We’re In This Together

I have been all geared up for a post noting some of the questions and issues for small businesses that have arisen in the first few months of the Trump administration. I did my best to find both good and bad news – for example, the House version of the One Big Beautiful Bill increases and makes permanent the pass-through entity deduction available for LLC and S-corp owners’ business-related income. To the relief of many, the Corporate Transparency Act finally appears dead, at least for U.S. companies. And the Small Business Administration reports an increase in the number of SBA loan approvals, although this apparent demand for capital could be read as good news (small businesses are investing in growth and expansion), or not-so-good news (that small companies are being forced to borrow just to stay in business).

Of course, small and start-up businesses are also facing a number of new challenges – tariffs, and even the threat of tariffs, are in many cases increasing business expenses, reducing profit margins, and disrupting supply chains. The uncertainty surrounding the administration’s tariff policy make hiring, expansion, inventory management, and other operating decisions tricky. Interest rates remain high and despite the above-noted increase in SBA loan approvals, SBA loan eligibility and requirements have become stricter, and the agency is eliminating a number of programs that facilitate participation in federal contracts by women-owned and minority-owned businesses.

Obviously, I could go on walking through the last roughly 150 days – but events of the last several days have led me to scrap that post for now and instead focus on the idea that we’re actually all in this together, and that there are so many ways we can work together. After all, isn’t that what entrepreneurs do? Entrepreneurs are builders, creators, learners, problem-solvers, and certainly no strangers to challenges. I invite everyone to accept the challenge to collaborate, cooperate, and just help each other out – here are a few ways:

Organizations that help immigrants and refugees

• Amnesty International
• KIND – Kids in Need of Defense
• IRAP – International Refugee Assistance Project
• Doctors Without Borders
• RefugePoint Inc.
• Alight
• American Immigration Council
• Coalition for Humane Immigrant Rights
• Hispanic Federation Inc.

Organizations that help children

• Convoy of Hope
• Big Brothers Big Sisters of America
• UNICEF
• Children’s Hunger Fund
• Children’s Home Network
• Feed My Starving Children
• Save the Children

Organizations that help the poor and homeless

• Feeding America
• Habitat for Humanity
• Catholic Charities USA
• CARE
• End Poverty in America
• Breedlove Foods, Inc.
• Americares Foundation

Organizations that help veterans

• Disabled American Veterans
• Wounded Warrior Project
• Homeless Veteran of America
• Canine Companions for Independence
• Hire Heroes USA
• Warrior Rising

Organizations that help combat antisemitism

• Simon Wiesenthal Center
• Anti-Defamation League
• Americans Against Anti-Semitism
• Foundation to Combat Anti-Semitism
• Stand With Us

I’ve focused here on national charities and organizations, but don’t forget to go local too. No doubt, there are a number of great organizations in your community. None of these are recommendations or advice – just some ideas to get us started. Feel free to add other ideas in the comments!

Promise I’ll be back to capital-raising tips and nagging about SEC-compliance next time!