NASE Chief Lauds Record-Breaking New Small Business Applications

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NASE Chief Lauds Record-Breaking New Small Business Applications

FOR IMMEDIATE RELEASE: Friday, January 20, 2023
CONTACT: Kristofer Eisenla, LUNA+EISENLA
[email protected] | 202-670-5747

 

National Association for the Self-Employed (NASE) Serves as the Leading Advocate and Resource for these New Entrepreneurs


WASHINGTON, D.C. – With the recent news from the Small Business Administration (SBA) on current Census Bureau Data showing a record-shattering pace of new small business applications over the last two years, Keith Hall, president and CEO of National Association for the Self-Employed (NASE), today reacted with pride calling it a “entrepreneurial trend highlighting American ingenuity and perseverance.”

“This is a win for the America small business community,” said Keith Hall, president and CEO of National Association for the Self-Employed (NASE), the nation's leading advocate and resource for the self-employed and micro-business community. We applaud these new self-employed, solo-entrepreneurs and micro-businesses who have joined our ranks over the last two years. 10.5 million total new business applications were filed in 2021 and 2022.  This record-breaking trend tracks with what we saw throughout the pandemic nationally and with our own membership. With the drastic changes throughout the workforce, many Americans decided to step out on their own by starting a small business instead of stepping into an unemployment line.

“The entrepreneurial spirit of opening and operating your own small business creates a sense of purpose through commitment to customers, team members and affords people the flexibility they desire to build a work-life balance best suited for their needs. In fact, America’s small business has been rated in a recent study, as ‘the only institution seen as competent and ethical,’ with most respondents worldwide saying they trust business over NGOs, government, and the media.”

NASE advocates and gives voice to America’s smallest employers, the self-employed and micro-businesses, before our elected leaders in Washington. In addition, NASE serves as a critical resource for new and existing small businesses in their operations. Specifically, NASE offers a robust Growth Grant program – sponsored by AARP and DELL Small Business – to Ask The Experts business and tax advice and the NASE Minute video with free business advice online to both members and the public. The association’s goal is to support the small business community to help them to grow and thrive. To learn more, visit here.

“Heading into the pandemic’s third year, small businesses are still in ‘repair and recovery,’ mode as many small businesses did not survive; and those who did, continue to experience a quickly changing economy, lack of available labor, and other repercussions. Policymakers in Washington must work together in a bipartisan way to adopt ‘pro-small employer, anti-red tape’ policies that create and foster a favorable policy and economic environment for small businesses to expand, save and grow like their corporate counterparts. There are several “non-cash” approaches requiring small tweaks to public policies that would go a long way to support the community. These include simplifying the tax code, reducing health care costs, increasing access to capital, and improving retirement options.  These “non-cash” legislative fixes would build a strong and lasting small business community,” concluded Hall.

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The National Association for the Self-Employed (NASE) is the nation's leading advocate and resource for the self-employed and micro-businesses, offering a broad range of benefits to help entrepreneurs succeed and to drive the continued growth of this vital segment of the American economy.

The NASE NextBizThing helps identify and connect our nation’s smallest businesses. Need small business help? Check out NASE’s Ask the Experts for advice or the NASE Minute for small business support.

The NASE is a 501(c) (6) nonprofit organization and provides big-business advantages to hundreds of thousands of micro-businesses across the United States. For more information, visit the association's website at NASE.org

Courtesy of NASE.org
https://www.nase.org/news/2023/01/20/nase-chief-lauds-record-breaking-new-small-business-applications