Access to capital

Closures have greater impacts than you may think as ecosystems are disrupted

Derreck Johnson is painstakingly aware of how the current global health crisis has impacted not only his small business but the entire small business ecosystem in Oakland, Calif. 

Derreck has been an entrepreneur for the past 30 years and has always had a passion for identifying a community need and filling it with a business. His entrepreneurial journey started with a small car washing business, but now he is a restaurateur and the proud founder of the now employee-owned restaurant Home of Chicken and Waffles.

English

Veteran small business owner shows meaning of perseverance during a pandemic

Tammy McDaniel started working in travel management after serving in the Iowa National Guard for five years and the U.S. Air Force for more than two years, but she’s always had a curiosity and passion for the travel industry. As a young woman who vacationed with her family every year, she found travel booking to be an interesting way to make a living. She sought opportunities to help her learn more about travel management, and eventually she opened Tammy’s Journeys in Fort Walton Beach, Fla. 

English

Illinois limo service owner struggles to see a road ahead for her business

Guana Stamps, owner of Keep it Moving & Associates LLC in Chicago, Ill. opened her limousine service with the idea of offering a safe, reliable way of transportation for her clients. Keep it Moving is a pet friendly car service, which is an uncommon feature in the transportation business and sets her apart from the local competition. 

English

Multi-faceted business owner clings to hopes of a new COVID-19 relief package

After working as a public school teacher in Los Angeles during the height of the 2008 recession, Corissa Hernandez was inspired to launch her first mission-driven company to support her local community in Covina, California. Through Legacy Full Circle Financial & Insurance Services, Corissa educates low to middle-income families about financial literacy and planning. But she didn’t stop there.

English

Brewmasters ‘re-craft’ their business to weather the crisis

Rob Lightner and his business partner Chris Coomber opened East Brother Beer Company, a brewery and taproom in Richmond, California with the idea that beer can be a democratizing force—by being more accessible to those who wish to try new “potions,” enjoy some downtime and foster relationships in an inclusive community.

English

Survey: More than 1 in 3 small businesses won’t survive past the next three months without additional financial relief

Publisher: 
Small Business Majority
English
Date: 
Tuesday, October 20, 2020

This is the fifth in a series of COVID-19 related surveys Small Business Majority has released of its network. Over time Small Business Majority has tracked the economic conditions facing small businesses, how well federal stimulus programs have served its network, the small business owners' views of proposed stimulus provisions, and other issues of importance. 

Virginia Small Business Owner Submits Testimony Supporting Disparity Study

Today, Phillip "Ace" Jones submitted his support for the Department of Small Business and Supplier Diversity's disparity study. As an African American small business owner, Phillip knows first-hand why it's critical to help illuminate the barriers women- and minority-owned small businesses face in the Commonwealth. 

English

Small Business Majority Submits Testimony to Support Disparity Study in Virginia

Today, Small Business Majority submitted testimony to the Virginia Department of Small Business and Supplier Diversity who, along with BBC Research and Consulting, are conducting a disparity study in Virginia. A disparity study is an essential first step towards passing policy solutions that would allow more women- and minority-owned small businesses to compete on a level playing field with other businesses. 

English

Florida business owner knocks many doors to bring educational resources to her community

Luisa Santos was only eight years old when she and her family moved from Bogota, Colombia to the United States in search of better opportunities. Since then, Luisa has found creative ways to support and participate in her community, and started her entrepreneurship journey with LuLu's Ice Cream, a nitrogen ice cream shop and catering business in Miami, Florida.

English

Chicago small business pivots to support frontline workers

What comes after the pivot? Many small business owners who initially re-tooled their business to better suit the needs of consumers during the pandemic are starting to ask themselves this very question. Among them is Eric Cup who expertly adapted his business early on, but is now finding his pivot, while necessary, is not sustainable. 

English

Pages