Illinois small businesses
Small business advocates are discussing the impact new Illinois laws going into effect Jan. 1 could have on employers. Several laws will go into effect in 2024, including Senate Bill 2034, which extends bereavement time for workers when dealing with the loss of a child. Other measures include the previous General Assembly’s Senate Bill 208, which…
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A new survey found 40% of Illinois’ small businesses were unable to pay rent on time or in full during November, up 8 percentage points from October as the state’s most prolific job creators grappled with higher rent prices, inflation and reduced consumer spending. Illinois small businesses reported the third-largest monthly increase in rent delinquency and sixth-highest…
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SPRINGFIELD – The state announced a $250 million “Back to Business” grant program aimed at assisting small businesses in the recovery from the ongoing COVID-19 pandemic and associated economic shutdowns. The program is funded by the federal American Rescue Plan Act signed by President Joe Biden, and it includes specific set-aside amounts for certain uses.…
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