Illinois Small Business Owner Highlight

Sherry Spellers combined her two passions to create a small business success story: a knack for repurposing old trinkets, with the desire to make women look and feel beautiful.

Her journey as a hairdresser was marked from an early age, when a traumatic incident caused Sherry to lose her hair. “I felt so ugly and ashamed. I knew in that moment that I wanted to help women feel good about themselves, and hair was a great way to do that,” says Sherry.

Illinois Events

Wednesday, June 24, 2026 | 3:00pm ET

Join Small Business Majority and representatives from the U.S. Small Business Administration's independent Office of Advocacy to learn about the functions of the Office of Advocacy and how they can help your business navigate policy stemming from Washington, D.C.

Webinar | National

Illinois Policy

Browse our latest state-based regulatory comments and legislative testimony in this area below, or click the button to view all records.
Friday, January 9, 2026

Illinois is home to more than 1.4 million small businesses, employing 2.4 million people and accounting for 99.6% of all businesses in the state.  They play a significant role in our state economy and workforce. However, national economic uncertainty coupled with an especially fast-changing business landscape has required small businesses to adapt, yet again.

Thursday, July 17, 2025

On July 17, Small Business Majority Senior Fellow Geri Sanchez Aglipay sent a letter to Illinois senators urging them to support SB 1784, legislation that automates the process of sealing criminal records to help our fellow Illinoisans get back to work and strengthen communities.

Monday, May 20, 2024

On May 20, Midwest Director Tasha Brown testified infront of the Illinois House Financial Institutions and Licensensing Committee on behalf of SB 2234, which would enact critical protections for small business borrowers in Illinois that are falling prey to predatory lending practices. 

Tuesday, March 28, 2023

On March 28, Small Business Majority's Illinois Director Tasha Brown testified before the Illinois House Financial Institutions and Licensing Committee on behalf of HB 2234, legislation that would enact critical protections for small business borrowers in Illinois.

Illinois Research

Published:
Thu, 06/11/2026

Research by University of Texas at Austin Lyndon B. Johnson School of Public Affairs graduate students Janet Perez Shensky, John Paul, Andre Cowan and Stephanie Mora, advised by Professor Dilawar Syed, examines how the 2025 U.S. tariff regime affected small businesses in California, Georgia, Illinois and Colorado. Using trade, employment and SBA lending data, the report finds that tariffs and policy uncertainty disproportionately burden small firms, particularly in the agriculture, manufacturing and retail sectors, limiting their ability to invest, hire and grow.

Published:
Wed, 04/03/2024

Small Business Majority’s new poll of Illinois small business owners reveals strong support for legislative solutions that would remove barriers for justice-impacted individuals by making reforms to occupational licensing and debt-based driver’s license suspensions. These politically diverse small business owners believe these measures would enable employers to tap into an underutilized workforce and open up opportunities for entrepreneurship.

Published:
Wed, 01/25/2023

Small businesses in Illinois are still struggling to hire and retain a ready workforce, persistent challenges in the wake of the pandemic.

Illinois Resources

The Illinois Secure Choice Savings Program, signed into law January 2015, helps small businesses that struggle to offer retirement benefits to their employees and provide retirement security to the 2.5 million Illinoisans who do not have access to an employment-based retirement plan. Below is an overview of what small businesses need to know about the program.