Blogs

Many California small businesses would like to offer retirement options to their employees—to help attract a talented workforce and boost employee morale—but can’t afford the overhead and administrative costs. The state now requires that all businesses with five or more employees facilitate employee participation in CalSavers if they don’t already have a retirement plan in place. Businesses are being phased into the program over time based on their number of employees.

When Shalini Khanna immigrated to Northern California, she found that the majority of jobs available to Indian immigrants were in tech and IT. Uninterested in sitting behind a desk all day, she knew entrepreneurship was for her. 

Unfortunately, she didn’t know many entrepreneurs she could turn to for advice and had no hands-on experience running a business despite having an MBA, so she decided to take the route of franchising. 

She says, “I didn’t have anything in the bank or any experience, but I knew I wanted to own my own business.”

California small business owner Dr. Wendy Talley and her team are redefining “essential worker” with their much-needed support services throughout the pandemic. 

With unprecedented times come great amounts of uncertainty and mental stress. Not only are we reckoning with a devastating public health crisis, but we are also still adapting to a new normal that can be isolating and overwhelming. It’s no wonder Dr. Talleys waiting list at Thelese Consulting Group is longer than ever before. 

The past year has stretched many households to their broadband limit with kids learning virtually and parents working remotely at the same time, but for rural small business owner Shayai Lucero, this isn’t a new challenge. 

This National Small Business Week has been an important time to reflect on the challenges small businesses have endured over the past year. In order to highlight the current state of small business, we spoke with six entrepreneurs from across the country about their experiences running businesses throughout the pandemic. You can read all about their perseverance below. 

During April’s National Financial Literacy Month, we spoke with small business owners around the country about the challenges they’ve faced during the last year of business turmoil and how they’ve pivoted their businesses to stay afloat during the pandemic.  These business owners have weathered many untenable challenges and are sharing their lessons learned and some best practices other small businesses can follow during this difficult time. Read on to learn about some of the key steps they took to overcome the challenges brought on by the pandemic.

Why shop small? Because $0.67 of every dollar you spend at a small business gets invested back into the community. For Jeff Rogoff, owner of Sazza in Greenwood Village, Colo., this philosophy holds true. At Sazza, not only are the pizza toppings and cheeses locally sourced but so is the silverware, tables, glassware and branded merchandise. 

“Being mindful of our community, working with our community and being a part of our community is all very important to us,” Jeff says.

Most first-time business owners struggle to be profitable during the early stages of their business venture. But when you add a global pandemic into the mix, the chances of being profitable essentially go out of the window. This was the case for Nichole Jackson, a former educator who decided to pursue her entrepreneurial dreams and become a restaurant business owner in 2019.

Entrepreneurship has been a way for many Americans to avoid unemployment throughout the pandemic. So, when Michelle Youngblood’s corporate office shut down with a round of layoffs, she realized this was the push she needed to launch her own brand, Brooklynn & Blake.

Johana Hernandez has been surrounded by fashion her whole life. Growing up, her parents worked in sewing factories in Los Angeles, which enabled Johana to learn all about garment design and the production of high-end clothing firsthand. In the beginning, making her own clothes was simply a hobby that Johana and her mother enjoyed doing together in their spare time, but soon it became a passion and her path to entrepreneurship.