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jbunting@smallbusinessmajority.org's blog

Finding Crowdfunding Success with the Support of Community

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.

“Unleashing Potential: Supporting Women’s Entrepreneurship” Launch Event Recap

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.

What Small Businesses Want Most for National Small Business Week 2018

National Small Business Week, which began on Sunday, April 29 and runs through Saturday, May 5, is a time to highlight the role small businesses play in our economy. Small businesses represent 99% of all employer firms and account for half of our nation’s jobs and economic output. Innovation by small businesses spurs growth throughout the entire economy and boosts prosperity in their local communities, and NSBW is an important time to celebrate these contributions.

Revitalizing Chicago’s South Side One Small Business at a Time

A few years ago, Rachel Bernier-Green was looking for an outlet from the stress of her intense job at a multinational accounting firm and discovered a passion for baking. It didn’t take long before friends and family were encouraging her to sell her baked goods to the masses. Rachel founded ‘Laine’s Bake Shop, LLC in 2013 using a shared kitchen space, working on the side to get her business off the ground. After a few years of baking part-time, Rachel decided to finally quit her job and start a bake shop full-time with her husband Jaryd. 

Take Control of Your Financial Future During National Financial Literacy Month

April is often associated with spring cleaning and reorganizing, which means you finally made the time go through that overflowing junk drawer or to organize last year’s financial statements for the tax filing deadline. But when it comes to your finances, you can use this time to do more than just file your tax return documents thanks to the resources provided as part of National Financial Literacy Month.

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How to Close the Funding Gap for Female Entrepreneurs

Throughout Women’s History Month, we celebrate the economic, social and political contributions that women make to our world. Women account for roughly half of the American workforce, attain higher levels of education than men and are an increasing share of primary or solo breadwinners. There is no doubt that for America to thrive, we must promote the economic empowerment of women. Central to women’s economic success is women’s entrepreneurship, which contributes significantly to overall economic growth and prosperity.

Small Business Majority Partners with SmartBiz® to Make it Easier to Find SBA Loans

Small Business Majority has partnered with SmartBiz Loans, an online platform to help small business owners navigate the process of applying for SBA loans. SBA-backed loans are often some of the best options available to small business owners for many reasons, including lower interest rates, longer loan terms and protection against balloon payments.

Why Smart Tech is a Smart Investment to Grow Your Business

As technology evolves, so do the ways businesses can utilize it to help drive results, manage the workplace more effectively, improve customer experience, improve security for retail businesses and reduce the environmental impact of business operations. There are numerous devices and systems available on the market today that business owners can use to benefit their practices and the future of their business. How can they make the best of these and use them to their advantage?

What Small Business Owners Need to Know About 2018 Open Enrollment

Open enrollment to purchase health insurance plans for 2018 through the Affordable Care Act (ACA) individual marketplaces has started and there are some important changes for small business owners to note this year. If you’re a self-employed entrepreneur or have employees who need coverage through Healthcare.gov, check out these key facts about this year’s open enrollment below.