Small Business Community Impact
In this report, Peak B examines the impact SMEs have on communities. According to the report, 90 percent of small businesses believe small businesses should support community organizations. The report highlights the value of SMEs and their support towards: charities, schools, special interest groups, sports clubs, the homeless and food banks. Key themes discussed in this research include:
- Small businesses as an agent for change
- Opportunity creation
- Formal recognition
- Small business is personal
- The sparks
The report also includes the benefits of partnering with SMEs and their ability to foster social change. In addition, SMEs interaction with ‘purpose’ can in turn, produce a commercial advantage, according to the article.