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The pandemic has been difficult for small business owners, their families, and employees. According to the Small Business Association (SBA), 66% of small business owners support legislation that will strengthen their ability to run their businesses. From various loan and subsidy programs for small businesses, the Biden administration has shown a keen interest in supporting small businesses during unprecedented and uncertain times. Currently, up for debate and discussion is the Build Back Better agenda (also known as the reconciliation bill). The bill aims to provide business owners with more financial security by offering business funding, tax cuts, child care support, paid leave, and healthcare insurance - all in an effort to encourage greater business development and job creation.
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