This National Small Business Week has been an important time to reflect on the challenges small businesses have endured over the past year. In order to highlight the current state of small business, we spoke with six entrepreneurs from across the country about their experiences running businesses throughout the pandemic. You can read all about their perseverance below.
Small Business Majority welcomes the opportunity to comment on the advanced notice of proposed rulemaking issued by the Treasury Department’s Financial Crimes Enforcement Network (FinCEN), titled “Beneficial Ownership Information Reporting Requirements," regarding the implementation of the recently enacted Corporate Transparency Act of 2020 (CTA). An anti-money laundering measure, the CTA requires FinCEN to establish a secure, private database to which U.S. companies submit basic identifying information of their true, “beneficial” owners.
Today, John Arensmeyer submitted a letter to congressional House and Senate leadership outlining the key provisions in the American Families Plan that would support small businesses. Additionally, the letter provides recommendations for how to structure tax reforms to ensure they level the playing field for small businesses.
Founder and CEO, John Arensmeyer, submitted a letter to Senate leadership urging for the swift confirmation of President Biden's nominee for Deputy Secretary of the Department of Commerce, Don Graves.
Sayuri Tsuchitani is the owner and operator of Headspa EN, in Los Angeles, CA. Small Business Majority submitted Tsuchitani's testimony to the House of Reprsentatives Committee on Small Business on how to harness the power of Immigrant-Owned Businesses.
During April’s National Financial Literacy Month, we spoke with small business owners around the country about the challenges they’ve faced during the last year of business turmoil and how they’ve pivoted their businesses to stay afloat during the pandemic. These business owners have weathered many untenable challenges and are sharing their lessons learned and some best practices other small businesses can follow during this difficult time. Read on to learn about some of the key steps they took to overcome the challenges brought on by the pandemic.
Today, Small Business Majority, Main Street Alliance, and over 1,300 small business owners submitted a letter calling on Congress to immediately provide unrestricted grant funding to America's small businesses.
As a leading representative of America’s 30 million small businesses, we offer the following recommendations on what small businesses are hoping to hear in President Biden's remarks when he addresses Congress on Wednesday, April 28.
Across the country, more Americans are being vaccinated every day and many are ready and eager to “get back to normal.” At the same time, consumer demand is still down as parts of the country grapple with a new wave of COVID-19 cases and continued public health orders, and nearly 10 million Americans remain out of work.
Today, Founder and CEO John Arensmeyer submitted a letter of support for the bipartisan PPP Flexibility for Farmers, Ranchers, and the Self-Employed Act introduced by Senators Cardin, Lankford, Collins, King, Baldwin, Portman, and Marshall. We urge Congress to immediately pass this measure, which would allow small businesses to apply for increased PPP benefits retroactively in order to take advantage of new PPP loan calculations for the self-employed.
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