Small Business News

| Wall Street Journal

“I think the need is definitely out there,” said John Arensmeyer, chief executive of the Small Business Majority, an advocacy group. “I just think it takes time, particularly for people who aren’t well-banked and who aren’t really well-connected to the system, to navigate it,” he added.

| Traders Studio

Grupos como Small Business Majority, Main Street Alliance y Business for a Fair Minage apoyan salarios más altos, lo que creen que aumentará la lealtad de los empleados y elevará la moral en el lugar de trabajo, lo que generará clientes más satisfechos y un mayor gasto de los consumidores.

| Accounting Today

She cited a study from the Small Business Majority, an advocacy group, which surveyed small and minority-owned business owners and found that one out of three said the process of applying for the PPP was challenging due to the calculations and paperwork involved, and nearly one in four said that finding a lender willing to accept their application was challenging.

| La Opinion

La encuesta de Small Business Majority, una organización nacional de pequeños empresarios, indicó que 1 de cada 4 propietarios de pequeñas empresas en general ha obtenido menos financiamiento del que buscaban.

“Ojala y pronto salgamos de esta porque ya me siento ahogada con las deudas”, dijo Gómez. “Ahora trabajo sola y por cita, una persona a la vez”.

| USC Annenberg Media

A national study conducted by the Small Business Majority shows that 41% of Black and Latino-owned businesses will shut down in the next few months if additional aid is not provided. This is especially concerning for vulnerable neighborhoods like South L.A., where nearly 90% of the population is Black or Latino.

| 11 Alive

“That was my first thought when I read it,” admitted business owner Cali Benford. “That's just one more challenge that we're going to be faced with while trying to take care of our clients."

“Well, how do we trust people? I don't know what happens this year when people start using that as an excuse. When we still really don't know,” Bielawski explained. “We're still in the middle of it, in my opinion.”

| B2SMB Institute

We'd like to introduce our Membership to Small Business Majority, a "a national organization that empowers America's diverse entrepreneurs, a network of more than 80,000 small businesses and 1,000 business and community organizations" Their mission? "To advocate for public policy solutions and deliver resources to entrepreneurs that promote equitable small business growth, with a special focus on advancing the smallest businesses and those facing systemic inequalities." The Leadership team tells their story, and details how you can help.

| New York Times

The Covid-19 relief bill passed by the Senate on Saturday, a $1.9 trillion package modeled after a plan by President Biden, includes provisions favored by a range of industry and advocacy groups. Mr. Biden’s plan has also had broad support from the public.

| Forbes

“Since PPP was first launched last year, we have called on Congress and the SBA to ensure the program is reaching small businesses with the greatest need, particularly as too many small businesses owned by people of color and the self-employed were left behind during the first rounds of funding,” said Small Business Majority founder and CEO John Arensmeyer.

| EIN's PressWire

“California is on the pathway to recovery, and this is welcome news for small businesses that are looking forward to reopening safely and effectively,” said Mark Herbert, Managing Director of California for Small Business Majority. “We appreciate recent state-backed measures to provide critical small business assistance with a focus on supporting equitable recovery. Today’s announcement provides another step forward for small businesses, our economy, and all Californians.”