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Growing the Economy for Women and Minorities

Center for American Progress
Topics:
Entrepreneurship

Small businesses are the backbone of the American economy, and entrepreneurialism is an important pathway to the middle class for millions of Americans. Unfortunately, all too often, women and racial and ethnic minorities face structural barriers to starting businesses, leading to lower business ownership rates among these underserved demographics. Progressive policies that expand access to capital and give people the tools and knowledge they need to start a business can help overcome these barriers to create a more inclusive and diverse entrepreneurial economy.
U.S. Secretary of the...

Go Green: Basics for Startups & Entrepreneurs

Wherevent
Topics:
Clean Energy

The Inland Empire Regional Chamber of Commerce, City of San Bernardino Municipal Government, The Headquarters, and Small Business Majority invite you to join us for this interactive presentation.

Cost of health care continues to hit small businesses hard

NJBIZ.com
Topics:
Healthcare

Employers continue to search for a way to control health care costs in the state, repeatedly telling the New Jersey Business & Industry Association that it's their biggest concern.

About 85 percent of employers offer health benefits, with 83 percent saying they continue to do so to attract and retain workers, according to NJBIA’s Health Benefits Survey.

The lack of choices in health plans for small employers is something the health industry is aware of and focusing on.

Can Small Businesses Solve the Retirement Crisis?

Find Law
Topics:
Retirement

California is paving a new way for employers to help with the retirement crisis using the new California Secure Choice Retirement Plan. This is a state sponsored retirement account for the employees of small businesses that traditionally could not afford to provide employees with a retirement plan. The plan, which Governor Jerry Brown has signed into law, will allow millions of Californians to start saving toward their retirement. If others states follow California's lead, Fortune notes, this type of plan could help alleviate the retirement crisis in the US.

The California...

Why Small Businesses Likely Create More Jobs Than Previously Thought

SmallBusiness.com
Topics:
General Small Business

Over the past three decades, companies that were less than one-year-old with one to four employees averaged creating more than one million jobs per year.

That’s a lot of jobs.

But the number would be much higher if the government included the economic impact of the self-employed, or “non-employer business,” the label used by the IRS to describe freelancers or other types of independent workers.

The decision to collect the data this way happened decades ago; long before the rise of contingent talent and the growing ability to hire contractors through online on-demand...

Landmark State Law Will Help Millions Retire With Confidence

AARP
Topics:
Retirement

Great news out of California: A new state law will help nearly 7.5 million workers retire with confidence. Signed by Gov. Jerry Brown on Thursday morning, the California Secure Choice Retirement Savings Act (Senate Bill 1234) will give millions of Californians a way to save for their future at work.

It has been a long road to get to this day, and the AARP California Office has been a key leader every step of the way!

California state Sen. Kevin de León first introduced legislation to improve retirement security for California workers as a freshman member of the Assembly in...

SMALL BUSINESSES AFFECT GOVERNMENT THINK TANKS EMERGE AS MAJOR PLAYERS

Greater Lansing Business Monthly
Topics:
General Small Business, Non-discrimination

Most people would agree with the fact that politics have a strong influence and clear impact on how small businesses work. The idea that small businesses can have a huge impact on corporate politics and procedures, however, is a less-discussed topic.

Oftentimes, it’s easier to see that legislation from Capitol Hill has a significant impact on local businesses than vice versa.

A recent article in The New York Times by Eric Lipton and Brooke Williams discussed the idea of how think tanks affect corporate America’s influence. The article, published in August 2014, took a closer...

Point-counterpoint: Should Colorado voters approve Amendment 70, which would raise Colorado's minimum wage?

The Gazette Online
Topics:
Minimum Wage

We have been paying our entry-level employees $12 and $13 per hour for seven years now, and our businesses have only grown and become more profitable. In fact, our labor costs have gone down. Why?

Now that we pay a living wage (with benefits), we attract the best employees. They stay with us much longer, and the longer they stay, the better they become at their jobs. It's been our experience that long-term employees can do the work of 11/2 high-turnover employees.

It's also a plus that we spend less money on training new employees. Training is the most expensive...

A Win For Millions Of Small-Business Workers

The Foxboro Reporter
Topics:
Healthcare, Access to Capital

NAPSI)—Changes in the way small and midsized companies are regulated by the Affordable Care Act (ACA) could make a substantial difference to some 60 million workers and their families—and both they and their employers could benefit.

As of January 1, 2016, the rules for small-business groups have changed. Now defined as companies with one to 100 employees, the market that once consisted of independent grocers, auto repair garages, local restaurants, dry cleaners and beauty salons has grown to encompass larger small companies such as financial services firms, car dealerships and more...

Why some small businesses in #Colorado support raising the #minwage

FIELD at Aspen
Topics:
Minimum Wage

Why some small businesses in #Colorado support raising the #minwage: http://dpo.st/2cCHUk2

Good Coverage Options for California Small Businesses Heading Into 2017

Medium.com
Topics:
Healthcare

With the open enrollment period for health insurance rapidly approaching, many small business owners are probably starting to think about their plans for next year — and with lots of recent rumblings about the Affordable Care Act’s (ACA) success, some small business owners may be worried about their options. But for California’s small business owners, there’s actually plenty of good news about the ACA. As long as small business owners plan ahead, they shouldn’t encounter any big surprises heading into 2017.
Critics of the ACA have noted that coverage rates for plans purchased through...

A New One-Stop Shop for Financing Your Business

Medium.com
Topics:
Access to Capital

When Jose Rodriguez opened OFBS NOW, a small insurance and brokerage agency in Pasadena, he knew that one day he might want to take out a loan to grow his business. After three years of success, he’s getting ready to take that next step — but he has some trepidation.
“I’ve seen a lot of my small business peers take out bad loans and become trapped in cycles of debt,” said Rodriguez. “Before taking out a loan, I wanted to make sure I had all the right information so I didn’t fall victim to predatory lending.”
Of course, any small business owner can tell you it’s hard to locate...

Letter: We must repeal discriminatory HB2

The Highpoint Enterprise
Topics:
Non-discrimination

As recent coverage notes, the NCAA announced it would relocate seven
championship events from North Carolina in response to HB 2. This move shows the
lasting consequences of HB 2, which is hurting our state’s economy and our small
businesses.

I own a small business in High Point, and I depend on steady patronage from the
local community. Understandably, though, HB 2 has forced many people to consider
leaving North Carolina and moving to a more inclusive environment. For me, that
means fewer customers and a weaker local economy.

This pattern...

ACA still offers help for small businesses

Tribune Chronicle
Topics:
Healthcare

DEAR EDITOR:

Recent coverage discusses Aetna’s announcement that it will no longer participate in the Affordable Care Act’s health insurance exchange in Ohio. But while this decision presents a challenge to the exchange market, it’s important to remember the unique advantages available for small business and entrepreneurs.

Prior to the implementation of the ACA, many aspiring entrepreneurs were stuck in their jobs and unable to start businesses because they needed their employer-sponsored health insurance. With the launch of the exchanges, people now have the ability to leave...

CDFIs and Small Businesses: a Smart Match

Opportunity Finance Network
Topics:
Entrepreneurship

In the wake of the Great Recession, traditional banks tightened up their lending. From significant reduction or elimination of loans below a certain threshold—typically $250,000—to a refusal to lend to small businesses with revenue of less than $2 million. Some entrepreneurs may be able to turn to money from family or friends; others may be able to run successful online crowdfunding campaigns or utilize connections with wealthy venture capitalists. But for many small business owners, these tactics aren’t an option. Small, community-focused entrepreneurs may need more technical assistance...

Good Coverage Options for Small Businesses Heading Into 2017

Concord Patch
Topics:
Healthcare

With the open enrollment period for health insurance rapidly approaching, many small business owners are probably starting to think about their plans for next year – and with lots of recent rumblings about the Affordable Care Act’s (ACA) success, some small business owners may be worried about their options. But for California’s small business owners, there’s actually plenty of good news about the ACA. As long as small business owners plan ahead, they shouldn’t encounter any big surprises heading into 2017.

Critics of the ACA have noted that coverage rates for plans purchased...

A BIG LOSS FOR SMALL BUSINESS

Crain's Chicago Business
Topics:
Access to Capital, Taxes

Your recent article “Small-biz centers closing because of state budget woes” (Sept. 6) notes that about a quarter of Illinois' small-business development centers around the state have closed recently because of the state's budget challenges.

Since the 1970s, Illinois small-business development centers have provided free consulting and low-cost training assistance for small businesses. The advice and resources that they provide—on issues like loans and business plans—is invaluable. These resources are particularly vital for women and minority small-business owners who face...

Repealing estate tax won’t level the playing field for small businesses

Hill Online, The
Topics:
General Small Business, Taxes

Everyone knows the statistics – small business owners create two-thirds of new jobs each year and employ more than half of the private sector workforce. And as small business owners, we can tell you firsthand that small companies provide room for innovation that larger companies don’t. These contributions to the American economy are invaluable, so it only makes sense that our tax policies should help – not hurt – our small businesses. Unfortunately, lawmakers too often focus on the wrong types of policies – like the estate tax, which marked its 100th anniversary last week. Lately we’ve...

Why small business owners support raising the minimum wage

Denver Post Online, The
Topics:
Minimum Wage

A new report showing an increase in Colorado’s minimum wage won’t in fact be a job killer came as no surprise. This research reinforces what many small business owners are saying — that an increase will stimulate our economy by putting more money in the pockets of consumers who will spend at local businesses.

I talk to small business owners all over the state, and many say they support a higher minimum wage because it reduces turnover and increases productivity, which is good for their bottom line. What’s more, Small Business Majority’s opinion polling found 60 percent of small...

Even Businesses That Don’t Rely On Hanjin Could Be Caught in Cargo Crisis

Fortune
Topics:
General Small Business

Michael Brey has a lot on his mind. Like many retail owners, the president and founder of Hobby Works, a four-location hobby and toy store based in Laurel, Maryland, is gearing up for the holiday selling season.

That includes putting in orders of his specialty totes for the paraphernalia of hobby enthusiasts, which he manufactures using a Chinese factory. But he’s worried his shipments will be delayed, thanks to the bankruptcy of South Korean shipping giant Hanjin, which at the end of August sent shock waves throughout the commercial world when it announced it would enter...

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