Small Businesses Poised for Big Growth Under Trump

November 22, 2016

Small Business Saturday Touts Positives of Building Up Local Businesses Between Black Friday and Cyber Monday 
 

PHILADELPHIA, Pa.—Nestled between Black Friday and Cyber Monday is another shopping “holiday” called Small Business Saturday, which encourages Americans to hit the streets of their towns this weekend and boost the local economy.

Financial expert and nationally syndicated radio and television host Dan Celia, leader of Financial Issues Stewardship Ministries (FISM, www.financialissues.org), is a proponent of small business and is in favor of policies that will help them grow, which is especially likely under a Donald Trump administration.

“Donald Trump’s tax plan, for example, will be extremely helpful to growth in America,” Celia said. “He has proposed a 15 percent corporate tax rate—and there’s no reason why we shouldn’t see that, with a Republican-controlled House and Senate. This will have a huge impact on small businesses and S corporations, especially for those business owners who are currently paying elevated personal income taxes as well. For those in a 25 to 35 percent personal tax bracket, Trump’s proposed policies will be very beneficial. We can also expect fewer regulatory burdens on small businesses. After all, these are the businesses that are creating millions of jobs in America, and as I’ve said many times, the government can’t create jobs, but it can create an environment where businesses thrive, are able to grow, can see profits, and pass all of those benefits onto their employees, which will only strengthen the economy as a whole.”

View Celia’s recent videos on these topics here:

According to data from the Small Business Administration and the U.S. Census, the 28 million small businesses (the SBA defines a small business as having 500 employees or less) in America have a significant impact on the economy.

  • More than 50 percent of the working population are employed by small businesses.
  • Small businesses have generated more than 65 percent of net new jobs since 1995.
  • Small businesses also donate 250 percent more than larger businesses to non-profits and community causes. (Source: Seattle Good Business Network)
  • For every $100 spent at a local business, roughly $68 stays in the local economy. Conversely, for the same $100 spent at a large business, $43 stays in the local economy. (Source: Civic Economics Study, Grand Rapids, Michigan)

Small Business Saturday was started by American Express in 2010, and in 2015, 95 million shopped at small businesses the day after Black Friday, spending about $16.2 billion—a 14 percent increase in small business shopping over 2014.

“Financial Issues” recently began streaming on its own YouTube ChannelFinancial Issues with Dan Celia. The ministry also recently introduced the new Financial Issues app; learn more here. Besides more than 600 radio stations, “Financial Issues” is seen on the National Religious Broadcasters (NRB) television network, reaching 45 million households, BizTV, which reaches millions more in major markets, and Dove-TV in the Pacific Northwest. To view Celia’s recent show clips, click here.

Daily, Celia addresses important financial headlines, takes calls from around the country, and focuses on current economic trends and critical mass in corporate America. He accurately predicts rises and falls in the U.S. and global economies. He also hones in on godly financial stewardship when talking to thousands who want to honor God with their finances.

A financial expert and author backed by decades of financial experience, Celia is personally in touch with thousands of people each week from across the country. He has worked for 35 years as an entrepreneur and businessman, and has developed a biblically responsible system of financial management with great success. Celia started his radio program in 1997 and has interviewed newsmakers, experts, lawmakers and presidential candidates. He speaks at conferences, town hall meetings and investment conferences around the country, is the author of six books and publishes a weekly newsletter.

For more on Financial Issues Stewardship Ministries, visit its web site at www.financialissues.org, its Facebook page, the YouTube channel, Financial Issues with Dan Celia or its Twitter feed, @financialissues.

 

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To interview Dan Celia of Financial Issues Stewardship Ministries, contact Jen Retallick, 610-584-1096, ext. 100, Media@HamiltonStrategies.com, or Deborah Hamilton at 215-815-7716 or 610-584-1096, ext. 102.

Dan Celia is president and CEO of Financial Issues Stewardship Ministries and host of the national syndicated radio talk program “Financial Issues,” heard daily on more than 600 stations across the country and in millions of homes through NRB-TV, BIZ-TV and others. FISM believes that only revival will return America to its Judeo-Christian heritage and biblical values.

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