Small Business News

| CNN

“We are not passing everything on to our customers, but there will be an increase in prices…We are trying to be strategic,” said OMSutra founder & CEO Jyoti Jaiswal.

| Penn Live

According to the Small Business Majority, about 53% of small businesses are concerned about tariffs negatively impacting their business, while 77% are concerned about the potential impacts on the U.S. economy.

| The Business Journals

CDFIs make up about 30% of the lenders participating in the SSBCI and make up 63% of all credit transactions under the SSBCI program, according to the Small Business Majority.

| Politico

The Small Business Majority released Wednesday findings from a poll of 191 of their members’ sentiments over the past three months, Katherine Hapgood reports. The majority of those polled said their business’s revenue has decreased, almost half said higher supply and inventory costs and financing difficulties were major challenges. About 60 percent said they strongly opposed efforts by Trump and the Department of Government Efficiency to curtail government spending.

| U.S. Senate Committee on Small Business and Entrepreneurship

“We strongly believe that just because someone has a criminal record doesn't mean they should automatically be prohibited from realizing the American Dream," said Small Business Majority Founder & CEO John Arensmeyer. "That's why we're pleased Sen. Markey has reintroduced the New Start Act to help support justice-impacted individuals looking to launch their own businesses.

| The Sum & Substance

Samantha Allbritton, a health-insurance broker connected to the group Small Business Majority, recently said in an interview that the pending death of HB 1174 must force legislators to think of other ways to limit small employers’ healthcare costs at a time when many are dropping health-insurance coverage for workers due to costs.

| CNN

While businesses of all sizes are impacted by tariffs, smaller operations — like Retuned Jewelry — are more exposed, according to John Arensmeyer, founder and CEO of Small Business Majority, an advocacy group that represents a network of 85,000 small businesses. Arensmeyer said small businesses usually don’t have the cash reserves to ride out unexpected price hikes.

| Florida Record

Simon Brown, spokesman for the advocacy group Small Business Majority, said the China tariffs are causing anxiety among many small businesses such as Ley’s. “Most small businesses operate on thin margins to begin with, so even a slight increase in operating costs can put a small business in the red,” Brown told the Florida Record in an email. “Since many small businesses cannot afford to absorb the cost of tariffs that are even 10%, some small companies will inevitably have to make the difficult decision to pass cost increases on to their customers.”

| Radio Bilingüe

As Trump's tariffs and trade war against other nations continue to rage, economists fear far-reaching effects on low-income people in the United States. They predict that the poor and working-class people who already struggle to make ends meet because of higher prices will be hurt the most. What are the prospects for the economy in these communities? Also, should retirees be concerned about their retirement funds at a time when markets are going through tariff turbulence?

| 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.

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