Small Business Majority submitted a letter in support of SB 1235, which would become the first small business truth in lending law in the country. The bill would standardize disclosure of financing terms offered to small businesses to better inform borrowers about the financial implications of their loan offers, and it would serve as a model for other states to follow to better serve their small businesses.
Kateri Gutierrez co-founded Collective Avenue Coffee in Lynwood in 2016 with big dreams of what the business could do for her community. As her business has grown, this commitment to community has become the foundation of Collective Avenue Coffee, from it business structure to its mission and even how its funded its growth.
On July 24, Small Business Majority launched its new Women’s Entrepreneurship Program in Los Angeles, a special initiative offering tools and resources for female entrepreneurs to succeed. Women—especially women of color—are one of the fastest-growing segments of our economy, but they continue to be at a disadvantage in critical business indicators. The Women’s Entrepreneurship Program will help local women entrepreneurs gain the resources they need to start and grow their companies. Read on for a recap of our program kick off to learn more about the program.
Small Business Majority recently participated in the 2018 POSiBLE L.A. Entrepreneur Summit, a curated bilingual event dedicated to Angelino entrepreneurs and sponsored by Univision. California Deputy Director and National Hispanic Outreach Manager Xiomara Peña moderated a panel entitled, “La receta del éxito para restaurants” or “The recipe to success in the restaurants industry." This panel explored how business owners in the restaurant industry can secure financing and thrive. The interactive dialogue provided a wealth of knowledge about starting a business in the local restaurant industry. Read on for a recap of this event and to learn more about launching a successful restaurant business.
Armed with a cosmetology license, two bachelor’s degrees and a love for organic hair care, Mariatu “Tu” Browne is on a mission to unlock the natural beauty of every client she encounters. She discovered her passion for hair at the early age of nine while braiding hair for her friends and family in her native home in Sierra Leone.
Small Business Majority writes in support of the California Assembly's version of the GO-Biz budget, which would provide an additional $3 million to small business technical assistance providers, including the Minority Business Development Centers, the Women’s Business Centers, the Procurement Technical Assistance Centers and the Veterans Business Outreach Centers. These funds will be used to expand their capacity to provide vital one-on-one counseling and training to businesses and entrepreneurs.
Elizabeth James has a soft spot for small businesses.
“I understand that the small businesses of this country are not only a place to work, but are the culmination of someone's dreams and aspirations,” she says. Elizabeth’s family owned businesses and she attended University of California’s School of Business, so starting her own company seemed like a no-brainer. After garnering a unique expertise in tax and controller services, Elizabeth decided to open up her own bookkeeping and tax prep firm, Rincon Controller and Tax Services, Inc., in 2012 in Carpinteria, Calif.
Elizabeth says, “I realized that small businesses need the services and guidance that are available to larger companies, but often beyond small business' pocket books. Tax and controller services in particular are typically exclusive corporations, and I wanted to change that.”
Small Business Majority writes a letter in support of California bill AB 2023, which would make the existing Child and Dependent Care Expenses Credit refundable so low- and moderate-income working families can benefit from a tax refund that will help defray the rising costs of child care. This will help put money back in the pockets of working families in the state of California who are struggling to afford the child care they need to participate in the workforce.
Small Business Majority writes in support of California Bill AB 2502, which would require California establish the California Health Care Payments Database. This database would publicize information about healthcare usage, costs and outcomes that would further efforts to improve affordability and quality of existing healthcare options for all Californians, including many entrepreneurs and small business employees.
Small Business Majority writes in support of California Bill AB 2472, which would require Covered California to conduct a feasibility study on whether a public health insurance option is viable in California. Such a plan has the potential to increase competition and choice in healthcare options for Californians. A public option could also make small businesses more competitive when they are seeking to hire talent.