Small Business

Let the minimum wage debate begin

The expected protestations came in from other business organizations as I expected from my announcement yesterday of the South Carolina Small Business Chamber’s support of at $10.10 minimum wage (see the GSA Business story below by Ashley Boncimino). The state chamber that represents the big businesses of the state, S.C. Chamber of Commerce (no relation), […]

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South Carolina Small Business Chamber of Commerce Endorses $10.10 Federal Minimum Wage

FOR IMMEDIATE RELEASE Contact: Frank Knapp, Jr., 803-252-5733, Sbchamber@scsbc.org Says Increase Is Needed to Boost Consumer Demand Columbia, SC – Today the South Carolina Small Business Chamber of Commerce (SCSBCC), which represents more than 5,000 businesses in the state, announced its endorsement of legislation to raise the federal minimum wage to $10.10 per hour. The

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SC legislators should keep their eyes on the economic ball

While all of the members of the South Carolina General Assembly are focused on who will eventually be elected as Speaker of the House and what new rules will be adopted to make that body more egalitarian, here is something else they should be concerned about—the lack of growth in state revenue. We all know

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Remembering the bad old days pre-Obamacare

For those with short memories, for almost two decades prior to the passage of the Affordable Care Act group health insurance premiums registered double-digit increases almost every year.  This was a completely unsustainable situation that resulted in a dramatic decrease in the number of small businesses that offered health insurance as an employee benefit.  This

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Beaufort discusses possible increase of sea levels

WJCL News-Savannah, GA August 25, 2014 BEAUFORT, S.C. (WJCL) — It may not happen until years down the line, but the City of Beaufort wants to be prepared. That’s the purpose of a meeting Monday morning at Beaufort City Hall. The discussion centered around the rising sea levels and its potential impact to the city. Through

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Former SBA Chief Raises Alarm Over a Still Tight Credit Market for Small Businesses

Inc. July 23, 2014 BY Jeremy Quittner   Karen Mills’ Harvard report on the state of small business lending paints a bleak picture, with the exception of technology. Now that we’re about four years out from the depths of the Great Recession, it’s time to get some clarity on what exactly happened to the 28 million

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GOODBusiness Summit in Charleston

Lowcountry Local First is holding its annual GOODBusiness Summit in Charleston on August 21st. The GOODBusiness Summit is a one-day event with speakers and panel discussions exploring how successful entrepreneurs do WELL in business while creating a positive community impact. Attendees will learn how to implement innovative ideas and models for success while engaging with

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Good news on workers’ comp insurance

South Carolina businesses that have workers’ compensation insurance received some good news last week.  The total number of claims for 2010 and 2011 were significantly down compared to the previous year and benefits were up only fractionally. As a result the National Council on Compensation Insurance, the state’s rating agency for all workers’ comp insurance

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61% Of Small Businesses Support $10.10 Federal Minimum Wage In New National Poll

Employers Are Less Partisan than Congress, Saying that Higher Minimum Wage Would Boost Consumer Demand, Reduce Turnover, Increase Productivity and Improve Customer Satisfaction Washington, DC, July 10, 2014 – Small business owners with employees strongly favor raising the federal minimum wage to $10.10 and adjusting it to keep up with the cost of living in

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