PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

Small Business Insider

June 11th, 2024 by

By Karen Kerrigan – The impact of regulation can be especially insidious for small business. Particularly if regulators “overreach,” act blindly, or do not consider downstream effects. A recent House Small Business Committee report scrutinizes the activity of various federal regulatory agencies that have either ignored their responsibilities to understand those effects, or have erroneously […]

June 4th, 2024 by

by Karen Kerrigan – A range of policy and legislative initiatives are moving through Congress and the regulatory agencies that will impact small businesses – for good and for bad. Here’s the latest roundup, but check back frequently for more! Privacy Legislation Moving in the Wrong Direction: SBE Council joined two coalition letters expressing concern […]

June 3rd, 2024 by

by Karen Kerrigan –  It’s been 24 years since Amazon “opened its doors” to small sellers, which allowed SMBs to use the platform to connect with customers on their marketplace. Currently, 60% of sales on the platform are generated by SMBs. In recent years Amazon has been documenting SMB sales growth and other data through […]

May 31st, 2024 by

By Rieva Lesonsky – Excellent news for the nation’s entrepreneurs! Chain Store Age (CSA) reports that consumers are willing to spend almost $2,000 more this year to help their favorite local businesses thrive, according to a survey from Faire, an online marketplace. The survey reveals that over 65% of Americans shop their local Main Streets at least a few […]

May 28th, 2024 by

By Jack Shaw – People often consider two career pathways — becoming an employee or an entrepreneur. However, your ultimate route to success may entail starting as an independent contractor. According to the Internal Revenue Service (IRS), an independent contractor is synonymous with being self-employed. Still, the reality is usually a hybrid arrangement between a […]

May 22nd, 2024 by

by Raymond J. Keating – A stagnating, skewing-older population, along with diminished labor force participation, are creating problems now, and will continue to do so into the future, for U.S. economy in terms of a tight labor market, and a diminished pool from which entrepreneurs can emerge. That is, unless policies change in a pro-immigration, […]

May 18th, 2024 by

by Raymond J. Keating – It’s hard to make the case that hyper-activism on the part of antitrust regulators in recent times is rooted in any kind of relationship to clear economic thinking or to economic reality. Recently, I listened to Lina Khan, who Chairs the Federal Trade Commission (FTC), and I heard a great […]

May 16th, 2024 by

by Raymond J. Keating – When talking about trade, economists correctly highlight the benefits for consumers from free trade (that is, policies reducing governmental imposed costs on trade), including expanded choice and access to various products, increased competition, and lower prices. Those lower prices also mean that consumers have more dollars to save, invest, and/or […]

May 15th, 2024 by

by Raymond J. Keating –  The old saying about inflation continues to prove true. That is, once it has escaped, it’s hard to stuff the inflation genie back into the bottle. We’re seeing those challenges right now, as the latest Consumer Price Index report from the U.S. Bureau of Labor Statistics shows that inflation persists […]

May 14th, 2024 by

by Raymond J. Keating – Many misguided assumptions continue to swirl in and around political and policy circles about large businesses, especially so-called “Big Tech.” Basic notions about business, consumers and the free enterprise system seem to be forgotten or ignored. For example, that businesses can only gain and keep market share by offering goods […]

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