We provide a suite of educational programs and resources to small business owners, their employees and self-employed entrepreneurs to empower them to start and grow their enterprises and maximize their economic prosperity.
On February 5, Small Business Majority released the first report of our new quarterly Voice of Main Street opinion poll series, which assesses the challenges and opportunities that entrepreneurs in our network are facing. The inaugural report finds that 53% of small businesses are concerned about how recently announced tariffs would negatively impact their business and 77% are concerned about their impact on the U.S. economy. Additionally, a number of entrepreneurs are concerned about mass deportations negatively affecting their businesses or their suppliers’ businesses, as well as the overall U.S. economy.
Read the reportOn January 13, Small Business Majority asked the Fifth and 11th Circuit Courts to allow it to defend the Federal Trade Commission’s rule prohibiting non-compete agreements in case the incoming Trump administration does not support the rule. Small Business Majority believes it should be allowed to continue the defense on the basis that many small businesses are disadvantaged by non-compete clauses, which make it more difficult for small firms to find and hire new talent.
Read the statementOn November 19, CEO John Arensmeyer testified before the U.S. Congressional Joint Economic Committee advocating for tax reform policies that support small businesses. The expiration of provisions of the Tax Cuts and Jobs Act presents an opportunity to reform the Section 199A pass-through tax deduction and benefit Main Street small businesses.
Watch the testimonyOn November 19, CEO John Arensmeyer moderated the “Equity in Action: Federal Agency Priorities and Lessons Learned” panel at the Minority Business Development Agency’s 2024 Federal Procurement Summit. The event brought together senior federal officials and representatives from key federal agencies who shared valuable insights with minority business enterprises in federal contracting.
On October 24, Small Business Majority and National Partnership for Women & Families released a new national opinion poll with oversamples in four states, which reveals that 79% of small business owners support the creation of a national paid family and medical leave program that would guarantee employees wage replacement for up to 12 weeks. The poll also reveals that 80% would like to offer more paid leave than they can currently afford.
Read the reportOn October 8, Small Business Majority released a new poll that explores small businesses’ experiences with targeted grant, loan and resource programs intended for diverse entrepreneurs. After the Supreme Court overturned affirmative action at colleges and universities, lawsuits against programs supporting BIPOC entrepreneurs have persisted. The poll reveals that a number of eligible small businesses have benefited from these programs and that the vast majority believe they should continue.
Read the reportOn September 24, Small Business Majority and the U.S. Small Business Administration Great Lakes Regional Office signed a strategic alliance memorandum to collaborate in meeting the needs of the small business community across the Great Lakes region. Together, we will work to provide resources, technical assistance, and events that help more entrepreneurs and diverse founders access capital. This mission-driven alliance aims to empower local small business owners and drive economic development in the region.
Read moreOn September 10, Small Business Majority network members and advocates participated in the White House’s Southeast Regional Business Briefing. The business owners heard from the U.S. Small Business Administration (SBA) Deputy Administrator Dilawar Syed, alongside other SBA officials, to learn more about the state of small business and available SBA resources. The entrepreneurs also visited Capitol Hill where they spoke with policymakers to advocate for small business policies.
On August 28, Small Business Majority released a new poll, which reveals that 82% of small business owners believe the federal tax system favors large corporations over small businesses. The poll also reveals that small businesses support reforms that would level the playing with corporations and wealthy individuals.
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On August 22, Small Business Majority released a new multifaceted study that examines how small businesses adopted new digital technologies during and after the pandemic. While many small businesses have adopted new tools to support their growth, the report also reveals that challenges remain, especially for businesses with less revenue.
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