Entrepreneurship

The Agenda for Illinois’ Entrepreneurs

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.  Illinois small business owners are navigating workforce shortages, a childcare crisis and the end of a number of pandemic era programs that support entrepreneurship.

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The Agenda for New Mexico's entrepreneurs

Small Business Majority has created a comprehensive state policy agenda to ensure entrepreneurship is at the center of a thriving and inclusive economy in New Mexico. It’s critical that state lawmakers enact short- and long-term policies to support and empower entrepreneurs by guaranteeing their access to capital, an infrastructure that can support their ability to offer quality jobs, and their ability to compete fairly now and in the future. To achieve these goals, policymakers should consider the following policy proposals. 

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The Agenda for Georgia’s Entrepreneurs

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 1.2 million small businesses comprise 99.6% of all businesses in the state, and they employ 1.7 million residents—nearly half of all Georgia employees.

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The Agenda for Wisconsin’s Entrepreneurs

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.

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Small Business Majority submits testimony in support of occupational licensing reform in Georgia

Small Business Majority's Georgia Director, Rachel Shanklin, submitted testimony for the record in support of SB 157. The proposal will give Georgians a fair chance and help expand our state’s skilled workforce by making it easier for entrepreneurs and jobseekers to obtain occupational licenses. 

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Small Business Majority testifies in support of improved childcare assistance program

On March 12, Small Business Majority's Colorado Director, Lindsey Vigoda, testified before the Colorado House Health and Human Services Committee in support of HB 24-1223. If passed, this proposal would strengthen and streamline the eligibility process for the Colorado Child Care Assistance Program (CCCAP), reducing administrative burdens for working families and stabilizing the childcare industry in Colorado.

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Small Business Majority testifies in support of occupational licensing reform

Today, Small Business Majority Colorado Director Lindsey Vigoda testified before the Colorado House Business Affairs and Labor Committee in support of House Bill 24-1004, legislation concerning justice-impacted individuals’ ability to receive authorization to work in state-regulated occupations. This is a significant proposal that will help support aspiring entrepreneurs and workers with previous criminal records, as they start and work at small businesses, increasing their economic opportunities and independence. 

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Small business owners share their experiences with new Beneficial Ownership Information reporting requirements

Publisher: 
Small Business Majority
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Date: 
Thursday, February 15, 2024

As of January 1, 2024, some small businesses in the United States are required to file a Beneficial Ownership Information (BOI) Report with the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN). This new reporting requirement is part of the Corporate Transparency Act (CTA), a law designed to help prevent and combat money laundering, tax fraud and other financial crimes. A recent Small Business Majority national opinion poll gauged small business owners’ awareness of the new BOI reporting requirement and their experiences with filing the report.

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