Financial planning is important for small business owners and women in particular, because we are the ones who have traditionally been expected to make professional sacrifices in order to care for our loved ones.
Small Business News
Small business advocacy group Small Business Majority has highlighted several benefits of group insurance for employees and employers.
Small business owners want paid leave. They do not have the resources to offer robust benefits, like paid family and medical leave, which puts them at a competitive disadvantage when it comes to attracting and retaining employees.
When Kenitra Dominguez joined Red Bay Coffee last year as director of people and culture, she wanted to start a retirement plan for the small Oakland roastery. “When I started talking to vendors, the process — especially when you are a team of one — seemed daunting at first,” she said.
SoulNia has similarly woven the identity of its founders into its restaurant
business. Tess Hurlburt and Kamiya Willoughby, a couple, created their healthy
soul-food concept based on Willoughby’s family recipes and Hurlburt’s passion
Daniela Velez is co-owner of Innovated Lab Designs, Inc., in Beverly, New Jersey. She is also part of Small Business Majority’s network of 58,000 small business owners.
Alma Beltran, a small-business owner in Chula Vista, Calif., doesn’t have health insurance, and neither do her husband and 17-year-old daughter.
Mark Herbert, California director for the Small Business Majority, a policy group promoting small-business growth, says that could be a game-changer.
A study from Small Business Majority found that 79% of women small business owners agree that access to reproductive health care is important to women’s financial well-being, and more than 6 in 10 women entrepreneurs of color say their ability to decide if and when to have children has impacted t
Even companies that have good service can be forced to contend with their customers' poor connections. John Royster owns a design firm, Big Muddy Workshop, in Omaha, Nebraska, located near military installations whose presence guarantees excellent internet and cellphone service in the area.