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Generally speaking businesses that actually bring outside money into an area tend to be large businesses. There are obviously exceptions but small businesses u
by candybar 8y ago
Generally speaking businesses that actually bring outside money into an area tend to be large businesses. There are obviously exceptions but small businesses usually rely on capturing economic activity that would have occurred anyway in the area. Amazon in NYC brings significant outside revenue from all over the US and in some cases the world into NYC. Most small businesses in NYC don't do this - they are mostly competing against another for the consumer that would've happened locally anyhow. Looking globally, even large businesses are just competing against one another in the same way but for any give municipality, there are benefits to being home to large corporations that are able to bring revenue from outside into the local economy.