NJ NEEDS SUSTAINABLE SMALL BUSINESS RECOVERY PLANS
Last week, Governor Murphy signed legislation providing $15 million aid to New Jersey’s small businesses and non-profits. (The press release from the governor’s office is below.)
And we are grateful for any measures being taken right now to help support our state’s small business infrastructure. But so far, every initiative that has come out of the governor’s office has been one with a shelf life. After all, the funding is not limitless.
THAT’S WHY WE NEED GOVERNOR MURPHY TO SIGN LEGISLATION BASED UPON OUR #NJSmall SUSTAINABLE APPROACH THAT WILL HELP NJ’S SMALL BUSINESSES – WITHOUT COSTING THE STATE ANY ADDITIONAL DOLLARS!
So far, our approach has inspired bills in the state assembly (Bill A-4634) and state senate (Bill S-2982) – and last month, a legislative panel endorsed a 10-bill package (including Bill A-4634) that would help our small businesses recover from the pandemic.
But with each month that ticks by, more small businesses are losing their battle.
Our approach is SIMPLE: provide a 1% Corporate Business Tax credit for companies in NJ when they hire our state’s small businesses. This will not only keep more NJ small businesses alive – it will also keep more business dollars in NJ, which is better for EVERYONE who lives and works here. And it doesn’t require any additional funding, making the NJSmall approach truly sustainable to help our small businesses thrive in the future!
Governor Murphy: I know the legislature is on break this month (April) for budget review. But I also know that if something is important to you, you can make it happen. I am hoping you will see this post – and that you will take it upon yourself to move this no-cost, all-upside approach into legislation. We need sustainable small business recovery in New Jersey.
Denise Blasevick, NJ small business owner & NJSmall co-founder
PS: Thank you to the small businesses that have sponsored our efforts so far:
- benefEx: Benefits consulting experts whose approach results in better benefits and cost reductions.
- DSP Clinical: The expert CRO in women’s health and reproductive endocrinology/infertility.
- OlenderFeldman: Business-centric legal experts who also provide clients with valuable business consulting.
- The S3 Agency: Ad agency whose expertise and creativity maximize branding and marketing results.