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A non-partisan, member driven organization that promotes the success of small business through political advocacy, networking, support services and educational programs.
Small Business Advocacy Council Achieves Success in
Creating New Opportunities for Small Businesses and Jobs
(Chicago, IL- August 12, 2011) Gov. Quinn signed House Bill 3186 into law. This bill sets a goal for all state agencies to award 10% of state contracts to small business and requires them to report annually on whether they have met those goals. This success was achieved through the efforts of the Small Business Advocacy Council, the 501c6 organization that drafted the bill, acquired sponsors and encouraged their growing membership to contact the governor’s office. HB 3186 will create substantial revenue for small business owners and as a result, jobs.
Small businesses totaled 1.1 million in the state in 2008. Of these, 255,769 were employers, and they accounted for 48.4% of private-sector jobs in the state. Small firms made up 98.3% of the state’s employers. This is not a sector to ignore.
“We should all take pride in knowing that at some point in the future, the family of a small business owner will go to dinner to celebrate receiving a contract from the state that they may not have otherwise received. Perhaps another family will be celebrating a new job created because of this legislation. Their lives will be better” states Elliott Richardson, president and founder of SBAC.
“We have a lot of people to thank for this success, including State Representative & Chairman of the House Small Business Committee La Shawn K. Ford for his tenacious support in our efforts,” adds Richardson.
About Small Business Council
By Sylvia Hall
Posted by Sylvia Reports by Sylvia Hall on October 14, 2010
When it comes to health care costs, Roy Berlin is in a quandary. Over the past 10 years, the cost of providing health insurance to his workers has doubled. But as president of the family-owned Berlin Metals in Hammond, Ind., he is determined to pay the majority share of health insurance costs for his 65 employees even though the bill now totals more than the rent for his company’s building. Covered by the same plan, Berlin is deeply troubled by the upward trend.
“All I can tell you is that the way we’re headed right now is unaffordable for people, unaffordable for business and unaffordable for companies,” Berlin said. “I can say that in 10 years that we won’t be able to pay the same plan that we have today.”
Berlin’s story is a refrain heard across the nation as more and more Americans find themselves paying massive bills for basic insurance coverage-- or not able to afford it at all. The number of Americans carrying health insurance decreased in 2009 for the first time since 1987 when the government began tracking health insurance data, according to the U.S. Census Bureau.
The struggle to pay health-related bills will likely get harder before it gets easier, if the projections from the Lincolnshire-based benefit consulting firm Hewitt Associates LLC, come to pass. The firm estimates health insurance premiums will rise by nearly 9 percent in 2011, in a trend Hewitt analysts expect to continue for several years.
Insurance companies say the solution to the problem isn’t easy and doesn’t lie solely in their hands. Scot Roskelley, a representative for health insurance giant Aetna Inc., said insurance costs closely mirror the price of actual care.
By Elliot Richardson
Posted by Ann Dwyer on Crain’s Chicago Business on June 1, 2011
You have likely heard politicians talk about small business being the backbone of society. Between rising health insurance costs, the inability to obtain credit and the other challenges facing small businesses, clearly some calcium is badly needed.
The Illinois Legislature recently passed important legislation that will, for the first time, set a statewide goal of awarding 10% of all state contracts to small businesses. This legislation applies to all state agencies, requiring the heads of these agencies to write and submit compliance plans to their chief procurement officers explaining how they will hit this goal. Annual reports will be submitted to ensure compliance.
Steven Banke, CEO of 3-Points LLC, works with many small business owners on their technology needs. He has seen the struggling economy impact his clients’ growth and the effect this has had on his local community. Mr. Banke says, “HB 3186 is a good first-step in ensuring that our state's goals are aligned with the needs of our small businesses. For small business, keeping our tax dollars within Illinois's economy, and in the small business community, is vital to our success and survival.” These sentiments are echoed by small-business owner and registered adviser Mike Cavanaugh, who believes we must “put the money back in the hands of small business and watch job creation and innovation flourish. An investment in small businesses will pay big rewards.”
By Kevin McKeough
Posted on Chicago Business powered by Crain’s on March 21, 2011
In 1999, Ron Cowgill was paying $9,643 a year for health benefits for the six people working at his Glenview home-remodeling business, D/R Services Unlimited Inc., plus two children. By 2010, the insurance was covering five people and one child, but his costs had risen to $78,000, in large part because two employees had serious medical problems.
Unable to find less expensive coverage, Mr. Cowgill eliminated the health benefit. The move helped him stay in business despite a drop in revenue to $800,000 last year from $2.4 million in 2009. It also allowed the two employees with problematic medical histories to enroll in the Illinois Comprehensive Health Insurance Plan, a state program for people with pre-existing medical conditions that isn't available to those with employer-provided health benefits.
“Just dropping the two people with pre-existing conditions would have lowered our premium, but I couldn't do it,” Mr. Cowgill says. “Before I canceled it, I researched it and made sure they had a place to go.”
Even for small businesses with healthy employees, the cost of health benefits has been a major hurdle. On average, businesses with 200 or fewer employees pay 18% more for the same health insurance than larger employers, according to the University of Chicago's National Opinion Research Center.
In 2008, monthly small-group health insurance premiums in Illinois averaged $393 for individuals and $1,035 for a family, according to a study by America's Health Insurance Plans, a national association in Washington, D.C. Those costs in part reflect consolidation in the market: Six insurers provide nearly 85% of the health insurance in the state, according to Michael McRaith, director of the Illinois Department of Insurance.
By Karen May
Posted on TribLocal Glencoe on April 18th
State Rep. Karen May (D-Highland Park) welcomed members of the Small Business Advocacy Council to Springfield on Tuesday.
The Small Business Advocacy Council located in Northfield works with businesses and employees to advocate on their behalf to legislators both at the state and federal level. The organization was in Springfield in part to work on behalf of May’s Health Care Cooperative legislation, House Bill 3236, which May recently passed out of the House by a vote of 100-5 and it is working its way through the Senate.
This Article was posted by TribLocal Glencoe on April 18th For the original post visit: http://triblocal.com/glencoe/community/stories/2011/04/may-and-small-bus...