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Grant Cooper discusses why a new movement is placing a greater value in shopping locally to support the community.
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I want to switch gears radically.
And I actually talk about.
-- movement that's kind of -- -- away -- the Internet when it comes to spending money in -- and in retail.
-- supporting the mom and pop shop again the brick and mortar -- we have Gary Cooper joining us from New Orleans, Louisiana -- that president of strategic resonates.
Austria just -- thank you for joining us.
And so it.
So why do you think that.
Brick and mortar is making a comeback right now.
Well first of all there was -- -- movement toward people abandoning their brick and mortar.
And going into an Internet based business model because it obviously save so much money.
You -- decision conduct their business online.
Merchant accounts they -- -- people can't victim by cellphone.
But the fact.
It is still lot of customers really like the face to face meeting with their merchant.
-- -- -- And then also I'd have to say that sales tax has something to do this as well right because you know there's.
Many Internet when web retailers are now having to charge sales tax for certain states.
-- the -- -- -- is that if the Internet based business that you're doing business with.
Actually has -- physical office in year Stater locality.
Then you do have to pay Internet tax on -- -- but if it's a company like you know that does not -- any presence in your state.
Right then -- it's it's tax free.
-- -- and I could argue that with that housing.
First and you know that the downturn we've seen effort and he didn't answer session general leases for many businesses are more affordable right now so that might encourage some owners to.
Actually have a real shop that people can walk into physically.
In today's economy.
-- small business person you can go out and negotiate a recent very favorable.
We'll turn something that you know prior to the downturn was -- -- to do.
You know one other item -- is that so.
Hello there have been studies that show.
That spending your money with local businesses.
The circulates that money three times more effectively than shopping at the biggest change.
Yes like -- by local kind of mentality its movement right.
Right -- not here I'm in New Orleans, Louisiana and by the way just one little tiny correction.
Hello thank you for calling me Gary Cooper I think he was agree.
Grants on very angry and you are full year cracking me wait to relates.
It says -- million front of the annulment papers I just misspoke sorry -- No that's fine -- You know I'm in New Orleans, Louisiana and one of the things we found here with Katrina and even recently with -- Is that local businesses can spring back up.
Much more quickly as a matter fact I just read an item on the Internet.
About pizzeria in New York.
That was open throughout hurricanes -- And it you know locals -- they dependent on -- and therein.
It was the only place open whereas national chains tended to close to him.
Grant I'm so glad you transition doesn't segue us -- talking about.
The hurricane -- and I'll call you out on it but it's true and and Hurricane Katrina something that you lived through you've experienced.
Locally in fact.
And statistics show that 48%.
Or so of smaller businesses don't come back.
After such a natural disaster.
So how does that it's a small businesses which are local are not coming back how is -- an opportunity for local businesses in general.
-- -- -- -- -- You know -- and it's a good point and home.
I kind of -- liken it to a forest fire when a forest fire goes through an area you know many trees are burned down.
But then it is very fertile and other trees now -- somewhat available or they don't -- -- fertilizer bill will make it sprang up you know win.
-- hurricane or natural disaster occurs you know many businesses to bite the dust so to speak -- it.
-- opportunity so I -- -- New Orleans we are seeing a resurgence.
A little local entrepreneurial economy.
And its it's something that is gained national rating.
-- kind of industries over others or it's it's all over the -- all over the place across the board.
Well primarily if papers service based industries and they don't require a lot of inventory because -- -- Looking a lot of inventory that's -- high capital.
-- Good point and granting have a couple more seconds here.
What is strategic resonates the company that you are president -- kind of companies that.
Well I have a local office but I also do nationwide -- -- riding -- business plan right so people call me.
They tell me what opportunities are Tron troops or and I -- -- document that's going to open the doors program.
Okay and is it so you also you you operate online as well yes.
With an -- -- anybody can go to strategic resonates dot com and they can find out all about our business them.
The services that we provide -- -- -- is that what we're seeing more companies -- -- physical as well -- Internet.
Virtual and that's -- it's not an either or it's.
Actually -- if you have an Internet site and your business is doing great schedule a little office -- incontinence speak directly with you that's a big plus.
It's got you -- Cooper thank you so much founder and president strategic resonates joining us from New Orleans, Louisiana timely -- you ask me -- and I don't well can you answer our question -- the day -- a have you decided -- you'll look for.
Yes -- -- okay and then who is it.
Will I am in a red states so according to the Electoral College.
It's not really consequential -- -- -- -- -- because it's pretty well not.
Battleground state an enthusiastic one of the first principles.
We cannot talk politics or religion but our clients.
So you and Tommy great but he hinted okay everyone have a beautiful day we gotta go.
