{"id":13720,"date":"2020-05-21T02:02:36","date_gmt":"2020-05-20T20:32:36","guid":{"rendered":"https:\/\/www.instamojo.com\/blog\/?p=13720"},"modified":"2021-06-04T12:47:03","modified_gmt":"2021-06-04T07:17:03","slug":"how-to-support-small-businesses-during-an-economic-crisis","status":"publish","type":"post","link":"https:\/\/www.instamojo.com\/blog\/how-to-support-small-businesses-during-an-economic-crisis\/","title":{"rendered":"How To Support Small Businesses During an Economic Crisis"},"content":{"rendered":"

If you are privileged to be home right now, scrolling through social media and taking on your 9-5, wondering if there is a way you can contribute, how about showing some support to small businesses near your area?<\/p>\n

The past two months have been exceptionally hard on the MSME sector, and the aftermath is not looking good. Small businesses are coming out of the pandemic lockdown with little hope.<\/p>\n

It\u2019s time we all helped out a little.<\/p>\n

Why should you support small businesses?<\/h2>\n

2 Reasons:<\/p>\n

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  1. There are over 50 million small businesses in India and they account for a third of the country\u2019s GDP. So, if you want to see the economy improve, support your local businesses.<\/li>\n
  2. Small businesses employ over 120 million people, a lot of them who have lost their jobs during the pandemic lockdown. So, when you buy small, you do big for the job sector too.<\/li>\n<\/ol>\n

    6 Tips to Support Small Businesses in India<\/h2>\n

    Remember the age-old line\u201d A little goes a long way\u201d? That works for small businesses too. Small businesses are facing severe business competition from bigger competitors, including medium-sized franchises with a stronger customer base.<\/p>\n

    So, what can you, as a concerned citizen\/customer do to support small businesses?<\/p>\n

    Look for online small businesses:<\/h3>\n

    Yes, movement is restricted so you cannot buy from your local vendors. But, did you know a lot of these businesses are now online?<\/p>\n

    Let\u2019s say you want to buy toiletries for your home. Instead of buying the commercial big brand, you find in the grocery store, buy from a small, eco-friendly business like Minimo Basics.\u00a0If you need stationery, look up Justincase\u2019s online store on Instamojo.<\/a><\/span><\/p>\n

    Bonus: If you find a small business via social media, you can buy via their Instagram store or Facebook Shop<\/p>\n

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    A post shared by Earthable | Live Sustainably<\/a> (@earth_able) on