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 4.2 million small businesses employ 7.4 million people, which amounts to nearly half of the private workforce, according to the U.S. Small Business Administration.
Small Business Majority’s Illinois policy agenda outlines policies that advance and promote equitable pathways for entrepreneurship while ensuring small businesses are key to a thriving and inclusive economy. The state’s 1.2 million small businesses employ 2.5 million people (about 45% of the private workforce), with firms of fewer than 20 employees creating the largest net job gains. Yet, Illinois small businesses continue to face setbacks stemming from the COVID-19 pandemic.
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.
Today, John Arensmeyer, Founder and CEO, submitted a comment to the Federal Register on The Department of Justice (DOJ) and the Federal Trade Commission's (FTC) joint 2023 Draft Merger Guidelines. Robust market competition is essential to a thriving small business ecosystem. A level playing field can boost healthy competition between small and large businesses. This promotes more competitive prices and business terms, as small firms are regularly buying from and selling to larger companies.
On August 22, Small Business Majority sent a letter to Senator Tim Scott urging him to co-sponsor the bipartisan Small Business Technological Advancement Act, which would help ensure that America’s small businesses have the cutting-edge digital resources they need to compete domestically and to guarantee they will operate with a global advantage against large competitors.
Small Business Majority submitted an amicus brief before the Delaware Supreme Court in response to a case regarding forfeiture-for-competition clauses (FFCs), which are similar to non-compete agreements. The brief explains how these types of agreements create barriers to entrepreneurship and make it harder for small employers to attract the best talent.
Today, Small Business Majority submitted comments to the Federal Trade Commission (FTC) for their request for information to better understand franchise agreements. The comments explore several areas in which franchise agreements could be more equitable for small business franchisees.
Non-compete agreements are an obstacle to entrepreneurship, create a non-level playing field and stop employees from using their skills. They are not only a barrier to entry for entrepreneurs, but they also prevent small businesses from hiring the most diverse, qualified and skilled talent. In January, the Federal Trade Commission (FTC) proposed a rule to ban non-compete agreements and sought input from the public.