October 15 — The rising cost of health insurance continues to baffle small businesses, which face all kinds of challenges during the pandemic.
“We have seen increases from 22% to 28% year on year,” said
Small businesses should come together to share those costs, Brattan suggested during a panel discussion Thursday morning at his
“It would be the best thing if we could all, as small businesses, come together, absolutely,” he said. “100%.”
“It puts small businesses at a disadvantage,” she said.
Health insurance costs are just one hurdle faced by business owners. Access to federal grants and loans, public procurement reform and childcare were also discussed during the roundtable.
“Even the apartments are crazy right now,” he said.
Brattan said 80% of his company’s 85 jobs are blue-collar workers, which can pose housing challenges.
“They are not
The city is also preparing to launch another round of grants for small businesses in the city struggling to recover from the pandemic, using money from the US bailout.
Many companies are unable to take more loans, Moffat said.
Goldman Sachs 10,000 Small Businesses is a 12-week free program launched 10 years ago. It helps entrepreneurs create jobs and economic opportunities by providing them with access to education, capital and business support services. Bellman, Brattan and Proulx all participated in the program. For more information or to apply, visit 10KSBapply.com.
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