Small Business News

| The Business Journals

A survey by Small Business Majority in August found small-business owners are open to an overhaul of the tax system, with 82% saying they believe it favors large corporations, and roughly 75% saying the wealthy and large corporations don’t pay their fair share in taxes.

| Associated Press

Dwayne Thomas, owner of events lighting company Greenlight Creative in Portland, Oregon, got a roughly $500,000 EIDL loan in 2020, when all events shut down, crippling his businesses... But, at 64, his plan to sell his business in a few years and retire has been scuttled, since the 30-year loan has left his business saddled with debt, even though otherwise it’s a healthy business that turns a profit.

| Colorado Sun

That means duCharme’s payroll expenses for her nine, primarily part-time employees have also risen; most are currently earning around $20 per hour, including tips. Early in her tenure as a business owner, she advocated for raising the minimum wage and received a lot of pushback from her professional community…For duCharme, helping her employees afford housing and health care is critical to being a responsible business owner.

| Inc.

As the deduction is due to sunset at the end of 2025, new research from Small Business Majority, a small-business advocacy group, shared exclusively with Inc. shows that most small-business owners want the deduction to stick around in some capacity. Fifty-three percent of entrepreneurs who set up sole proprietorships, limited liability corporations, or partnerships would back a fixed $25,000 deduction each year.

| Associated Press

Janna Rodriguez has run her home-based The Innovative Daycare Corp. in Freeport, New York, since 2018. When she first signed her lease, she paid $3,500… Last year, the landlord raised her rent to $4,100, plus the additional expenses.

| The Business Journals

In a Small Business Majority survey of business owners who are parents or have employees who are parents, 59% said a lack of access to affordable child care is hindering their business growth.

| ALM Benefits Pro

The bill would give the California attorney general the ability to slow or block efforts by private equity groups and hedge funds to acquire health care facilities, health care providers or provider groups...Two employer groups, the Purchaser Business Group on Health and the Small Business Majority, are supporting the bill.

| Senator Tim Kaine

The Child Care Availability and Affordability Act is endorsed by Northern Virginia Chamber of Commerce (NVC), Save the Children and Small Business Majority.

| The Washington Informer

Venturize.org is a product of Small Business Majority. A new website will aid small business owners, employees or self-employed entrepreneurs by offering educational programs and resources designed to empower.

| Law 360

Small Business Majority Founder and CEO John Arensmeyer in turn has said in a statement that the group has long opposed noncompetes "because they restrict individuals from pursuing opportunities for upward mobility and greater earning power."

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