Sustainable Business Alliance
The Sustainable Business Alliance is a membership organization for companies committed to greater environmental and socially responsible business practices. Our members are a diverse community of over 100 sustainable businesses in the San Francisco Bay Area. We strengthen our businesses through networking, education, and partnership opportunities. We learn from and support each other through strong community and collaboration.
Our mission is to promote sustainable business practices, nurture the environmentally-committed business sector, advocate the environmentally progressive policies, and improve the environmental profile of economic activity in the East Bay.
If you are already implementing sustainable practices in your business, or would like to learn more about greening your business, consider membership in our growing network of eco conscious entrepreneurs.
Available by appointment only
How You Pay-Less-First when you Buy Local
Keith Clark is a New England advocate of "buy local movements." He has a website and blog which he uses to promote "Think Local First." In his latest blog post, he provides a formula for calculating the "savings" you will receive when you "Buy Local".
RCOG x BLM = LEV
LEV + CIC = ALEV
ALEV - RCOG = BLS
Retail Cost of Goods X Buy Local Multiplier = Local Economic Value*
$1.00 1.45 $1.45
*For every dollar spent with locally owned businesses $.45 is reinvested with other locally owned businesses. This creates a "Buy Local Multiplier" and the compounding effect results in what we call the "Local Economic Value."
Local Economic Value + Community Investment Credit = Adjusted Local Economic Value*
$1.45 $.024 $1.474
*According to a study by American Express, the average corporate charitable contribution is 6% of gross profits. Other studies have shown that locally owned businesses typically contribute twice the national average. Assuming a Retail Gross Profit Margin of 20% we arrive at a "Community Investment Credit" of $.024 per dollar. This creates what we call an Adjusted Local Economic Value; the influx of cash to your community for economic development and local non-profit causes.
Adjusted Local Economic Value* - Retail Cost of Goods = Buy Local Savings*
$1.474 $1.00 $.47
What other investment guarantees nearly a 50% return with NO RISK!
© 2011 PayLessFirst
To learn more about Keith Clark and promoting local businesses click on the links below: