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The United States Congress is working to pass a budget that proposes steep cuts to Medicaid and fails to extend tax credits that make healthcare premiums through the Affordable Care Act (ACA) marketplaces more affordable. Without these safeguards, many small business owners and their employees will see their healthcare costs increase, and some could even be left without healthcare coverage. To help you better understand how these changes could hurt your small business, we’ve compiled key information you need to know as you navigate potential changes to healthcare policy this year.
The state of California now requires that all businesses with five or more employees facilitate employee participation in CalSavers if they don’t already have a retirement plan in place. The deadline for eligible employers to register and start facilitating CalSavers is December 31, 2025. If you register and start facilitating by July 31, 2025, you’ll be entered for a chance to win $500.
The Verizon Small Business Digital Ready (VSBDR) program is here to provide support for small businesses looking to stay competitive in the new digital economy. Verizon, in partnership with Local Initiatives Support Corp (LISC), is awarding 50 small businesses with $10,000 Verizon Small Business Digital Ready grants. These grants aim to provide business owners with the necessary finances to launch and grow their businesses.
May is National Asian & Pacific American Heritage Month (APAHM), a time to celebrate the contributions of Asian Americans and Pacific Islanders to American history and culture. To celebrate APAHM and support Asian American and Pacific Islander entrepreneurs, we’ve compiled a list of five business resources to help grow your small business.
The U.S. Small Business Administration recently announced that it is reinstating the Guaranty (Upfront) Fee for all 7(a) loan products. These fees were previously suspended during the previous administration to assist small businesses during the pandemic. For small business owners, this means new fees on all new loans made after March 27, 2025. To assist you in navigating these changes and selecting the appropriate SBA loan product for your financing needs, we have compiled a list of key updates to know about.
April is Financial Literacy Month, a time for you to learn more about the complicated world of finances and how to make more informed financial decisions. To help you improve your business’s financial wellness, we’ve put together five proactive strategies you can use to stay fiscally fit.
As the Trump Administration continues to implement changes to immigration policy, many small business owners are facing challenges in navigating these updates and understanding how they may impact their businesses. To help small employers and immigrant entrepreneurs understand their rights amidst these changes, we’ve compiled a list of guides, legal aid and available resources that can offer support. It’s important to note that this list is for general information only and is not legal advice.
Securing capital and finding business assistance remains challenging for many small businesses today. For Black business owners, the pathway to entrepreneurship and sustaining their business can be even more difficult due to racial and systemic barriers. To celebrate Black History Month and to support Black entrepreneurs at a time when equity initiatives are under attack, we’ve compiled a list of 10 funding and business assistance resources to help grow your small business.
As wildfires continue to spread in Los Angeles, many small businesses face significant challenges in navigating recovery. At Small Business Majority, we remain dedicated to providing resources for small business owners impacted by natural disasters. To help local Los Angeles communities, we've compiled a list of available grants, disaster loans, healthcare resources and other resources that can offer support.