Small Businesses and Marginalized Entrepreneurs in the Trump Era
Amidst concerns surrounding President Trump's policies, former Biden administration advisor Jonathan Lovitz emphasizes the enduring need for small businesses, regardless of political affiliations.
Importance of Small Businesses
Lovitz highlights the universal consensus across the political spectrum regarding the significance of small businesses. These businesses account for 99.9% of all US firms and are essential job creators.
Support from Local and State Governments
While federal support for marginalized communities may diminish, Lovitz notes the growing involvement of local and state governments in providing initiatives and assistance to business owners.
Opportunities for Growth
Despite potential political challenges, Lovitz remains optimistic about the future growth and prosperity of small businesses. He urges entrepreneurs to seek support locally and capitalize on available state and local opportunities.
Resilience and Innovation
Lovitz emphasizes the resilience and innovation of LGBTQ+ business owners, who have historically overcome adversity. He believes their strength and community support will continue to drive their success.
The Future Outlook
Lovitz is confident in the future prospects of small businesses. By fostering connections and working together, he believes entrepreneurs can overcome potential obstacles and thrive in the years ahead.