What is a "mom-and-pop" shop?
AnswerA small family-owned business
The phrase describes small independent businesses run by families.
Business · Facts & stats
Local facts & stats
7 fact-checked facts about local businesses, main streets and shopping local, each with the reason behind it. 5 more are in today's round and join this page after it closes.
The basics
Small Business Saturday falls on the Saturday after which U.S. holiday?
AnswerThanksgiving
It sits between Black Friday and Cyber Monday.
Going deeper
In local farming, what does CSA stand for?
AnswerCommunity supported agriculture
CSA members buy a share of a farm's harvest ahead of the season.
What is the local multiplier effect?
AnswerMoney spent locally circulates more in the community
Local businesses tend to re-spend more of their revenue nearby.
What is a business incubator?
AnswerA program that helps new companies grow
Incubators offer space, mentoring and resources to startups.
Expert level
In what year was the U.S. Small Business Administration created?
Answer1953
The Small Business Act of 1953 created the SBA.
In what year was the first Small Business Saturday held?
Answer2010
The first Small Business Saturday took place in November 2010.
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