Retirement security

Blog Series: Meet Our Outreach Team - Bianca Blomquist

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. Over the coming months, we’ll be sitting down with members of our Outreach Team to provide an introduction and let small business owners know how our team members can assist them.

This week we are spotlighting Bianca Blomquist, Small Business Majority’s Northern California Outreach Manager.

CalSavers Helps Oakland Coffee Shop Employees Brew Retirement Funds

Kenitra “Keni” Dominguez was determined to expand Red Bay Coffee’s employee benefits when she became the sustainable coffee company’s Director of People and Culture in early 2018.

“Finding good employee benefits takes time, dedication and resources, and before I came to Red Bay, there was no one serving in a dedicated HR or people operations capacity, so I was essentially starting from scratch,” she said.

California Small Business Summit Offered New Resources to Local Entrepreneurs

In 2015, Kristine de la Cruz, owner of Crème Caramel LA and co-owner of Frankie Lucy Bakeshop in Los Angeles, traveled to Washington D.C., to participate in one of Small Business Majority’s policy-focused events. Four years later de la Cruz joined us again–a little closer to home–for the “California Small Business Summit: Building Local Economies” to learn how she can expand her businesses. She wasn’t disappointed.

Healthy Business, Healthy Bottom Line - West Suburban Chicago Toolkit

Introduction: Build your wealth and secure your health

As a small business owner, we know you wear many hats—from running the day-to-day operations of your business, to managing employees, building a brand and much more. And for aspiring entrepreneurs, this can mean juggling a traditional job while navigating the ins and outs of starting a new venture. One thing many entrepreneurs feel unequipped to deal while starting or running a business is how to handle business finances and maintain health. 

2018 Year in Review

We are proud of our work this year serving small businesses and independent entrepreneurs. As we prepare to expand this work in 2019, we’re taking time to reflect on our successes over the last year. 

This was certainly a year of expansion for Small Business Majority. We worked hard to bring new resources to underserved communities and supported new policies that will benefit small business owners. Here are six of our biggest accomplishments in 2018: 

CalSavers Retirement Savings Program: What Small Businesses Need to Know

The CalSavers Retirement Savings Program will be a portable workplace retirement savings program for private sector workers whose employers are unable to offer their employees a way to save for retirement. CalSavers will be run by the state and funded by modest employee contributions, so it involves minimal requirements for employers. Below is an overview of what small businesses need to know about the program.

Washington Small Business Retirement Marketplace: What Small Businesses Need to Know

The Washington Small Business Retirement Marketplace, launching on January 1, 2017, will help bring retirement parity to small businesses that struggle to offer retirement benefits to their employees. In addition to helping small businesses better compete for and retain talented workers, this program will also benefit the nearly 1.5 million Washington workers who do not have access to a retirement plan through their employer. Below is an overview of what small businesses need to know about the program so they can take advantage of it.

Illinois Secure Choice Savings Program

The Illinois Secure Choice Savings Program, signed into law January 2015, will help 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.

Small Businesses Believe Illinois Needs to do More to Help Workers Prepare for Retirement, Support Legislation Doing So

The economy is improving, but Illinois small business owners and their employees are facing another financial hurdle: retirement security. The U.S. currently suffers from a retirement savings gap of more than $6 trillion, and more than 38 million households do not have any retirement savings at all. Illinois small business owners and their workers are no exception.

Opinion Poll: Millennials Identify Student Debt, Retirement Savings as Barriers to Entrepreneurship

Scientific opinion polling found the majority of millennials who own a business or would like to start one at some point say student debt and a lack of retirement savings plan are barriers to entrepreneurship.

In every aspect of building a thriving society and economy—from addressing long-term unemployment to providing high quality jobs—American entrepreneurship represents a pathway to success, particularly among young Americans who struggled to get their foot in the door during the Great Recession...