Mary Overbey didn’t realize just how many resources and professionals were available to small business owners when she and her husband, Eric, decided to turn their side jobs into a full-time business. Now as the Missouri outreach manager for the national organization Small Business Majority (smallbusinessmajority.org, 417-872-9924), Overbey helps entrepreneurs who are just starting out get their companies up and running.
How the Small Business Majority Can Help Your Startup
Paid family leave begins in New York
New Yorkers gained a new safety net on Jan. 1. The state’s new paid family leave law is among the most generous in the nation, allowing job-protected time off to bond with a new child, care for sick family members or pitch in when a loved one in the military is deployed.
Erik Rettig, the northeast/mid-Atlantic director of the Small Business Majority, said the law will be beneficial to small businesses. “Many small employers want to offer paid leave benefits to their employees, but simply don’t have the resources to do so,” Rettig said in a statement. Small business owners support...
The only people getting an early Christmas present because of this tax plan are wealthy corporations, not small business owners like me. The tax plan was supposed to make the system easier but it will only make filing my taxes more confusing.
Tax bill won't boost small firms
As a CPA and small business owner, I know first-hand how bad the tax bill will be for small businesses. Despite promises to provide a boost to small businesses and the middle class, their proposals will instead benefit large corporations and the wealthy.
How does the GOP tax overhaul impact small businesses?
The NSBA did not support the GOP tax plan at first, but after much internal discussion and analysis finally came around, according to spokesperson Molly Day.
That point is a sore one for John Arensmeyer, founder and CEO of Small Business Majority, a network of 55,000 small business owners. "The major focus of the legislation is to slash corporate tax rates from 35 percent to 21 percent, even though only 5 percent of small businesses pay corporate taxes," according to a statement by Arensmeyer.
Governor Cuomo Announces Launch of Nation’s Most Comprehensive Paid Family Leave Policy
Governor Andrew M. Cuomo today announced the launch of the nation's strongest, most progressive and most comprehensive Paid Family Leave policy. Starting January 1, 2018, New Yorkers will have job-protected paid time off to bond with a new child, care for a loved one with a serious health condition or help relieve family pressures when a loved one is called to active military service abroad.
Erik Rettig, Northeast/Mid-Atlantic Director, Small Business Majority, said, "New York's paid family leave insurance program will provide a big benefit to small businesses. Many...
As a small business owner, I'm extremely disappointed by the tax plans being discussed by the U.S. House and Senate this week. Despite promises to provide a boost to small businesses and the middle class, the proposals aren't actually focused on helping small businesses and certainly won't make the tax system more fair or streamlined.
Chicago Small Businesses Need Better Lending Options
We are excited to launch SimpleGrowth— a new online lending tool that connects trusted Chicagoland lending partners to neighborhood businesses. SimpleGrowth’s lenders, which include Accion, Local Initiatives Support Corporation (LISC) Small Business and the Women’s Business Development Center, are committed to fair lending practices and to growing small businesses across all of Chicago’s 77 neighborhoods.
Why the GOP tax plan won't help small businesses
The president of the National Federation of Independent Business says small businesses are feeling very optimistic right now, in large part because of the GOP's planned tax overhaul. However, John Arensmeyer — CEO of the Small Business Majority — stopped by to explain why not all of them are happy.
Letter: Most small businesses won't benefit from current tax bill
Tax-reform plans won’t help most small businesses. As a small business owner, I’m extremely disappointed by the House and Senate’s plans to drastically alter the tax code. Despite promises to provide a boost to small businesses and the middle class, their proposals will instead benefit large corporations and the wealthy.
From dread to optimism: Employers' mixed reaction to mandatory paid leave
Frank Kerbein's phone has been ringing off the hook. As director of the Center for Human Resources at the Business Council of New York State, he's been hearing from business owners concerned about a sweeping state law that starts Jan. 1. It mandates partially paid leave of up to 12 weeks for workers caring for a new child or helping out when a family member is sick or on active military duty—and protects their job and health benefits.
"It takes the burden off small employers so they can use the resources they would have paid employees [on leave] to hire someone else,...
Tax Bill won’t boost small firms
As a CPA and small business owner, I know first – hand how bad the tax bill will be for small business. Despite promises to provide a boost to small business and the middle class, they proposals will instead benefit large corporations and the wealthy.
Government shutdown averted — for now. Here's why small business owners are keeping watch.
As Forbes reported, small business loan approval rates at big banks dropped by nearly 20 percent between September 2013 and October 2013, going from 17.3 percent to 14.3 percent. Loan approval rates at small banks fell from 50 percent to 44.3 percent. That put many small business owners in the position of having to pay for bills out of pocket, said John Arensmeyer, founder and CEO of advocacy organization Small Business Majority.
“Many businesses are extremely dependent on SBA loan programs,” Arensmeyer said. “A lot of it is timing. If you’re a business owner trying to open a new...
4 red flags in the GOP tax bills
The House bill proposes a complicated rule with an alternate workaround that would govern how much a business owner's income must be taxed as compensation, and how much can be taxed at the lower proposed business rate.
"The House bill is incredibly complex. They talk about making it simpler. But it's crazy complex," said John Arensmeyer, founder of the Small Business Majority, an advocacy group.
ENEWS: ‘Tis the Season, for Supporting Equitable Growth!
Quote of the Week— "This proposal (U.S. House tax bill) would primarily help wealthy individuals rather than small businesses" ––John Arensmeyer, CEO of the Small Business Majority.
Tax Reform Could Harm Small Business, Advocates Contend
The rewritten Senate plan now increases the deduction for income of qualifying pass-through businesses from 17.4 to 23 percent, according to the Tax Foundation. Despite this, Small Business Majority Founder & CEO John Arensmeyer stressed in a statement that the tax reform bill overlooks the needs of small businesses. “Under this plan, the vast majority of the pass-through tax cuts will go to the wealthiest 2.6 percent of enterprises, not to Main Street small businesses. Meanwhile, small employers will be saddled with a $1.5 trillion hit to the deficit and an uneven playing field that...
Opinion: Letter to the Editor: Healthcare Options
There is a lot of confusion and misinformation right now about the future of the Affordable Care Act (ACA) and open enrollment for purchasing healthcare through Healthcare.gov. Many solo entrepreneurs and small business employees rely on the ACA marketplaces for their health insurance, so it’s crucial that small business owners learn about their options and get covered early.
Business Organization to Host Women’s Entrepreneurship Seminar
If you are a woman who owns a small business based in Chicago, here’s good news. The Small Business Majority, in conjunction with Accion, will present a free seminar aspiring entrepreneurs and women who own small businesses.
The event, which takes place Tuesday in Chicago, includes an “interactive presentation and discussion with experts as well as local business owners,” according to a press release sent to EBONY.
Geri Aglipay with Shalom Klein on Get Down To Business
Geri Aglipay and Dr. Mitch Weisberg joined Shalom Klein on his weekly radio show, Get Down To Business, to discuss Small Business Majority and SimpleGrowth.
Tax cuts will be ‘plowed right back into’ small business: SBA’s Linda McMahon
John Arensmeyer, founder of the organization Small Business Majority told Varney on Wednesday, “This isn’t about partisan politics, it’s about doing what is best for small businesses and right now the way the law is written is that the vast majority of the benefits are going to go to hedge funds, real estate investment trusts (REITs), and others at the very top end of the income spectrum while very little is going to go to Main Street small businesses,” Arensmeyer said on “Varney & Co.”