Small Business Majority has created a comprehensive state policy agenda to ensure entrepreneurship is at the center of a thriving and inclusive economy in Georgia. The state’s 1 million small businesses comprise 99.6% of all businesses in the state, and they employ 1.6 million residents—nearly half of all Georgia employees.
Entrepreneurship has been a way for many Americans to avoid unemployment throughout the pandemic. So, when Michelle Youngblood’s corporate office shut down with a round of layoffs, she realized this was the push she needed to launch her own brand, Brooklynn & Blake.
Small Business Majority wrote to the Georgia Senate Finance Committee to request that language establishing a state earned income tax credit (EITC) be added to HB 593, the Tax Relief Act of 2021. This would put money directly in the pockets of small business owners and stimulate local economies.
Small Business Majority submitted a letter to the Georgia Senate Finance Committee to ask them to remove legislation implementing a CAPCO tax credit program from HB 587, which would provide $150 million worth of tax credits to “certified capital companies.” The CAPCO model is fundamentally flawed and this money would be much better spent directly supporting Georgia's small businesses.
The COVID-19 pandemic has strained Georgia’s economy and public health system, while small businesses across the state continue to face significant financial setbacks that are hampering their recovery. A new survey sheds light on the state of small business in Georgia, as well as their views on policy solutions that can boost their businesses and provide important support to their employees.
Small Business Majority submitted a letter to the Georgia House Committee on Judiciary in support of HB 183 (Rep. Marvin Lim), which would allow small businesses to sue larger businesses for unfair or deceptive practices under the Fair Business Practices Act (FBPA).
On February 10, 2021, Small Business Majority submitted testimony in support of SB 58, which would create a state earned income tax credit (EITC) providing a much-needed boost to the state’s small business community.
On September 16, Small Business Majority submitted a letter to Secretary of U.S. Department of Health and Human Services Alex M. Azar, Secretary of U.S. Department of the Treasury Steven Mnuchin, Administrator of Centers for Medicare & Medicaid Services Seema Verma, and Assistant Secretary for Tax Policy David J. Kautter expressing concern over how Georgia’s Section 1332 waiver could make affordable health care less accessible to Georgia small business owners.
Small Business Majority’s Outreach Team advocates for entrepreneurs on two fronts: It supports policies that would benefit small firms, and it offers workshops and events that help small business owners grow their companies. We have found this work to be even more important during this global health and economic crisis.
This week we are spotlighting Rachel Shanklin, Small Business Majority’s new Georgia Outreach Manager, to let small business owners know how our team members can assist them.
With open enrollment for 2021 now live and U.S. Supreme Court hearings that could determine the future of the Affordable Care Act (ACA) happening this week, healthcare is top of mind for many small business owners. Rich Gordon, a solo-entrepreneur and healthcare agent in Georgia is amongst them.
Rich actually started his business in response to the passing of the ACA. He had worked his entire career in health insurance and was approaching retirement. He saw the ACA as an opportunity to both help people and sustain an income in his retirement.