Welcome to our Small Business Blog
As Chairman of the Virginia Chamber’s Small Business Committee, I’m pleased to start what we expect to be a great dialog with small business leaders across the Commonwealth. We’ll be discussing everything from workforce development, tax policies, legislation, and other market changes that impact the business environment. In this initial post, I’d like to provide […]
New Survey: Taxmageddon Paralyzes Business Plans
When it comes to taxes and economic growth, the most visible battle cry among businesses is to slash tax rates. Multiple business advocacy organizations and a string of Republican lawmakers say dropping the top federal U.S. corporate rate from 35 percent to 25 percent would boost U.S. companies to hire, invest, and compete globally. For […]
P2P Lending and Crowdfunding – Explore the New Frontier for Small Business Lending
Looking for capital to start or grow your business? Sometimes, even with a solid idea and business plan, finding third party financing can be a challenge for many small business owners. So where are startups and growing businesses finding the funds they need? According to a Kauffman Firm Survey, one-third of young firms do not […]
Small business shuns health care tax credit
NEW YORK (CNNMoney) — A tax credit meant to help millions of small businesses afford health coverage for their employees was claimed by only 170,300 last year, a government watchdog has found. The Government Accountability Office report, made public this week, is the latest to highlight the shortcomings of the tax credit, which has been […]
Warner, Rubio and others roll out startup jobs bill
WASHINGTON, D.C. — In an unlikely alliance, Sen. Mark Warner, D-Va., will today join with tea-party favorite Sen. Marco Rubio, R-Fla., in introducing legislation to build on the Jobs Act signed into law earlier this year. Joined by Sens. Christopher Coons, D-Del., and Jerry Moran, R-Kan., Warner and Rubio are rolling out the Startup Act […]
Startup Act’s economic benefits
Inside the Beltway, conventional wisdom says that Congress does little during an election year. But Americans are eager to see Congress address our country’s challenges — most important, the economy and job creation. We are introducing bipartisan legislation, Startup Act 2.0 on Tuesday — to help jump-start the economy through the creation and growth of […]