Nothing Small About Small Business
National Small Business Week is this week, shining a spotlight on 30 million small businesses in the United States. Each year since 1963, the president has announced National Small Business Week to recognize the critical contributions of America’s small business owners and entrepreneurs.
Small businesses employ nearly half of all Americans and create about two out of every three new jobs in the private sector each year.
California’s Employment Development Department (EDD) provides the following facts that demonstrate the importance of small businesses in California:
- California is home to approximately 3.8 million small businesses (described as businesses that employ less than 500 workers), according to the U.S. Small Business Administration.
- Roughly 1.2 million businesses in California employ less than 10 workers, according to the most recent data EDD collected in 2017.
- The number of small businesses grew by 61,880, a gain of 5 percent over the last five years.
California laws are complex no matter what your company size. Yet, compliance can be even tougher for small businesses that often handle HR issues on the fly without staff dedicated solely to HR.
CalChamber’s HR Quick Guide for California Employers – Small Business Edition is an ideal resource for small businesses with less than 50 employees. The book explains California and federal employment laws in plain language and covers everything from hiring to ending the employment relationship.
CalChamber is holding a Small Business Week Sweepstakes. Enter for your chance to win a California Chamber of Commerce Preferred membership (or a renewal if you’re currently a Preferred member), plus our daily drawing for an HR Quick Guide for California Employers! Submit your entry before 11:59 p.m. on May 5, 2018.
CalChamber members can view a 30-minute recorded webinar that covers the Top 5 Labor and Employment Laws Perplexing Small Business. Not a member? Learn about the benefits of membership.