The Small Business Daily Rundown: SBA Gets New Boss, Plastic Bag Ban Comes to OR, Workplace Trends for 2020
Welcome to the Small Business Rundown. Each day, we bring you stories that impact small business owners and their workforce.
Hello, hello. There’s a lot to report from the world of small business: The U.S. Small Business Administration got a new boss yesterday, SBOs in Oregon (and other places) are reacting to new single-use plastic bag laws, and workplace trends to be aware of in 2020.
Senate confirms Jovita Carranza as new SBA Chief
It’s official. Jovita Carranza is the new head of the U.S. Small Business Administration. A former Treasury Department official and SBA administrator under President George W. Bush, Carranza is the highest-ranking Latina in the Trump Administration — and the first permanent head of the SBA in almost a year. Carranza started her career at UPS as a part-time night shift employee.
The Number: 5. Carranza enjoys broad support from the small business community and from the Senate, with only 5 Senators voting against her confirmation.
The Quote: “Her coming on board provides that leadership continuity that’s needed.”
OR plastic bag ban leaves some small business scrambling
A new statewide ban on single-use plastic bags has left some Oregon small business owners scrambling to comply. Communities around the country are outlawing the use of the bags, while other locations have exempted themselves or found ways to skirt the law. Business owners claim confusion about who the new law applies to.
The Number: $250. Businesses that do not comply with the statewide law are subject to fines up to $250 per day.
The Quote: “I think there should have been way more communication and it think it would have made it easier for everyone”
Death of the gig economy and Millennials on the rise: 2020 trends
As 2020 gets underway, savvy business owners are staying on top of trends and issues impacting the economy and the workplace in the coming year. Among them: new laws governing gig workers in California, the state of the global economy and the growth and evolution of the Millennial workforce.
The Number: 74%. Millennial and Gen Z managers have a higher percentage (78%) of employees who work remotely than Baby Boomer managers (58%).
The Quote: “Millennial managers are more than twice as likely as baby boomers to have increased their use of freelancers in the past few years.”