For more than 50 years, National Small Business Week has been a rite of spring. The season brings a sense of optimism and renewal as the days get longer and the sun shines brighter. Refers to the head of the US Small Business Administration (SBA) Linda E. McMaho, “there’s no better sign of optimism than an entrepreneur who invests in their skills, their community and our economy by starting or expanding a business. Spring is a season of growth. And I am so proud of the role the SBA has in helping small businesses grow”.
The small business community is instrumental to our national economy, as over two-thirds of new jobs are created by small businesses. Across America, nearly 30 million small businesses employ 58 million people. In my home state of Idaho, small businesses make up over 96 percent of all businesses. These small businesses serve as the backbone of our economy and make unique contributions to their local communities, whether by creating new jobs, offering unique products and services, or serving as a local gathering place, said Senator Jim Risch, Chairman of U.S. Senate Committee on Small Business &. Entrepreneurship.
C & R Movers, LLC , Birmingham, AL – Charles Underwood II, Owner
Charles Underwood started C & R Movers in 2014 in his home at the young age of 19 with not much more than a desire to own his own moving business. Within months, he sought the help of the local Small Business Development Center and an SBA 8(a) certification that helped C & R grow from one to 11 employees and net annual sales of nearly a quarter of a million dollars.
See also: Investment diversification in states
But success did not always come easily. Charles confronted a cash flow crisis when their largest government contract failed to pay for eight months due to a payment system error. Refusing to lay off employees, Charles resolved the situation by securing additional lines of credit, all since paid in full. Charles has made sure to serve his community as well as his customers. C & R Movers pack and take unwanted, non-perishable food items to the local Montgomery Area Food Bank as a proud partner of “Move for Hunger.”
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