PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

INC: Biden’s Big Plans for Small Business in His First 100 Days

By at 20 January, 2021, 3:18 pm

On his first day in office, President Joe Biden issued a large number of Executive Orders, which follows a $1.9 trillion spending and recovery package proposal he outlined in a speech prior to inauguration. Some of the measures in the package directly impact small businesses, and some perhaps in not so helpful ways, according to SBE Council president & CEO Karen Kerrigan. In this Inc.com interview she notes:

“These new costs, regulations and restrictions could undermine a recovery. Dramatically increasing the minimum wage and imposing other costs would disproportionately burden small businesses.”

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