Small Business Resilience Amidst Political Uncertainty
In today's political climate, marginalized groups, including LGBTQ+ entrepreneurs, face concerns about the implications for their businesses. However, experts emphasize the resilience and adaptability of small business owners.
Jonathan Lovitz, former Biden administration advisor, highlights the universal need for small businesses, regardless of political affiliations. He stresses access to capital, opportunities, and growth potential.
Despite potential federal setbacks, local and state governments are stepping up to support underrepresented communities. Initiatives such as prioritizing small and minority-owned businesses in government contracting are emerging.
Lovitz encourages LGBTQ+ business owners to leverage local support and take advantage of state and local opportunities. He emphasizes the strength and resilience of the LGBTQ+ community, with 1.4 million business owners driving growth and innovation.
By connecting with resources and building partnerships, Lovitz believes small business owners can continue to thrive in the face of political differences. He advises embracing collaborations, as "when we work together, there's nothing we can't achieve."