Small business

Institute for Local Self Reliance  - More than 100 small businesses from across the country joined a lively virtual briefing hosted by ILSR and 15 Small Business Rising (SBR) coalition partners.  The briefing shed light on how large corporations, including retailers such as Walmart and Amazon, are bullying suppliers into providing them with illegal pricing deals, fueling consolidation at the expense of independent businesses and consumers. Featuring leading antimonopoly and small-business advocates, the event galvanized small businesses to fight back and assert their rights, rather than accept price discrimination as the cost of doing business.  A key takeaway from the briefing is that, as a small business owner, your stories matter and can drive meaningful change. Watch the replay here.  And share your story here.

Amazon’s ambitious warehouse robotics plan might lead to more than 500,000 job cuts. 

Although small business lending is in the midst of a troubling decline, small local banks are still lending to small businesses at a significantly higher rate than big banks.