food retailers in underserved areas of the state. Continue reading

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Article filed under Independent Business | Written by Stacy Mitchell | No Comments | Updated on Mar 1, 2008

Community-Owned Stores: New Anchors for Older Main Streets

The content that follows was originally published on the Institute for Local Self-Reliance website at http://ilsr.org/community-owned-stores-anchors-older-main-streets/

The success of the Powell Mercantile has inspired at least half a dozen other towns in Wyoming, Montana, and Nevada—all too small and remote to interest national or regional chains—to open their own department stores. The concept is now spreading to the much more populous Northeast, where local residents are seeking community-focused alternatives to big-box retailers. Continue reading

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Article filed under Independent Business | Written by Stacy Mitchell | No Comments | Updated on Feb 9, 2007

Austin Initiative Connects Local Businesses with Developers

The content that follows was originally published on the Institute for Local Self-Reliance website at http://ilsr.org/austin-initiative-connects-local-businesses-developers/

A new online database created by the Austin Independent Business Alliance (AIBA) will help local entrepreneurs find space for their businesses and give property owners and developers a way to recruit more independent businesses to their properties.
Continue reading