Housing, health insurance remain top challenges for small businesses [The New Hampshire Union Leader, Manchester]
Oct. 15—The rising cost of health insurance continues to confound small businesses, who are dealing with all manner of challenges during the pandemic.
"We've seen 22% to 28% increases year after year," said
Small businesses should band together to share in those costs, Brattan suggested during a roundtable discussion Thursday morning at his
"It would be the greatest thing if we could all as small businesses pool in, absolutely," he said. "100%."
"It puts small businesses at a disadvantage," she said.
Health insurance costs are just one hurdle confronting business owners. Access to federal grants and loans, procurement reform and childcare were also discussed during the round table.
"Even apartments are crazy right now," he said.
Brattan said 80% of his company's 85 jobs are blue-collar, which can pose a housing hardship.
"They aren't
The city also is preparing to launch another round of grants for small businesses in the city struggling to recover from the pandemic, using American Rescue Plan money.
Many businesses are not in the position to take on more loans, Moffat said.
Goldman Sachs 10,000 Small Businesses is a free 12-week program that launched 10 years ago. It helps entrepreneurs create jobs and economic opportunity by providing access to education, capital and business support services. Bellman, Brattan and Proulx all took part in the program. For more information or to apply go to 10KSBapply.com.
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