Small Business Saturday kicks off Nov. 30, encouraging many to shop local – WBBJ TV

JACKSON, Tenn. — Small Business Saturday is this Saturday, November 30. This holiday season, families will shop at small businesses across America.

Small Business Saturday, an annual shopping event on the Saturday after Thanksgiving, is meant to encourage shoppers to spend at their neighborhood stores. Small businesses are not only supported by their local communities but many are supported by private investments. Business owners use capital and guidance from investors to grow stronger and employ workers.

One of the tactics benefiting every industry in the country and millions of American workers has been private equity or PE. PE investors put capital into companies with growth potential and work with them to expand or turn around the business. The goal is to create better jobs, stronger companies and healthier communities.

“Americans are dealing with inflation and small businesses have been feeling the pressure and private capital and private equity is an important partner to help you navigate those issues,” said Jamal Hagler, vice president of research for the American Investment Council.

Small businesses such as Dewayne’s Quality Metal Coatings, Southern Tooling, and Dolly Parton’s Stampede are all backed by private equity located in right here in Tennessee.

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