Economic

Support Local Small Business in Sydney

Small businesses in Australia employ over 4.5 million workers and contribute $360 billion to the economy annually.  Small businesses are profusely Australian owned and operated and deserve our support to encourage reinvestment and job creation.


We are immensely surrounded by small businesses in our everyday lives; local business creates pockets of communities which are beneficial to the public and local town centres.  This is beneficial in sustaining our environment; creating vibrant, tight knit and walk-able communities reduces the use of vehicles on the road and therefore reducing emissions and pollution.

 

Locally owned businesses build a sense of positive community well-being, enhancing locals with economic and social relationships.  Furthermore, locally owned businesses have a strong influence, consider the impact to the community when making important decisions and contribute to local causes.


Large chain businesses tend to divert their revenue offshore to foreign networks with a lower investment percentage being reinvested back to the local economy.  On the contrary, small business is more likely to reinvest their earnings into the community as they build their business

 

Increasing competition is the best way to ensure low prices, with an exorbitant number of small businesses in competition with large business chains, it encourages innovation and opportunity.  This can be seen in today’s marketplace, small business is seeing opportunities with the innovation of lead generation websites.  Regardless if you are looking for removalists Sydney, caters in Sydney or florists Sydney there are quote comparison websites that allow the consumer to easily target a service, have their requirements compared and a competitive quote offered.  The end result, providing opportunity to small business, increases competition over time and saving the consumer time and money.

Economic

The importance of the film festival

Every June for 12 days, Sydney attracts international and local film makers to the annual film festival.  Films are showcased at venues across the city, with 12 films being selected to battle for the Sydney Film prize worth $60,000.  Since its beginning in 1954, the film festival has developed an important role in shaping our city.  Let’s have a close look at these advantages.

 

Support for local talent

The film festival provides strong support for local filmmakers.  This encourages the local film community and attracts support from locals, friends and family, generating into higher revenue from ticket sales.

 

Showcases upcoming talent

Filmmakers wanting to show their talent in the film industry can submit a film and go through the process of acceptance to the film festival.  With awards and cash prizes, it is an incentive for recognition and an opportunity to showcase skills

 

Promotes tourism

The Sydney Film Festival attracts tourists from all around the word.  With red carpet events, there are many who would flock to get a glimpse of their favourite actors and directors.  Media who cover the festival would also be promoting their impression of our city.

 

Opportunity to network

The festival provides a ground for filmmakers, supporters, media professionals to network with likeminded people in the same industry.  Networking establishes important opportunities and possibilities that can lead to something great

 

Economic benefits

Consumer spending has a positive effect in city.  The film festival consumes many resources and requires in depth organization before, during and after the event.  With increased foot traffic, retailers and service providers will see a boost in business; all is beneficial to the economy.

 

Brings the community together

Festivals generally bring a buzz to the community, producing an atmosphere among locals that is both exciting and full of pride.  This creates business opportunities and collaborative friendships.