Small Business News

| The Denver Post

As the owner of a brokerage firm, I see firsthand how my small business clients have scaled back their health plan offerings due to high costs. I support House Bill 1174 because it would lower health care costs for Colorado small businesses by establishing reimbursement limits for prices paid to certain hospitals through the small group market.

| Inc.

Alexis D’Amato of Small Business Majority, a Washington, DC, based advocacy group with more than 85,000 small businesses in its network, advises business owners to sign up for webinars and alerts from both agencies in case a process for exemptions opens up. “It’s a pretty lengthy process,” she warns…Organizations such as the US Chamber of Commerce, Small Business Majority, and Small Business for America’s Future offer advice for small businesses across sectors. D’Amato also recommends reaching out to the constituent affairs office of your local member of Congress.

| The Business Journals

In a battle for survival, small businesses are at a disadvantage, said John Arensmeyer, founder and CEO of the Small Business Majority, a Washington, D.C.-based advocacy organization for small businesses. "Every business is affected by this but small businesses don't have the flexibility to come up with extra cash to purchase inventory ahead of time or to quickly find other sources," Arensmeyer said.

| Forbes

A recent poll from Small Business Majority indicates that 53% of small business owners are concerned with the current tariff strategy’s impact on their business.

| Crain's Chicago Business

With the federal government signaling that it is no longer interested in helping level the playing field for under-resourced small businesses in Chicago, local small businesses are counting on our city to help them grow and thrive. It’s certainly no easy task, but it is one we are capable of accomplishing. I’ve seen the signs.

| Bloomberg

John Arensmeyer, CEO of Small Business Majority, a nonprofit that represents 85,000 companies, says his group worries about the impact of government-wide cuts to the workforce. He hopes the SBA under Loeffler can sidestep politics and fulfill its mission. “We want it to continue to support businesses that need support the most—if those are defined a certain way by demographics, that’s just the reality,” he says. “We’re not interested in turning this into a DEI fight.”

| Inc.

A spokesperson for Small Business Majority, a business advocacy organization based in Washington D.C., tells Inc. that they “heard from multiple sources that MBDA in DC has only one staffer remaining.” At its full capacity, the agency operated with about 100 employees.

| The Denver Post

HB 1011 would’ve offered protection for small business owners and their employees from the rising costs that may result if a private equity firm acquires their local child care center. I urge our legislators to reintroduce this legislation next year so that child care entrepreneurs can continue to serve their communities, including small businesses.

| The Wall Street Journal

“When they make a decision, they change their mind, and when they change their mind, they change it again,” said Clifton Broumand, whose company, Man & Machine, assembles waterproof keyboards and mice in Maryland, from Asian and domestic components. He is considering moving that assembly to Malaysia to escape some of the tariff burden, but the uncertainty makes it hard to plan.

| Bloomberg

Goldman Sachs Group Inc. economists rescinded their forecast for a US recession after the announcement, but for Mike Roach’s business, “the recession has already started.” The cofounder of Portland, Oregon-based apparel company Paloma Clothing said sales have dropped 11% from a year ago, he’s running three discounts at once and is thinking about pulling back on summer hiring. “By pausing the tariffs today - that’s great for today, the market will go up,” he said. “The reality is, it still leaves us in a very uncertain environment.”

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