Businesses that give back are on the rise. So are their earnings. When entrepreneur Blake Mycoskie went on a trip to Argentina, he saw that many kids had no shoes. So, he decided to do somehthing. In 2006, he founded a company that is now called Toms Shoes. The business was simple: With every pair of shoes he sold, the company gave a pair of shoes to a child in need. I personally think this business is awesome. But the companies that do give back benefit from it in many ways. For one, they attrack employees. Nearly two thirds of people ages from 18 to 34 say they would more likely work for a company that gave to charity, according to a 2016 Fortune magazine poll. Doing good to the world is good for company earnings too. Brands that helped out environment grew in sales more than four times from 2014 to 2015! The study shows people are most likely to pay for what they feel good doing, I can agree with that, and I'm only 11! I hope these companies grow more and more!
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AuthorAnna Pietruszynski :) Archives
May 2018
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