WASHINGTON – According to a new study by Bank of America, women entrepreneurs are optimistic about their future. More specifically, 58 percent of women surveyed believe their revenues will increase next year, up from 44 percent last year. Meanwhile, more than half of women business owners plan to grow their company in the next five years, while 21 percent plan on hiring more workers.… Read more »
WASHINGTON – This week, the Small Business Administration (SBA) Great Lakes Regional Administrator Rob Scott wrote an op-ed for the Pike County News Watchman sharing how the Tax Cuts and Jobs Act has directly benefited the almost one million small businesses in Ohio.
“Thanks to the recent federal tax cut, local business owners are making investments in their businesses and employees by… Read more »
WASHINGTON – Recently, the President signed into law the John S. McCain National Defense Authorization Act (NDAA) for Fiscal Year 2019, which included several small business provisions.
“Our nation demands a vital small business industrial base: it is fundamental to the health of our nation as a whole. I am grateful to the House Armed Services Committee for working with the Small… Read more »
WASHINGTON - Last week, U.S. Small Business Administrator Linda McMahon wrote an op-ed in the Cincinnati Enquirer to highlight the monumental impact the Tax Cuts and Jobs Act is having on local small businesses after hosting a small business roundtable on July 27 with the House Committee on Small Business Chairman Steve Chabot (R-OH) in Cincinnati, Ohio.
"When I visited Cincinnati… Read more »
WASHINGTON – This week, Wells Fargo/Gallup released a survey touting the record-high optimism U.S. small business owners’ are experiencing, the highest in 15 years.
According to the report:
Cash flow and positive financial situation are strong drivers of optimism.
78 percent of small business owners rate their current financial situation as very or somewhat good, compared… Read more »
Cincinnati, OH – Congressman Steve Chabot (R-Westwood) made the following statement today regarding the announcement that the U.S. Small Business Administration (SBA) is opening a Women’s Business Center in Cincinnati:
“The announcement that the SBA is opening a Women’s Business Center in Cincinnati is tremendous news. Women-owned small businesses have had a remarkable impact on our… Read more »
WASHINGTON – This week, the National Federation of Independent Business (NFIB) announced that its small business optimism index rose in February to its second-highest reading in the 45-year history of the monthly survey.
According to the report:
Taxes received the fewest votes as the #1 business problem since 2006
Reports of improved earnings trends were the highest since 1987
… Read more »
WASHINGTON – This week, House Committee on Small Business Chairman Steve Chabot (R-OH) spoke on the House floor in support of H.R. 4607, the Comprehensive Regulatory Review Act. This follows a hearing the Committee held last week to examine a Government Accountability Office (GAO) report that identified a number of financial regulations that burden community banks and… Read more »
WASHINGTON – This week, House Committee on Small Business Chairman Steve Chabot (R-OH) wrote an op-ed with House Judiciary Chairman Bob Goodlatte (R-VA), Senate Small Business Chairman Jim Risch (R-ID) and Senator James Lankford (R-OK) for The Hill on how Congress should do more when considering how regulations affect small businesses:
Every day, millions of American small business… Read more »
A decade ago, Ohio was considered a fly-over state. But today, the state is gaining ground on big startup regions. Cincinnati in particular has seen a number of changes in the past few years, including more capital, mentors, incubators and accelerators ready to guide the next generation of innovators.
With a goal of pitching ideas to investors during a demo day – think “Shark… Read more »