In support of Small Business Week, Small Business Majority and the Colorado Black Chamber of Commerce, in conjunction with partners the Colorado Enterprise Fund, Accion Colorado and Colorado Lending Source, in
Colorado Small Business Owner Highlight
For many small businesses, addressing HR, legal and compliance needs can be a challenge. Many lack the resources to hire a full-time HR professional who can draft employee policies and handbooks, design HR strategies that help move the company forward or secure legal services for HR-related necessities – like employment contracts or separation agreements.
On December 15, Small Business Majority released a new scientific opinion poll that found a majority of Colorado small businesses believe business owners should not be allowed to deny services to LGBT individuals based on the owner’s religious beliefs, including for wedding-related services.
Colorado small business owners soundly reject efforts to increase the interest rates lenders can charge on certain consumer loans, and the results of a new Small Business Majority poll of state small business owners strongly suggest state legislators who support such increases would pay the price at the election booth. According to the scientific poll, an overwhelming 90% oppose allowing lenders to increase the interest they can charge on a $3,000 consumer loan from 28% a year to 30% a year and allow increases based on inflation for each subsequent year.
Small businesses account for a significant share of Colorado’s economy. For every one large business in Colorado, there are 179 small businesses diligently working to reenergize the state’s economy: Small firms make up 99% of the state’s employers. These entrepreneurs are doing everything they can to hire, grow and move their businesses and the state’s economy forward. As part of these efforts, recent scientific opinion polling shows that Colorado’s entrepreneurs want pragmatic, innovative policies that help guide them into a competitive, modern clean energy economy.