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 April 22, Small Business Majority, Main Street Alliance, Multicultural Business Alliance, and the National Employment Law Project sent a letter to the Federal Trade Commission (FTC) in support of the final rule which would ban employers from imposing non-compete agreements on their employees.
On April 15th, Small Business Majority sent a letter to House and Senate Appropriations Committee leadership urging Congress to provide robust funding in Fiscal Year (FY) 2025 for critical federal programs that support small business development and growth.
On April 5, Small Business Majority Founder and CEO John Arensmeyer submitted written testimony to the House Committee on Small Business ahead of their hearing entitled “Tax Day: Exploring the Adverse Effects of High Taxes and a Complex Tax Code.”
On February 26, Small Business Majority submitted written testimony to the U.S. House Committee on Financial Services encouraging the U.S. Department of the Treasury's Financial Crimes Enforcement Network (FinCEN) to prioritize the needs of small businesses during the roll out of the new Beneficial Ownership Information (BOI) reporting requirement, which went into effect on January 1, 2024.
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.
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