COVID-19

Chicago restaurateur highlights the importance of capital in post-pandemic era

Posted: May 23, 2022

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.  

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Small Business Majority supports Delaware retirement savings program

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.

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Submitted by Quintin Reed on Fri, 05/13/2022 - 09:04

Small business owner grapples with business changing through the pandemic

Posted: May 13, 2022

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. 

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Survey: Small businesses share current business concerns, challenges with federal relief programs

Publisher: 
Small Business Majority
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Date: 
Thursday, May 12, 2022

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.

Opinion Survey: Colorado small businesses identify priorities for the Colorado General Assembly

Publisher: 
Small Business Majority
English
Date: 
Wednesday, April 27, 2022

As entrepreneurs continue to navigate business and economic challenges stemming from pandemic, Small Business Majority surveyed small business owners and operators in Colorado to assess business conditions and the rising costs of healthcare. 

Business organizations support preserving SSBCI

Today, Small Business Majority and more than 50 small business organizations sent a letter to Congressional leaders underscoring the importance to preserve the $10 billion allocated to the State Small Business Credit Initiative program. As representatives of small businesses around the country, our organizations know firsthand that access to capital can determine the success of any small business and that is why we rise to show our support for preserving a program that is instrumental in helping small business owners access much-needed capital.

 

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Submitted by Quintin Reed on Mon, 04/25/2022 - 09:14

Immigrant business owner travels the world to share her knowledge on relaxation techniques

Posted: April 6, 2022

Sayuri Tsuchitani began her career as a hairdresser in New York, and her work launched her into opportunities to travel the world. As a Japanese immigrant, she says her career goal is to bring Eastern techniques of relaxation to help alleviate stress in Western cultures. Although her entrepreneurial journey hasn’t always been an easy one, especially in light of the COVID-19 pandemic, Headspa EN in Beverly Hills, Calif. continues to prevail.

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Small Business Majority opposes rescinding dollars from small business programs

On April 6, Small Business Majority submitted a letter to congressional leaders opposing pay-fors for the Bipartisan COVID Supplemental Appropriations Act. The Act rescinds dollars from key programs, including $900 million from the Economic Injury Disaster Loan Advance and nearly $2 billion from the State Small Business Credit Initiative. Rescinding these dollars undercuts the trajectory of the small buisness ecosystem during a time when small business owners are still struggling to keep their doors open. 

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Submitted by Awesta Sarkash on Wed, 04/06/2022 - 06:47

Small Business Majority writes in support of Assembly Bill 1993

Small Business Majority wrote to Assemblymember Buffy Wicks in support of AB 1993, legislation that would enact a statewide COVID-19 vaccine mandate for all businesses in California and their employees and independent contractors to receive the COVID-19 vaccine. AB 1993 would remove the onus from entrepreneurs of enforcing their own public health protocols in the workplace, thus allowing them to focus on getting back to work at full capacity.

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Submitted by Mayra Ordonez on Thu, 03/24/2022 - 11:52

Scientific Opinion Poll: Small businesses seek a level playing field and chance to compete fairly

Publisher: 
Small Business Majority
English
Date: 
Wednesday, March 30, 2022

Underregulated technology platforms, corporate consolidations and pernicious business practices are fueling an increasingly uneven level playing field between small and large companies by dramatically restricting markets and stifling competition. These challenges have been exacerbated during the pandemic as small businesses pivot their businesses to stay afloat, and thousands of people launched new entrepreneurial endeavors. A new opinion poll reveals that our nation’s entrepreneurs are being harmed by myriad anti-competitive practices, and they strongly support policies to create a more equitable business landscape.

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