Today, CEO John Arensmeyer shared a letter with congressional leadership outlining key policy recommendations that must be included in the forthcoming human infrastructure package. These investments are critical because small businesses need more support to ensure a successful long-term recovery from the pandemic, and to promote a more resilient workforce and economy.
Only a couple of months away from receiving an engineering degree, Alexa Alfaro decided to go out on a limb and pitched a business idea to her family. She’d spent the better part of her life learning about her Filipino heritage with her father, and cooking was the main ingredient for her to do just that. That’s when she launched Meat on the Street, Milwaukee’s first Filipino food truck in 2014.
Small Business Majority has created a comprehensive state policy agenda to ensure entrepreneurship is at the center of a thriving and inclusive economy in Georgia. The state’s 1 million small businesses comprise 99.6% of all businesses in the state, and they employ 1.6 million residents—nearly half of all Georgia employees.
As developments continue to unfold in response to the spread of COVID-19, we know many small businesses have questions about implications in the workplace and funding options to help bolster their businesses during this difficult time. We are compiling relevant tips and resources and information on new funding opportunities, how to get your business online and how to manage your employees. Access a list of national, state and local resources on emergency loans and grants, paid leave, unemployment, and more. New resources are added daily as information becomes available.
Small Business Majority’s policy agenda ensures that small business is at the center of a thriving and inclusive economy in Wisconsin and advances policies that promote equitable pathways for entrepreneurship. The state’s 461,000 small businesses employed 1.3 million people in 2021, and small businesses have historically driven job growth . Yet, small businesses in Wisconsin continue to face setbacks from the COVID-19 crisis and struggle to access critical financing and resources.
Small Business Majority’s Illinois policy agenda ensures that small business is at the center of a thriving and inclusive economy and advance policies that promote equitable pathways for entrepreneurship, with a particular emphasis on addressing systemic racism and sexism that impede economic inclusion and harm businesses owned by people of color, women and other underserved owners. The state’s 1.2 million small businesses employ 2.5 million people (about 45% of the private workforce), with firms less than 20 employees creating the largest net job gains.
Navigating the COVID-19 pandemic has been a tall order for small businesses, creating financial chaos and instability for all entrepreneurs regardless of how many years they’ve been in business. For Manish Mallick, owner of Bar Goa, an Indian gastropub, and ROOH Chicago, a progressive Indian restaurant and cocktail bar, seeing his once-bustling restaurant turn into an empty eatery has been devastating.
Today, Small Business Majority submitted a letter of support for HB 205, which would establish the Delaware Expanding Access for Retirement and Necessary Saving (“EARNS”) program. The program would allow eligible employees to provide, on a voluntary basis, access to retirement savings through a state-facilitated retirement savings program in a convenient, cost effective, and portable manner.
Former finance professional Howard Konishi always dreamed of owning his own gym and making a difference in his community. After turning 30, Howard finally decided to trade his suit and tie for climbing shoes and a harness full time.
The rock climber put his degree in economics to good use and started doing market research on where to open Top Out Climbing Gym. Finally, he decided on Santa Clarita, a smaller city north of Los Angeles, without a rock climbing facility.
As entrepreneurs continue to navigate a number of challenges operating their businesses, Small Business Majority surveyed small business owners and managers nationwide to understand their current business conditions and how they may have benefited from federal relief programs. The survey found that nearly two-thirds (65%) of small businesses felt more optimistic about their business prospects for this year's second quarter. Despite this optimism, small businesses are facing a number of challenges, including inflation, supply chain disruptions and workforce shortages.