Small businesses need help | News, Sports, Jobs

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Most economists will agree that small businesses are the backbone of the national economy. They create more news jobs, provide goods and services that big business may not consider worthwhile, and support their local communities.

But small businesses have struggled since the onset of the COVID-19 pandemic, especially as the government imposed lockdowns and closures, limited their service capacity and created more regulations for them to contend with.

Now small businesses are affected by another factor. Economic inflation drives up the cost of doing business – the cost of utilities, transportation, the goods they order and sell.

What can be done for small businesses? A Missouri task force, the Show Me Strong Recovery Task Force, released a report Monday following a year-long study, with recommendations that include improving the availability and affordability of babysitting services; the expansion of apprenticeships in the hospitality industry; creating a single business portal to streamline interaction with state agencies; and promoting existing government programs to support small businesses owned by women and minorities.

States like Minnesota should study this report and see what ideas we can adapt to meet the needs of our own small businesses. We would suspect that the needs of small businesses in Missouri are not much different from the needs of small businesses elsewhere.

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