National

2024 Policy Priorities

: 2024 Policy Priorities

Executive summary

The Agenda for America’s Entrepreneurs sets forth policies that empower America's diverse entrepreneurs to build a thriving and equitable economy. Spanning across three key pillars that underpin our work, we advocate for policies that increase equitable access to capital, foster a sustainable workforce and promote a level playing field for entrepreneurs. If implemented these policies would ensure the growth of a robust small business ecosystem, reduce barriers and expand access to the American dream.  

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Digital transformation: Small businesses face obstacles, opportunities in growing their online presence

Publisher: 
Small Business Majority
English
Date: 
Wednesday, May 24, 2023

The COVID-19 pandemic completely altered consumer behavior and how entrepreneurs operate their businesses in order to successfully reach customers. In an increasingly online world, understanding how businesses build their digital presence and connect with and sell to customers is more important than ever.

In our latest survey on small business digital transformation in the wake of the pandemic, we explored various opportunities, challenges and concerns surrounding small businesses’ website, social media, digital marketing and e-commerce efforts. Underpinning this analysis are economic conditions that are weighing on small businesses in a challenging climate. Although they are largely optimistic, 60% of small businesses report that expenses have increased over the previous three months while revenues and headcount have largely remained flat. 

Small businesses share concerns with recent banking closures, access to capital challenges

Publisher: 
Small Business Majority
English
Date: 
Wednesday, May 3, 2023

As recent banking closures like the Silicon Valley Bank collapse shake the financial system, Small Business Majority surveyed small business owners and decision-makers around the country to understand their concerns about banking and access to credit.

Clean Slate reforms as a solution to workforce challenges

Publisher: 
Small Business Majority
English
Date: 
Monday, May 1, 2023

Clean Slate has many implications on the small business community, which is why it’s critical that policymakers understand their views on this issue. To support this effort, Chesapeake Beach Consulting conducted two focus group discussions with small business owners on behalf of Small Business Majority. This report reveals a demonstrated need for further education and engagement around Clean Slate and criminal justice reforms, and how small businesses and the communities they serve may benefit from these policies.

Small business owners support banning non-compete agreements

Non-compete agreements are an obstacle to entrepreneurship, create a non-level playing field and stop employees from using their skills. They are not only a barrier to entry for entrepreneurs, but they also prevent small businesses from hiring the most diverse, qualified and skilled talent. In January, the Federal Trade Commission (FTC) proposed a rule to ban non-compete agreements and sought input from the public.

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Hundreds of small businesses call on FTC to ban non-compete agreements

More than 400 small business owners and business organizations signed on to our letter urging the Federal Trade Commission to enact its proposed rule to ban non-compete agreements. Non-compete agreements are a significant impediment to entrepreneurship, create a non-level playing field and impede the ability of employees to maximize their skills.

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Small Business Majority Founder and CEO Submits Written Testimony Ahead of House Small Business Committee Hearing

Today, Founder and CEO, John Arensmeyer, submitted written testimony for the House Small Business Committee's "Paying Their Fair Share" hearing, which will occur on April 18th. The testimony outlines tax policy changes and provisions that would help level the playing field for small businesses. 

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Small business community urges FTC to ban non-compete agreements

As of April 13, more than 400 small business owners and small business organizations have signed onto a letter urging the Federal Trade Commission (FTC) to enact its proposed rule to ban non-compete agreements. On April 19, lead partner organizations Small Business Majority, American Sustainable Business Network, Main Street Alliance, Pacific Community Ventures, and Right to Start will submit a final letter to the FTC in response to its comment period.

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