Small businesses face a lot of challenges, from raising capital to managing employees, competing with the big players in the industry and regulatory issues. In such a challenging environment, it pays to have a support system that can help you navigate through the complex business terrain. One such organization is the National Federation of Independent Business (NFIB).
Founded in 1943, NFIB is a non-profit organization dedicated to promoting and protecting the interests of small business owners across America. The organization has over 300,000 members who benefit from a wide range of services, including legal assistance, lobbying for pro-small business policies, insurance and financial services, training and education programs, and research.
One of the main benefits of joining NFIB is access to expert lobbying services. The organization lobbies for policies that protect and advance the interests of small businesses. Through its strong presence in state capitols and in Washington DC, NFIB has been able to influence policy decisions that have directly impacted entrepreneurs positively. One notable achievement is the Tax Cuts and Jobs Act passed in 2017, which provided a tax cut for small businesses.
Another benefit of joining NFIB is the legal assistance provided to members. Small business owners can face legal issues that can lead to costly lawsuits and damage to their reputation. NFIB provides legal services to its members through its network of experienced attorneys across the country. Whether it is assistance with contract negotiation, labor laws, or unfair competition claims, NFIB attorneys are available to provide legal support and advice.
NFIB also offers insurance and financial services to its members. Members are able to access insurance programs such as health, life, and property insurances at discounted rates, a benefit that would otherwise be too expensive for small business owners. In addition, NFIB provides access to financial services such as credit card processing, retirement plans, and payroll services.
Training and education programs are other key services offered by NFIB. These programs are designed to equip small business owners with the skills and knowledge needed to succeed in the industry. Some of the training programs offered by NFIB includes online courses, workshops and industry-specific training.
Lastly, NFIB offers research on current issues affecting small businesses, such as tax reform and healthcare. This research is aimed at providing small business owners with valuable insights and information on the latest trends and best practices in the industry.
In conclusion, the benefits of joining NFIB are vast and varied, and small business owners should consider becoming members to gain access to these valuable resources. The services provided by NFIB can help entrepreneurs to stay ahead of the competition, navigate regulatory issues and ensure the long-term sustainability of their businesses.
