Fair Competition

Small Business Majority provides comment to FTC on franchise agreements

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.

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2024 Policy Priorities

: 2024 Policy Priorities

Executive summary

The Agenda for America’s Entrepreneurs sets forth policies that empower America's diverse entrepreneurs to build a thriving and equitable economy. Spanning across three key pillars that underpin our work, we advocate for policies that increase equitable access to capital, foster a sustainable workforce and promote a level playing field for entrepreneurs. If implemented these policies would ensure the growth of a robust small business ecosystem, reduce barriers and expand access to the American dream.  

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Small business owners support banning non-compete agreements

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.

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Hundreds of small businesses call on FTC to ban non-compete agreements

More than 400 small business owners and business organizations signed on to our letter urging the Federal Trade Commission to enact its proposed rule to ban non-compete agreements. Non-compete agreements are a significant impediment to entrepreneurship, create a non-level playing field and impede the ability of employees to maximize their skills.

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Small business community urges FTC to ban non-compete agreements

As of April 13, more than 400 small business owners and small business organizations have signed onto a letter urging the Federal Trade Commission (FTC) to enact its proposed rule to ban non-compete agreements. On April 19, lead partner organizations Small Business Majority, American Sustainable Business Network, Main Street Alliance, Pacific Community Ventures, and Right to Start will submit a final letter to the FTC in response to its comment period.

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Opinion Poll: Small business owners support banning non-compete agreements

Publisher: 
Small Business Majority
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Date: 
Thursday, April 13, 2023

A new opinion poll of small business owners nationwide reveals that our nation’s entrepreneurs are being harmed by non-compete agreements, and they strongly support the Federal Trade Commission’s (FTC) proposed rule to ban them in most instances. The poll reveals that nearly 6 in 10 small businesses support the FTC ban.

Small Business Majority testifies in support of Truth in Lending Act protections for small businesses

On March 28, Small Business Majority's Illinois Director Tasha Brown testified before the Illinois House Financial Institutions and Licensing Committee on behalf of HB 2234, legislation that would enact critical protections for small business borrowers in Illinois.

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Small Business Majority and partner organizations in Georgia oppose legislation failing to require APR disclosures

On February 21, Small Business Majority, LISC Atlanta, New Town Macon, the Atlanta Wealth Building Initiative and Albany Community Together, Inc. submitted a letter to the Georgia House Committee on Banks and Banking in opposition to HB 84, legislation that would make Georgia small businesses vulnerable to non-transparent financing providers by failing to require all providers to disclose the annual percentage rate (APR) or estimated APR. 

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Business Organizations Support keeping Non-Compete NPRM Deadline

Today, Small Business Majority, American Independent Business Alliance, American Sustainable Business Network, Main Street Alliance, and Pacific Community Ventures sent a letter to the Federal Trade Commission underscoring the importance of keeping the deadline for the notice of proposed rulemaking aimed at ending non-compete agreements. As leading representatives of America's 32 million small businesses, we understand how detrimental non-compete agreements are to small businesses.

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