LIBA is preparing to host over 200 local business alliance leaders,
visionary business leaders, government and economic development
officials, and those exploring how to better localize their community.
Click here for more information about the conference.
Special rates available for LIBA members! Click here.
Only In Louisville:
Tilford Dobbins Alexander PLLC
“When I tell people I’m an attorney,” says Patrick Schmidt, “I usually get the ‘eye roll’. Then I say, ‘I’m the good guy. I don’t screw anybody over but the IRS!’”
If that’s not charming enough, Patrick uses this expertise to spearhead Louisville small business growth. His firm helped negotiate the deals for projects that were the beginning of a downtown revival early in the last decade.
“No one was taking risks downtown back then,” says Patrick, “but we were able to qualify certain projects for historic tax credit financing and state tax tourism-based incentives. One in particular was only the second deal of its kind to go through in Kentucky.” (Read more)
The mission of LIBA is
to preserve the unique community character of the Metro Louisville area by promoting locally-owned businesses and to educate citizens on the value of shopping locally. In order to pursue its mission, LIBA will focus on:
- Informing citizens of the value provided by locally owned businesses, including their importance to the local economy, culture, and social fabric. The goal is to encourage area residents to view themselves as citizens -- as members of a community rather than merely as consumers.
- Offering group branding, promotion and advertising to LIBA members to elevate the individual and collective profiles of locally owned businesses in order to provide marketing and exposure advantages chains routinely enjoy.
- Creating strong relationships with local government and media in order to inform local decision-making and give voice to the locally owned independent business community, and to promote policies that support community-rooted enterprise.
Why buy local?
The Multiplier Effect:
Independent local businesses employ an array of supporting services, circulating money in and strengthening the local economy. They hire local architects, designers, cabinet shops, sign makers, and contractors, Local accountants, insurance brokers, computer consultants, attorneys, and advertising agencies help run them.
Dollars spent at community-based merchants create a multiplier effect in the local economy that typically amounts to three times that of a chain. Studies have shown that for every $100 spent at a chain, $15 remains in the community while $45 remains when spent with home town businesses.
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