The United Ways of California released “Struggling to Stay Afloat: The Real Cost Measure in California 2018,” a new statewide report on financial challenges for working families.
Archives: Resources
Advancing Minority Small Business Capital Access
Through the Milken Institute and U.S. Small Business Administration (SBA) Partnership for Lending in Underserved Markets (PLUM) initiative, we are learning how to improve collaborative efforts in a given market and around specific capital access solutions. There have been many across-the-board lessons learned through our local pilot programs and national work to date. Some speak to approaches to partnership and coalition-building while others are reflections and recommendations for existing capital and technical service providers.
The Business Case for Racial Equity
This report makes a compelling economic argument for the social justice imperative of racial equity. Beyond an increase in economic output, advancing racial equity can translate into meaningful increases in consumer spending and tax revenues, and decreases in social services spending and health-related costs. For example, in consumer spending alone, closing the racial equity gap in Michigan would generate an additional $1.5 billion in spending on food, $4 billion on housing, $423 million on apparel, $2 billion on automobiles and transportation, and $625 million on entertainment each year. An additional $1.5 billion would be generated in state and local tax revenues.
2017 Employer Firms Credit Survey
The Federal Reserve released “2017 Small Business Credit Survey: Report on Employer Firms.” Learn more about how small business owners nationwide are faring, including their credit needs and challenges. The report examines the results of an annual survey of small business owners nationwide and focuses on small employer firms, businesses with 1-499 full- or part-time employees.
Why Do Businesses Close?
Over the last 25 years, about 7–9 percent of employer firms close every year and a slightly higher share open. These figures have been trending down, illustrating a decline in business turnover.
Access to Markets for Women Entrepreneurs
The goal of this report is to support the council in establishing a knowledge base about women business owners’, leaders’, and entrepreneurs’ access to markets for goods and services. This report represents a high-level situational analysis, exploring major issues and developments affecting women entrepreneurs to inform the NWBC’s framework for defining research priorities and engagement efforts.
Implication of the Tax Bill for Small Businesses
Businesses for Responsible Tax Reform released “The Tax Cuts and Jobs Act; Implications for Small Businesses” that argues that the new tax laws put small businesses at a disadvantage to large businesses.
California Small Business Profile
The Small Business Profiles are an annual portrait of each state’s small businesses. They gather the latest federal data into state-by-state snapshots of small business health and economic activity. Limited economic data is also provided for the U.S. territories.
Building Inclusive Ecosystems
This report examines opportunities to further enhance inclusion and support of current and future women founders in Washington, D.C.’s entrepreneurial ecosystem. Its analysis provides an overview of women-owned businesses both nationally and in Washington, D.C., makes four top-level recommendations with pragmatic strategies for implementation, and highlights existing approaches to inclusive development.
2017 Disaster-Affected Firms Credit Survey
The Federal Reserve Banks of San Francisco, New York, Dallas, and Richmond issued the 2017 Small Business Credit Survey: Report on Disaster-Affected Firms. This is the first in a series of reports this year examining the results of an annual survey of small business owners. 61 percent of affected firms had revenue losses ranging from $1-$25,000, and 35 percent had revenue losses over $25,000.