To help prevent and combat money laundering, tax fraud and other financial crimes, a recent bipartisan law requires many companies and small businesses to report beneficial ownership information (BOI) to the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN).
North Carolina Small Business Owner Highlight
Sisters Lakila Bowden and Kamille Richardson are reframing disability and disproving myths that providing accommodations for differently abled employees is expensive and burdensome to businesses through their consulting company, iSee Technologies.
North Carolina Events
Small business owners often don’t have the resources or legal expertise to fend off the anti-competitive tactics found in concentrated industries.
Since its inception more than 70 years ago, the U.S. Small Business Administration (SBA) has helped millions of small businesses across the country access the capital and resources needed to thrive and grow.
North Carolina Research
While small businesses employ nearly half (46.4%) of the private workforce in the United States, many are struggling to hire and retain a ready workforce. Our poll of Colorado, Georgia, Illinois, North Carolina, Tennessee, and Texas small business owners reveals strong support for legislative solutions that would remove barriers for justice-impacted individuals by making reforms to occupational licensing and debt-based driver’s license suspensions. These politically diverse small business owners believe these measures would enable employers to tap into an underutilized workforce and open up opportunities for entrepreneurship.
Small Business Majority’s new poll of North Carolina small business owners reveals strong support for legislative solutions that would remove barriers for justice-impacted individuals by making reforms to occupational licensing and debt-based driver’s license suspensions. These politically diverse small business owners believe these measures would enable employers to tap into an underutilized workforce and open up opportunities for entrepreneurship.
Small businesses in North Carolina are still struggling to hire and retain a ready workforce, persistent challenges in the wake of the pandemic.