New Guide Helps Wisconsin Entrepreneurs Understand How Raising the State̢??‰?s Minimum Wage Would Impact their Business, Local Economy

For Immediate Release: 
Tuesday, October 21, 2014

Small Business Majority releases online guide for small business owners outlining efforts underway in Wisconsin to raise the minimum wage and its impact on local small businesses, economy; gives small businesses a chance to send comments to state legislators making their voice heard on the issue

Small Business Majority released an online guide today to help Wisconsin small employers understand how efforts to raise the state̢??‰?s minimum wage would impact their businesses, and the state̢??‰?s economy on the whole. Businesses will be able to use the website to send comments directly to lawmakers to show them how real entrepreneurs feel about this issue.

There are currently campaigns underway to increase the state minimum wage to $10.10 an hour. Research shows a majority of small business owners support raising the federal minimum wage to that level. Small Business Majority̢??‰?s scientific opinion poll shows 57 percent of small business owners support increasing the minimum wage to $10.10 an hour and adjusting it annually to the cost of living. And more than half believe increasing minimum wage will boost consumer demand for small business, helping them grow and hire. Small business support has been picking up steam ̢??‰?? more recent polls show results ranging from????61 percent to two-thirds of small business owners support increasing the minimum wage, and even a poll of all employer sizes, including small businesses, found growing support within the business community for raising the minimum wage.

̢???Raising the minimum wage would give people more money to spend in our community,̢???? said Suzanne Johnson, owner of Red Mug Espresso, Inc in Superior. ̢???This can only help small businesses like mine and the local economy.̢????

Small business owners support raising the minimum wage because they believe paying employees a livable wage is an integral step in boosting the earnings of working families, creating new jobs and spurring economic growth. According to the Public Affairs Council, 68 percent of Americans say they prefer to shop at local small businesses. Raising the minimum wage would not only be good for workers, but it would give hard-working Americans more money to spend at local small businesses, which helps them create jobs and strengthen their local economies.

̢???A vast majority of small businesses already pay their workers more than the minimum wage. Many small employers feel it̢??‰?s the right thing to do,̢???? said Jesse Greenberg, Director of Midwest & West for Small Business Majority. ̢???We also know small business owners' number one concern is consumer demand. This directly tackles the problem by giving consumers the resources they need to shop at local small businesses in the community. It̢??‰?s a win-win for business.̢????

For more information about how minimum wage affects small business, please visit: www.wagefacts-wi.com.

<p><strong>About Small Business Majority</strong><br />
Small Business Majority is a national small business advocacy organization, founded and run by small business owners to focus on solving the biggest problems facing America's 28 million small businesses today. Since 2005, we have actively engaged small business owners and policymakers in support of public policy solutions, and have delivered information and resources to entrepreneurs that promote small business growth and drive a strong, sustainable economy. We are a team of more than 30 working from our 11 offices in Washington, D.C. and 9 states, with a network of more than 45,000 small business owners and more than 2,000 business organizations, along with a formal strategic partnership program of more than 125 business organizations, enabling us to reach more than 500,000 entrepreneurs. Our extensive scientific polling, focus groups and economic research help us educate and inform policymakers, the media and other stakeholders about issues including taxes, healthcare, access to capital, entrepreneurship, workforce development, clean energy and immigration. Learn more about us on our website and follow us on <a href="https://twitter.com/SBM_Media" target="_blank">Twitter</a>, <a href="https://www.facebook.com/SmallBusinessMajority" target="_blank">Facebook</a> and <a href="https://instagram.com/smlbizmajority/" target="_blank">Instagram</a>.</p>