Access to Capital
Small businesses are important to the U.S. economy and the well-being of local communities. They employ half of the nation’s private sector workers and in recent decades have created two-thirds of net new jobs. Yet, unlike large firms, which rebounded relatively quickly from the Great Recession, the pace of recovery for small firms has been slower and more uneven. Read the Federal Reserve Bank's 2014 Joint Small Business Credit Survey for more information.
Statistics of U.S. Businesses data allow comparisons between business establishments that do similar work but are part of different-sized enterprises. Here are the Statistics of U.S. Businesses Employment & Payroll by the U.S. Census Bureau.
The National Small Business Association's 2015 Mid-Year Economic Report shows a small-business community continuing to move forward with regards to their own business growth, but with greater trepidation about the
overall economy than they expressed six months ago. Read the full 2015 Mid-Year Economic Report here.
Marijuana Resource Center
The effort to legalize marijuana in Ohio is likely to persist. It’s important for small business owners in particular to stay up to date on the latest information about potential legalization and the impact marijuana could have on business in Ohio. Check this page regularly; COSE will keep this page updated with the most recent news and data about marijuana in Ohio.
The issue of increasing the minimum wage has been a topic of discussion for some time. For more information on the matter, visit the links below:
Small businesses are remarkably involved and engaged in the political process, their political positions and ideologies are as diverse as the economy they fuel. One area where nearly all small-business owners agree—regardless of party
affiliation—is that policymakers don’t really understand small business very well, and our system is increasingly not working for them, according to the National Small Business Association's 2014 Politics of Small Business report.
In an increasingly technology-reliant global marketplace where cybersecurity issues and vulnerabilities can bring commerce to a screeching halt, understanding how small businesses utilize technology is of critical importance not only
to policymakers, but to thought leaders in the IT industry. Read the reports below for more information: