Small Business Rundown

Small Business Rundown

NFIB, the leading advocacy group for Small Business, brings on experts to discuss and analyze current issues that directly affect small businesses across the nation.

Episodes

July 11, 2024 10 mins

The U.S. Department of Labor (DOL) released a new overtime rule that took effect July 1. NFIB Small Business Legal Center Executive Director Beth Milito and Senior Attorney Rob Smith join this episode to discuss the details of the new rule and what it means for small businesses. They also answered common questions from small business owners about compliance on issues like worker classification, choosing salary versus hourly status,...

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NFIB’s annual Fly-In took place in Washington D.C. on June 11-12. Over 100 NFIB members gathered to hear expert speakers and meet with lawmakers on Capitol Hill. NFIB President Brad Close and Vice President of Federal Government Relations Jeff Brabant talk about the event and the two issues small business owners discussed with congressional offices during the Fly-In. Those issues included repealing the new national small business r...

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 Inflation is the top problem for small business owners and has consistently ranked as one of their top two concerns since November 2021. To help small businesses fight inflation, NFIB called on Congress and the White House to take action in five ways. NFIB Research Center Executive Director Holly Wade and Federal Government Relations Vice President Jeff Brabant provide an economic overview, explain why navigating inflation is chal...

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A new small business ownership registry went into effect on Jan. 1, 2024, but NFIB is fighting to repeal this burdensome requirement for small business owners. In Congress, Senator Tommy Tuberville and Representative Warren Davidson are sponsoring legislation that would repeal the Corporate Transparency Act and its reporting registry. In this podcast, they explain why they are pushing for this change, discussing its impact on over ...

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As the 2024 elections approach, now is a good time to focus on not only the presidential election, but every election on the ballot. NFIB Senior National Political Director Sharon Sussin joins the episode to break down what it means to be the voice of small business, the importance of voting for small business candidates at every level on the ballot, and ways to start getting involved now.

Information about upcoming electi...

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May 2, 2024 27 mins

What does shopping small mean, and what is considered a small business? Small business owners in suburban and city environments answer these questions and more in this episode. Kim Duncan, owner of Goldenlight Visions in Manhattan, New York, and Amy Morgan, owner of LeFleur in Washington, Illinois, share how small businesses create neighborhoods, the importance of personal relationships that build customer loyalty, and the crucial ...

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NFIB member Claudia Smith shares her small business story and the power of her voice. Claudia owns Aggieland Carpet One in College Station, Texas. She’s met with U.S. Senators and explains how the power of her message created an impact lasting well beyond those meetings. Claudia’s story shows that one person’s voice matters and helps lawmakers understand small business issues. 

Links from the episode: 

Resources on NFIB’s website: ht...

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April 4, 2024 14 mins

As tax season approaches, small business owner Warren Hudak and NFIB Executive Director of the Small Business Legal Center Beth Milito provide tips and resources to help small business owners navigate tax season. Warren shares the invaluable insights and knowledge CPAs provide, and Beth discusses avoiding audits, looming tax-related threats, and upcoming compliance issues that could create problems.

Tax-Saving Strategies ...

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NFIB President Brad Close responds to the State of the Union and provides insights on small business issues addressed. Brad touches on job growth, inflation, minimum wage, and more topics from the speech. He also provides an update on NFIB’s top policy issue, the 20% Small Business Deduction. 

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The NFIB Legal Center released an updated Guide to the Employee handbook, one of the most popular in its series of legal guides. Elizabeth Milito, NFIB Small Business Legal Center Executive Director, joins the episode to provide tips for creating the best Employee Handbook for your small business. Learn about the importance of having an employee handbook, vital policies to include, and strategies to consider when creating or updati...

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This episode answers some of small business owner’s most frequently asked questions. NFIB experts explain NFIB’s advocacy process as well as top priority issues such as making the 20% Small Business Deduction permanent, the new Beneficial Ownership Information (BOI) law, workforce shortages, and debt collection issues. Hear the answers to questions related to these topics and more.

TAKE ACTION: 

  • Petition to make the 20...
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NFIB experts explain a new law that went into effect Jan. 1, 2024 and impacts over 32 million small businesses. NFIB Small Business Legal Center Executive Director Elizabeth Milito and Vice President of Federal Government Relations Jeff Brabant provide their expertise on the new Beneficial Ownership Information reporting law and what it means for small business owners. Find out how to know if your small business needs to report ben...

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NFIB’s State Government Relations team represents small business in both Washington D.C., and all 50 states. Each state has a State Director who provides advocacy on behalf of small business owners. Small Business Days are a key part of this program and allow NFIB members to meet with their lawmakers face-to-face and tell their stories. Barbara Quandt, a former small business owner who is now an NFIB Region Director shared her expe...

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NFIB President Brad Close and Vice President of Federal Government Relations Jeff Brabant discuss the top federal advocacy issues facing small business in 2024. They provide an outlook for the year ahead with numerous pieces of legislative and regulatory concerns being considered. Among those issues is the fight to make the 20% Small Business Deduction permanent.

Take Action: 

  • Join other small businesses across the coun...
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December 28, 2023 19 mins

NFIB has been the voice of small business since it was founded in 1943. Small business owner and NFIB member Robert Lycke Jr., the owner of Kuker-Ranken, Inc. shares why he has continued his business’s NFIB membership for nearly eight decades. NFIB President Brad Close describes some of the key moments and victories in NFIB’s history. NFIB Trainer Randy Karschner has worked for NFIB for 37 years and joins to tell the history of NFI...

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December 14, 2023 10 mins

NFIB’s Federal Government Relations Team discusses top federal advocacy priorities for small businesses in 2023. Jeff Brabant explains NFIB’s top small business priority and important credit card swipe fee legislation. Josselin Castillo covers healthcare concerns of small business owners and breaks down legislation that will offer affordable coverage options, provide transparency of benefits, and reduce paperwork burdens. Josh McLe...

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Small business owner Bonnie Roerig, NFIB State Director in Colorado Tony Gagliardi, and Vice President for State Government Relations Tim Goodrich discuss a key issue in Colorado that was on the ballot this past election day. Prop HH impacts small businesses in the future by jeopardizing the Taxpayer Bill of Rights. 

Bonnie shares the long-term impacts Prop HH would have had on her small business and others if it had pass...

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Jim Ellis of The Ellis Insight and Sharon Sussin, NFIB’s Senior National Director, give insights on the recent elections and emerging trends going into the 2024 election year. Jim discusses how the results of the Nov. 7 elections could impact small business, and Sharon explains some of the ways that NFIB’s political team helped educate and engage voters leading up to the election. They also analyzed what was learned from these elec...

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NFIB Chief Economist Bill Dunkelberg and NFIB Research Center Executive Director Holly Wade talk about the small business economy as NFIB’s Small Business Economic Trends (SBET) report reaches its 50th anniversary. The economic report results from a monthly survey of a random sample of NFIB members and is used by news media, lawmakers, financial analysts, and academic scholars to understand the small business economic climate and s...

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October 19, 2023 22 mins

U.S. Senator Mike Braun and NFIB experts join this episode to explain new U.S. Department of Labor regulatory proposals. NFIB Small Business Legal Center Executive Director Elizabeth Milito and Federal Government Relations Director Jeff Brabant break down regulations being considered, including the independent contractor and overtime rules, which would impact small businesses. Senator Braun shares his experience dealing with burden...

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