Archive for April 2015

House cuts Internet access program for small businesses in Greater MN

Write or call your Senator today!

Last session Small Business Minnesota supported a grant to help small businesses in Greater Minnesota gain adequate Internet access. This year the House cut the program saying “free market forces” will serve customers. Yes, free market forces will, when demand is high enough which some estimate will take another decade.

Write or call your senator today and tell them to restore the program to help small businesses (and our customers and employees) gain adequate Internet access in Greater Minnesota.

Crowdfunding for small business passes in the House. Likely to clear Senate.

Small Business Minnesota was among the early supporters of crowdfunding for Minnesota small businesses. Crowdfunding for small business passed at the federal level but they’ve been slow to publish rules. So, Minnesota, along with many other states, joined a consortium to pass our own crowdfunding bill. You can read more about this effort at MNvest.

Transportation for small business won’t work with budget gimmicks

Write or call your legislators today! 

Small Business Minnesota has been a longtime supporter of properly funding transportation to get small business goods to market, customers to our doors and our employees to work. However, after a decade of neglect, unmet needs have piled up calling for an unprecedented amount of funding.

To fund transportation/transit, the House recommends an inadequate amount and borrowing. Small Business Minnesota has been highly critical of past budgets that used accounting gimmicks, shifts and uncontrolled borrowing to create an allusion of a balanced budget.

Call or write to your legislature and ask that they 1) support transportation to get our goods to market, customers to our doors and employees to work, and 2) to provide adequate funding that doesn’t involve unsustainable borrowing into the future. Find your House rep and your senator. Write to House and Senate transportation committees members.

Learn more at MoveMN.

MNsure special enrollment period ends April 30. Tax penalties increase in 2015.

Minnesotans who did not have health insurance last year and now owe a penalty on their 2014 federal taxes can still enroll in 2015 health coverage. MNsure’s special enrollment period goes through Thursday, April 30.

Those who don’t have health coverage for the rest of 2015 will risk paying the penalty again next year which will increase to 2% of taxable income or $325 per adult, whichever is greater.

MNsure is the only place to get financial help for your health insurance, which could reduce your premium. Free help is available from MNsure navigators and brokers.  Apply and enroll online or call the MNsure Contact Center at 1-855-366-7873 (open 8 a.m.–6 p.m., Monday through Friday).

NOTICE: Many small businesses are eligible for enrollment throughout the year. Visit the MNsure small business site.

Small business priorities, short list, for the 2015 Minnesota Legislative Session

Small Business Minnesota is a nonprofit, nonpartisan membership association for all small business, defined has having less than 100 employees, owners in the state of Minnesota. There are more than 500,000 small businesses in Minnesota. Small businesses employ 52% of the workforce, contribute 50% of the GDP, make up 70% of our exporters (contributing 30% revenue), create the vast majority of patents and are creating two of every three new jobs.

Read more

Small Business Minnesota releases paper, “Small Business, the Affordable Care Act and MNsure”

MINNEAPOLIS — April 15, 2015 — Small Business Minnesota, a nonprofit, nonpartisan, statewide small business association, released a paper today, Small Business, the Affordable Care Act and MNsure.”

“Affordable healthcare consistently remains the No. 1 concern for small business owners,” said Audrey Britton, Small Business Minnesota public relations chair. “This concern trumps concerns with taxes and regulations. Yet, during healthcare debates, small business is rarely included.”

According to the paper, small business is a big economic driver in the U.S. About 98 percent of Minnesota businesses are small. Across the nation, small businesses employ more than 50 percent of the workforce, contribute to more than 50 percent of the GDP, are now hiring two of every three new employees, generate the vast majority of patents and make up 70 percent of our exporters, generating about 30 percent of our export revenue.

“Talking about small business might help get a politician elected but we’d rather see those words put into action,” said Britton, citing a poll from the paper that demonstrates how favorably the public reacts to the term “small business” during an election year. “Outlined in the paper are practical changes that can be easily made to start ensuring small-businesses can have access to affordable healthcare.”

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