The
U.S. Small Business Administration (SBA) Administrator, Maria Contreras-Sweet,
announced that the federal agency is partnering with the National Restaurant Association to promote dining
out during Small
Business Saturday
on November 29th. The partnership will amplify restaurants during the national
push to support our nation’s small businesses on the busiest shopping weekend
of the year.
“Local
restaurants pack a big punch to our nation’s economy, as part of the economic
powerhouse that is American small businesses. The restaurant industry is
projected to add 1.3 million jobs over the next 10 years and to project $683.4
billion in total sales, equaling 4 percent of the U.S. GDP,” said SBA
Administrator Maria Contreras-Sweet. “The SBA is proud to partner with the
National Restaurant Association to champion this great sector of American small
businesses.”
Dining
out on Small Business Saturday will emphasize the accomplishments of small
business restaurants across the country while encouraging
consumers to patronize eateries in their neighborhoods. Restaurants are a
significant factor in the nation’s economy as the industry’s economic impact is
estimated at $1.8 trillion. Additionally, each dollar spent in restaurants
generates an extra two dollars in sales for other industries, spurring economic
activity in their communities and across the nation.
“Restaurants
provide valuable jobs and careers for more than 13.5 million people and are
strong economic engines in communities nationwide,” said Dawn Sweeney,
President and CEO, NRA. “While the industry is the
nation’s second-largest private sector employer, the overwhelming majority of
restaurants, more than 90 percent, have fewer than 50 employees. The National
Restaurant Association is pleased to join forces with the Small Business
Administration to showcase the industry’s critical role in overall small
business creation.”
Additionally,
the SBA and the NRA are encouraging small business owners and community members
to share success stories of restaurants in their areas on social media using
the hashtag “#DineSmall.” This will allow communities
big and small to come together and show their support for entrepreneurs across
the country.
To
encourage not only the public to dine small, but for restaurants to prepare for
the busy day, the Small Business Administration will launch a social media
campaign called #ShowUsYourMenu.
Restaurants are asked to create a special menu for Small Business Saturday and
promote it on Facebook, Twitter and other social media sites to spotlight their
business and remind everyone to #DineSmall while they
#ShopSmall.
Visit
the Small
Business Saturday website for a list of participating restaurants.
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