Local and State Laws Affecting Home-Based Businesses
Colorado Small Business Owner Highlight
For many small businesses, addressing HR, legal and compliance needs can be a challenge. Many lack the resources to hire a full-time HR professional who can draft employee policies and handbooks, design HR strategies that help move the company forward or secure legal services for HR-related necessities – like employment contracts or separation agreements.
Accessing Capital for Home-Based Businesses
Promoting and Marketing Home-Based Businesses
Colorado Outreach Manager Hunter Railey testified in support of legislation that would create a paid family medical leave program in Colorado. The hearing was called by the Colorado Senate State, Veterans, & Military Affairs Committee. Hunter's testimony explained how the proposed bill, the FAMLI Act, will benefit small businesses by lowering turnover, boosting productivty and enhancing employee morale.
Chia Basinger, owner of the Sweet Action Ice Cream shop in Denver, CO, testified before the state's Senate State, Veterans, & Military Affairs committee in support of Family Medical Leave Insurance Program (HB17-1001), or FAMLI Act. The bill would provide employees in Colorado with up to 12 weeks of paid leave per year after the birth of a child, to take time off for a personal injury or to care for a seriously ill family member.
Kelli Riley, owner of Riley Law, LLC, submitted written testimony in support of legislation pending in Colorado that would create a Secure Choice Retirement Savings Program. Ms. Riley's testimony discussed how difficult it is for small businesses to compete with the benefits packages of larger employers, and how a Secure Choice program in Colorado could help her company compete for top talent.
Small Business Majority Colorado Outreach Manager Hunter Railey testified in support of legislation that would create a Secure Choice Retirement Savings Program. Such a program would allow small business owners and employees to have access to a publicly-adminstered retirement savings program without encumbering the adminstrative and cost burdens of such programs.
On December 15, Small Business Majority released a new scientific opinion poll that found a majority of Colorado small businesses believe business owners should not be allowed to deny services to LGBT individuals based on the owner’s religious beliefs, including for wedding-related services.
Colorado small business owners soundly reject efforts to increase the interest rates lenders can charge on certain consumer loans, and the results of a new Small Business Majority poll of state small business owners strongly suggest state legislators who support such increases would pay the price at the election booth. According to the scientific poll, an overwhelming 90% oppose allowing lenders to increase the interest they can charge on a $3,000 consumer loan from 28% a year to 30% a year and allow increases based on inflation for each subsequent year.
Small businesses account for a significant share of Colorado’s economy. For every one large business in Colorado, there are 179 small businesses diligently working to reenergize the state’s economy: Small firms make up 99% of the state’s employers. These entrepreneurs are doing everything they can to hire, grow and move their businesses and the state’s economy forward. As part of these efforts, recent scientific opinion polling shows that Colorado’s entrepreneurs want pragmatic, innovative policies that help guide them into a competitive, modern clean energy economy.