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Local Businesses in Wichita Falls: Importance of Keeping Money in the Community

WICHITA FALLS, Texas (KAUZ) -After the closure of several businesses in Wichita Falls since the beginning of the year, the community is starting to realize the significance of supporting local establishments.

We are taking a look at the importance of keeping money local and the impact it can have on the economy.

The latest Salt and Pepper announced they were closing, but after a wave of support, they decided to keep their doors open, showcasing the power of community support.

After visiting the restaurant, in the late afternoon, it was a packed house, indicating a resurgence of interest in the local business.

When the owners announced their closure earlier this week, they said an outpour of support came from the community, but some of the feedback they heard was ÔÇÿI didnÔÇÖt know you were hereÔÇÖ, showcasing a need for better awareness of local businesses.

Salt and Pepper re-opened its doors back in June of last year, facing challenges but ultimately persevering to serve the community.

After some speed bumps, like management changes, the restaurant thrived, but that all changed in the last few weeks, highlighting the fragility of small businesses in the current economic climate.

ÔÇ£We had a good January and half of February. Then nothing, everything took a nose dive and we didnÔÇÖt understand why, but not having the business after a couple of weeks can kill a small business.ÔÇØ General Manager of Salt and Pepper, Wayne Moore said, emphasizing the challenges faced by local businesses.

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Mayor Tim Short, a strong supporter of local business, hopes this drives the community to support more local businesses and boost the local economy.

ÔÇ£Small business is the heart of our city small business will always be. It does take community support and hopefully, the community is learning through the outreach of Facebook, through the outreach of the chamber, and the outreach of the businesses themselves.ÔÇØ Mayor Tim Short said, underscoring the importance of community backing for local businesses.

The Mayor adds that there are resources for our local businesses to reach out for help, a few of them being the chamber of commerce and the small business administration that is at MSU, providing avenues for support and guidance.

Moore shared why local businesses are important to the local economy and how they play a vital role in sustaining the community.

ÔÇ£Any business especially a local business would require support from the community. One is because we can help keep money in the community, it boosts the economy if we do it well. Moore said, highlighting the direct impact local businesses have on the economic health of the community.

Mayor Short encourages local businesses to take advantage of those resources or even find a mentor, emphasizing the importance of seeking support and guidance for sustainable growth.

He and Moore hope to see continued support for all local businesses, recognizing them as the lifeblood of the community.

Local business small or not is the heartbeat of the community, serving as pillars of support and growth for the local economy.

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