IL Small Businesses, Did you Know....
Did you know that according to the Illinois Small Business Association, a bit over 98% of the businesses within Illinois are Small Businesses? That means statistically, you can probably name most of the larger IL businesses off the top of your head! So, if you approach a store on the street, if you can't name it immediately, chances are it's your local Mom & Pop!
We at Empower strive to find ways to help each and every one of them. Be it via our incredibly successful mentorship program or through simple support and resources, we're here to help!
Check out the resources or maybe join that ever-successful mentoring program? We'll be waiting regardless.
References:
U.S. SMALL BUSINESS ADMINISTRATION OFFICE OF ADVOCACY. (2022). 2022 Small Business Profile.
Occupational Licensing Reform
READ H.B 4012 Why Occupational Licensing Needs Reform Occupational licenses are issued to protect the public’s health, safety and welfare. The number of required licenses in Illinois has grown from a handful in the 1950’s to over 430 today. Policymakers across the political spectrum are challenging states to examine occupational licensing and its impact on…
Recommendation for Legislation on Minority Contracting
Illinois has failed to ensure that Black owned businesses procure their fair share of government contracts and revenue from government projects. Loopholes must be closed and reforms be made now! Read the SBAC’s recommendations for legislation to reform the process. Read the Recommendations here
SBAC and Fifth Third Bank Present: Post Election Commentary by Jeff Korzenik
A Post Election Commentary Presented by: Jeff Korzenik Managing Director, Chief Investment Strategist, Fifth Third Investment Management Group Discussion Points: Post-Election Policy and Market Implications Current State of the U.S. Economy: Differences and Similarities with Past Downturns The Impact of Monetary and Fiscal Intervention Health Risks and Unintended Consequences The Post Pandemic Economy: Disrupted Industries, Disrupted…
