Are you trapped in the cycle of predatory loans, struggling to break free from the financial burden they bring? You aren't alone.
Illinois Small Business Owner Highlight
After more than 45 years of business, Dante Hamilton, owner of Internet Webpages Newspaper Inc., has found himself in a resource renaissance thanks to the newly prevalent online tools that have been available since the beginning of the pandemic.
Illinois Events
Learn about the importance of succession planning and explore the potential of employee ownership for your small business. Join speakers from the U.S.
You learned about the basics of retirement and how your small business could benefit. Now, take the next step and learn how to take advantage of Secure 2.0, a law that can help you and your employees substantially improve your retirement options.
Looking to take your business to the next level with secure funding? Join Small Business Majority for a complimentary webinar dedicated to exploring funding options for small businesses.
Illinois Policy
Small Business Majority’s Illinois policy agenda outlines policies that advance and promote equitable pathways for entrepreneurship while centering small businesses as the key to a thriving and inclusive economy. The state’s 1.3 million small businesses employ 2.4 million people (about 44.1% of the private workforce), with firms without employees making up 80% of all owned businesses.
On March 28, Johnathon Bush, owner of Not Just Cookies provided testimony before the Illinois House Financial Institutions and Licensing Committee on HB 2234, legislation that would extend consumer protections for small business borrowers.
On March 28, Small Business Majority's Illinois Director Tasha Brown testified before the Illinois House Financial Institutions and Licensing Committee on behalf of HB 2234, legislation that would enact critical protections for small business borrowers in Illinois.
Small Business Majority wrote to Illinois Governor Pritzker in support of HB117, a measure that would expand Illinois Secure Choice so that employers with at least five or more employees may participate and auto-enroll their employees. This is an important step to supporting very small businesses and their employees who are unable to access traditional retirement programs, particularly those who have been impacted by the COVID-19 pandemic.
Illinois Research
While small businesses employ nearly half (46.4%) of the private workforce in the United States, many are struggling to hire and retain a ready workforce. Our poll of Colorado, Georgia, Illinois, North Carolina, Tennessee, and Texas small business owners reveals strong support for legislative solutions that would remove barriers for justice-impacted individuals by making reforms to occupational licensing and debt-based driver’s license suspensions. These politically diverse small business owners believe these measures would enable employers to tap into an underutilized workforce and open up opportunities for entrepreneurship.
Small Business Majority’s new poll of Illinois small business owners reveals strong support for legislative solutions that would remove barriers for justice-impacted individuals by making reforms to occupational licensing and debt-based driver’s license suspensions. These politically diverse small business owners believe these measures would enable employers to tap into an underutilized workforce and open up opportunities for entrepreneurship.
Small businesses in Illinois are still struggling to hire and retain a ready workforce, persistent challenges in the wake of the pandemic.
El programa de ahorros para la jubilación Illinois Secure Choice, que fue comulgado como ley en enero de 2015, ayuda a las pequeñas empresas que luchan por ofrecer beneficios de jubilación a sus empleados y brinda seguridad de jubilación a los 2.5 millones de habitantes de Illinois que no tienen acceso a un plan de jubilación en conexión con su empleo. A continuación se muestra una descripción general de lo que las pequeñas empresas deben saber sobre el programa.