City Council has passed a PTO ordinance that provides greatly expanded paid and sick leave for Chicago employees. The ordinance, however, subjects small businesses to crushing penalties and lawsuits. Many small businesses will also be unable to comply with the mandates of the ordinance by the end of the year. This is an open letter sent to Chicago City Council members asking that amendments be made that protect small businesses and provide a reasonable grace period before the implementation of the ordinance.
Small businesses drive Chicago’s economy and neighborhood businesses create jobs for local residents. We are asking alders to make amendments to the PTO ordinance that provide necessary safeguards to protect Chicago small businesses.
Black And African American Owned Businesses Should Receive Their Fair Share Of State Contracts
Black And African American Owned Businesses Should Receive Their Fair Share Of State Contracts Illinois has failed many Black and African American owned small businesses because they have been unable to procure their fair share of state contracts or receive a fair share of the revenue associated with state contracts. Indeed, the failure of Black…
BIG Legislation for Small Businesses
READ H.B 1860 HERE READ S.B 1982 HERE BIG LEGISLATION FOR SMALL BUSINESSES President Biden has signed The American Rescue Plan Act (H.R 1319) into law. Accordingly, the State of Illinois is expected to receive $7.549 billion in funds to foster recovery from the COVID-19 pandemic. A robust coalition of small business advocates are asking that…
Are You Prepared for a PPP Loan Audit?
Are You Prepared for a PPP Loan Audit? Keeping records related to the PPP funding is two-pronged. First, the organization had to submit the application and supporting records for the PPP application. Second, records must be maintained to prove how those accepted funds were spent to sustain the business or the purpose of the funding.…
