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California Small Business Owner Highlight
With more than 6.7 million young Americans out of school and unemployed, it’s safe to say that youth unemployment is no small matter. With so many eager and talented young workers ripe for the picking, it’s a waste to turn our backs on our nation’s youth when creating jobs and opportunities for them will bolster our economy.
In particular, small businesses are at a unique advantage in mentoring and training the young workers of today to become the entrepreneurs of tomorrow, and small business owner Zach Davis is dedicated to doing just that.
On Thursday, October 18, join 300 nonprofit leaders from around California for panels and conversations about nonprofits and policy in the new political and social reality.
Join us at this free event to learn from experts in the field of veterans' entrepreneurship about
Are you having trouble obtaining funding for your small business? For entrepreneurs, getting a loan could mean the difference between success and failure, whether it’s used for renovation, purchasing equipment or working capital.
Small Business Majority submitted a letter in support of SB 1235, which would become the first small business truth in lending law in the country. The bill would standardize disclosure of financing terms offered to small businesses to better inform borrowers about the financial implications of their loan offers, and it would serve as a model for other states to follow to better serve their small businesses.
Small Business Majority writes in support of the California Assembly's version of the GO-Biz budget, which would provide an additional $3 million to small business technical assistance providers, including the Minority Business Development Centers, the Women’s Business Centers, the Procurement Technical Assistance Centers and the Veterans Business Outreach Centers. These funds will be used to expand their capacity to provide vital one-on-one counseling and training to businesses and entrepreneurs.
Small Business Majority writes to urge the California Legislature to include funding for healthcare solutions in that will expand access to affordable coverage in the 2018-2019 State Budget. Some of the requests include: extending Medical access to all income-eligible undocumented adults and to consider enacting a California alternative to the ACA's individual mandate to maintain the robustness of the marketplaces.
Small Business Majority writes in support of AB 3148, which would provide additional cost sharing assistance to help those eligible for assistance to better afford their copays and deductibles, which would directly benefit many of California’s small businesses, their employees and self-employed entrepreneurs. AB 3148 would significantly improve affordability for thousands of low- and moderate-income individuals and families, including many entrepreneurs and small business employees, by ensuring that no one is unable to use the insurance they have.
Access to capital is consistently one of the most pressing issues for small business owners. A recent survey conducted by Greenberg Quinlan Rosner Research for Small Business Majority found California small business owners are worried about predatory lending and agree that there should be stronger regulations on online lending. The poll was a national online survey of 500 small business owners with an oversample of 141 California small business owners and conducted between September 29 and October 4, 2017.
A scientific opinion poll released by AARP and Small Business Majority shows a strong majority of California small business owners support the creation of a voluntary, portable retirement savings program that would allow employees to more easily save for their financial future. What's more, small business owners believe offering such a program to their employees would give their business a competitive edge.
Although large employers have been expanding wellness programs in recent years, small businesses have lagged in this endeavor. Since small businesses employ nearly 50% of all private-sector workers, any comprehensive expansion of wellness and prevention efforts must include a role for this large swath of private sector employers.