- About Us
- SBAC Events
- Member Benefits
- SBAC BLOG
A non-partisan, member driven organization that promotes the success of small business through political advocacy, networking, support services and educational programs.
Lending to franchisees plunged 36% in 2009. According to the franchise research firm FRANdata, lending to franchisees fell from $11.7 million in 2008 to $7.5 in 2009. This impacts the small business owners that operate franchises and our entire economy.
It looks like there is a bank that is willing to invest in small business and fill this void. Bancorp Bank is that bank. If you own a franchisee or do business with one, please forward this article to them.
The Employment Law Toolkit, authored by Council Member E. Jason Tremblay of Arnstein & Lehr LLP, is a comprehensive resource highlighting the significant employment and labor issues facing Illinois employers in today’s business environment. It focuses on providing practical and cost-effective suggestions on how to avoid employment and labor-related liability and comply with many state and federal laws facing employers.
The SBAC's blog would like to highlight an insightful article on campaign financing and the potential ramifications Citizens United may have on our political system.
Small business owners are busy working and do not have large sums of money to spend attempting to influence politicians. The loosening of campaign finance restrictions makes it that much more important for small business owners, their employees and hard working Americans to rally together so they have a voice in government.
Read the full article on campaign finance reform at http://www.slate.com/id/2249952/
The U.S. Treasury Department is concerned the steady pace of bank failures could keep many small businesses from gaining access to new credit as the economy rebounds and companies seek to expand.
Assistant Treasury Secretary Alan Krueger said small and medium bank failures are disrupting long-standing business relationships that drive lending to small businesses.
Small Business Advocacy Council board member Ron Cowgill will be interviewing council member Corey Stern this Sunday. The interview will air on the Mighty House Radio show after the 10:40 AM break on 92.5, 92.7, 99.9 and 820 AM. Mr. Stern, an attorney, will be providing insight to homeowners on contract issues. Please tune in.
‘Made in U.S.A.’ makes Cozy Coupe a rarity - Made in America
Estimates are that 95 percent of the nearly $23 billion worth of toys sold in America in 2007 were imported, mostly from China. If you have young children, consider purchasing a Little Tikes Cozy Coupe. It is made in Ohio.
Suntimes reports 10 most senior execs of "nonprofit" Blue Cross saw their compensation jump by at least 48 percent last year because of huge bonuses. CEO's comp. went up 62 percent to 8.7 million. Meanwhile, small bus. premiums are spiking and millions remain uninsured. Let's fight for real healthcare and insurance reform.
By ROBB MANDELBAUM
The SBA used to lend directly to small businesses. However, their budget was slashed and they are not directly lending at this time, when small bus. need capital most. Massive amounts of money were spent on the bailouts. It is time for the gov to start working for small business.