“Going local … means nurturing locally owned businesses which use local resources sustainably, employ local workers at decent wages and serve primarily local consumers. It means becoming more self-sufficient and less dependent on imports. Control moves from the boardrooms of distant corporations and back into the community where it belongs.” – Michael H. Shuman, author of the book Going Local.
The top 5 benefits of being a NZ owned company.
1. Local Decision-Making – NZ ownership ensures that important decisions are made locally by people who live in the community and who will feel the impacts of those decisions. It also ensures the decisions suit the flavour and culture of NZ. A company that ‘gets’ the unique needs of Kiwis and doesn’t have overseas shareholders’ economic and cultural demands forced upon it is more likely to innovate and be responsive.
2. Keeping Dollars in the Local Economy – Compared to internationally owned businesses, NZ owned businesses plough a much larger share of their revenue back into the local economy, enriching the whole community and providing local economic stimulus and reducing environmental impact. NZ owned businesses create more jobs locally and, in some sectors, provide better wages and benefits than multinationals do.
3. Local partnership – NZ businesses tend to partner more with other NZ businesses meaning not only do you see economic stimulus from increased domestic trade and manufacturing, but you see more innovation to meet local business needs.
4. Community Well-Being – NZ owned businesses build strong communities by helping sustain vibrant towns and cities, linking people in a web of economic and social relationships, and contributing to local causes. Local business owners donate more time and money to local charities than overseas owners.
5. You Matter More. NZ businesses are by nature smaller, so they know you, your business and what’s important to you. You’re a name, not a number and your business is important to them.
Kiwi businesses have a personal investment in our country and our community.
