Small businesses are the lifeblood of the U.S. economy. They create two thirds of net new jobs2 and drive U.S. innovation and competitiveness. Over 58 million people3 work in small business. As of January 2020, there are more than 30 million small businesses4. Small businesses create jobs, spark innovation, and provide opportunities for many people to achieve financial success and independence.
SMALL BUSINESSES YOU CAN HELP
We have created this page to demonstrate our support for small businesses throughout the USA. As such, you will find links to small businesses from the recommendations of TriLinc investors and staff below. If you are interested in having your business shared here, or know of a firm that you would like to see posted, please contact Robert Kronman at email@example.com.
Abby Berkson Ceramics
Flags of Valor
Frame the Message
One of TriLinc’s core beliefs is that the key to a thriving economy rests with growing and sustainable small businesses. These businesses are vital employers in small towns across America and many are self-employed, which is their only source of income for their family. The COVID-19 Virus has struck a devastating blow with catastrophic consequences to those very businesses and they need help.
A new survey from the National Federation of Independent Businesses Research Center reports that 92% of small business employers are negatively impacted by the coronavirus, an escalation from 76% just days earlier.5 With continued uncertainty around “re-opening” many of these businesses are in danger of closing permanently. Above, we have provided links to small businesses in towns from across the United States which could benefit from your patronage.
- Buy a gift card for a friend or relative and encourage them to buy for someone else
- Order takeout to support your local restaurants
- Consider doing your holiday shopping online now
- Purchase a DIY kit or virtual consultation from your favorite hair salon
- Post a positive social media “shout out” to your favorite local business
- Need soap? Visit a local artisan site instead of buying a national brand
- Support niche groceries in your community
- Support independent bookstores by purchasing online
- Donate your expertise with a free consultation
Be encouraging, positive, and inspiring - it is the American way!
DISCLAIMERS & FOOTNOTES
1This information is for general purposes only and does not represent a recommendation or offer of any particular security, strategy, or investment. Businesses noted are not those in which TriLinc or its investment vehicles have invested in or that TriLinc is recommending for investment.
2United States Small Business Administration - About SBA 5/4/2020
3United States Small Business Administration - SBA Information & Facts 5/5/2020
4United States Small Business Administration - SBA Information & Facts 5/5/2020
5National Federation of Independent Business – Trends and Research 5/08/2020