Entrepreneurship

Fair Competition

: Fair Competition

Fair competition is the underpinning of a thriving and equitable economy in which all businesses can achieve pathways to their individual success. As large businesses and online platforms continue to dominate and take hold of nearly all facets of our economy, small businesses are increasingly left at a disadvantage when competing for opportunities to expand their operations.

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Tax Reform

: Tax Reform

When crafted with the needs of America’s smallest businesses in mind, our tax code can serve as a critical tool in fostering a level playing field between large corporations and the small businesses. However, the current tax code does not work for small businesses. Small Business Majority’s research found that 82% of small businesses believe the current tax code favors large corporations over small businesses. Recently passed legislation, such as the One Big Beautiful Bill Act (H.R.

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Workforce & Benefits

: Workforce & Benefits

Small businesses rely on their ability to attract and retain qualified employees to compete with their larger competitors. To do so, small businesses require access to affordable benefit plans, including paid family and medical leave, childcare, and retirement, to ensure that Main Street jobs are quality jobs. Given the cost and administrative requirements of providing attractive and robust employee benefit plans, many small businesses simply do not have the capital or resources to offer these benefits, which ultimately restricts their ability to hire and retain workers.

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Healthcare

: Healthcare

Access to affordable, quality healthcare coverage remains central to the success and economic well-being of small businesses. As costs continue to rise across the individual and small-group markets, small business owners and their employees struggle to afford basic healthcare coverage. While employer-sponsored coverage options remain out of reach for the majority of the smallest businesses, recent policy changes to the Affordable Care Act (ACA) Marketplace and Medicaid have further restricted access to coverage.

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Small Business Majority and Rocky Mountain MicroFinance Institute host Colorado Inclusive Small Business Roundtable

Small Business Majority and Rocky Mountain MicroFinance Institute (RMMFI) convened an Inclusive Small Business Roundtable on December 4 with Colorado policymakers and agency leaders and a group of diverse small business owners ahead of the upcoming 2025 legislative session. The goal was to help legislators and agency attendees better understand the experiences and barriers that entrepreneurs face when starting and growing their businesses. 

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Colorado entrepreneur builds a thriving business by helping other small businesses

Although Jessi Burg loved her career in seasonal industries like environmental education, outdoor guiding and agriculture, she faced a big problem.

“I wanted to make a living wage,” she said. 

With that goal in mind, the future Colorado entrepreneur thought about the small business owners she knew. They seemed to have more control over their wages, work schedule and life. This realization led her to found a landscaping business, Pears to Perennials, in 2016.

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California entrepreneur’s childhood illness inspires his work to save lives

Gustavo Garcia Jr. contracted life-threatening viral meningitis as a child and ended up in the hospital as a result. But for Gustavo, something good came out of this experience: It inspired him to pursue a career in medicine and research. After studying immunology at the University of California, Berkeley, he went to work at the University of California, Los Angeles (UCLA), during the Zika virus epidemic of 2015-2016, and played a vital role during the COVID-19 pandemic. His work at that time was instrumental to his career because it allowed him “to see the gap in preventative measures to combat these viral diseases,” Gustavo said.

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Small businesses benefit from targeted grant and loan programs, support their continued existence

Publisher: 
Small Business Majority
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Date: 
Tuesday, October 8, 2024

Small Business Majority’s new national opinion poll of small business owners reveals that a plurality has benefited from government, private, or nonprofit programs designed to support a specific demographic group. This includes government agencies and federally-backed programs such as SBA’s 8(a) program, Women’s Business Centers and the Restaurant Revitalization Fund as well as private grant and loan programs, consulting through chambers of commerce, and support provided through business incubators and accelerators. These programs have helped them with general business success and growth, access to capital and one-on-one mentoring and guidance.

Activism through entrepreneurship: An Idaho small business owner’s work for change

Caitlin Copple never thought she’d become a small business owner.  “In college, I wasn’t a business major and didn’t take a single business class,” she said. “I was into activism and making the world a better place. But I’ve learned that if you start your own business, you have the freedom to do it differently than how it’s been done before even if there are not a ton of role models out there. One reason why I try to be visible as a queer single mom is because that was never an example of what a business owner could be.” 

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Small Business Majority network members participate in roundtables with the White House National Economic Council

Over the past few months, Small Business Majority network members participated in roundtable discussions with the White House National Economic Council. Small business owners from across the country had the opportunity to voice their top concerns, share their experience with federal small business programs and suggest issues they would like the federal government to address. As small businesses continue to navigate an ever-complex economy these roundtables helped the Biden-Harris administration better understand the evolving needs of America’s entrepreneurs.

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