Our Agenda
Mission
Small Business Majority is a national nonprofit organization of business entrepreneurs working to ensure prosperity in the 21st century economy by building a politically aware and active community of small business leaders.
Small Business is the Backbone of the American Economy
- 24.7 million small businesses
- 52% of the private sector workforce (vs. 8% union membership)
- 50%+ of private non-farm GDP
- 75% of all net new jobs
- 14 times more patents per employee than big businesses
- Central to American global competitiveness
- Anchors of our communities
Small Business Fuels the New Economy
With the growth of the Internet and other technological innovations, the increasing inability of large corporations to provide long-term stable employment, and the desire for more and more people to pursue their entrepreneurial passions, small business in the 21st century has been radically transformed. The small business sector is now where critical new technologies, products and services are developed, and where more and more people are choosing to work.
Small Business is Inadequately Represented Politically
Despite the enormous contributions of small business to the growth of the 21st century American economy, the stability of our communities, and our global competitiveness, entrepreneurial values are largely absent from our political debate, and small businesses are woefully ill-represented politically. Republican economic policies are almost entirely big business focused, while Democrats traditionally have ignored small business in favor of other interest groups. The media, academia and major thought leaders exacerbate this problem by focusing primarily on big corporations and other large institutions.
Most major so-called small business advocacy organizations, such as the National Federation of Independent Business and the U.S. Chamber of Commerce, follow a strong ideologically based, outdated, big-business agenda.
The results are that:
- 58% of small business employees do not have health insurance.
- Small businesses pay twice as much in taxes as big businesses.
- Entrepreneurs struggle to obtain the capital necessary to launch and run their ventures.
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The Small Business Administration (SBA) budget has been cut by almost 50% in the past six years.
SBM’s Objectives
- Understand small business needs
- Promote and advance a progressive, pro-small business political agenda to government leaders and the media
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Mobilize a grassroots force of entrepreneurs to create political change
SBM’s Activities
Advance a progressive pro-small business political agenda- Research
- Policy development
- Communications: media outreach, content publishing, development of small business spokespeople, conferences, etc.
Take political action
- State and local chapters
- Support for progressive pro-small business candidates
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Small business services and civic engagement
