Small Business Majority is enacting a comprehensive state policy agenda to ensure entrepreneurship is recognized as the lifeforce of a thriving and inclusive economy in California. Our state’s 4.1 million small businesses employ 7.5 million people, which amounts to nearly half of the private workforce.
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.
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.
Virginia is home to more than 800,000 small businesses, employing 1.6 million people and accounting for 99.5% of all businesses in Virginia. Small Business Majority has created a comprehensive state policy agenda to ensure small business ownership and entrepreneurship are at the center of a robust, equitable, and competitive economy for the Commonwealth.
On August 8, Small Business Majority Founder and CEO John Arensmeyer submitted written testimony to the U.S. Senate Committee on Banking, Housing, and Urban Affairs Subcommittee on Economic Policy outlining how non-compete agreements hinder small business development and growth.
On June 11, Small Business Majority and Evan Starr, economist and Associate Professor of Management and Organization at the University of Maryland’s Robert M. Smith School of Business, filed an Amicus Brief in a case before the U.S. District Court for the Eastern District of Pennsylvania in support of the Federal Trade Commission’s (FTC) rule to ban non-compete agreements. On July 23, the court ultimately declined to block the FTC’s ban, citing that the FTC does in fact have authority to issue the rule.
On July 26, Small Business Majority and Evan Starr, economist and Associate Professor of Management and Organization at the University of Maryland’s Robert M. Smith School of Business, filed an Amicus Brief in a case before the U.S. District Court for the Middle District of Florida in support of the Federal Trade Commission’s (FTC) rule to ban non-compete agreements.
On July 17, Small Business Majority submitted comments in response to the U.S. Drug Enforcement Agency’s proposed rule to reschedule marijuana under the Controlled Substances Act. Due to current restrictions, cannabis businesses, the majority of which are small businesses, are unable to access key tax deductions, government-backed financing, and additional small business resources to help support their enterprises.
Danny Caine never thought his job at a small bookshop in a college town would lead him down a path of entrepreneurship and antitrust advocacy. However, the community the previous owner of Raven Book Store in Lawrence, Kan. fostered really resonated with Danny who feels as though the bookstore is a vehicle for positive change and community enrichment. In 2017, he was able to purchase the shop through a seller-financed loan.
On June 12, Small Business Majority Founder and CEO John Arensmeyer submitted written testimony to the Senate Judiciary Committee’s Subcommittee on Competition Policy, Antitrust, and Consumer Rights outlining the importance of competition in today’s economy and how rising rates of concentration have disproportionately impacted small businesses ability to compete with their larger counterparts.
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