4.4 • 1K Ratings
🗓️ 12 October 2021
⏱️ 36 minutes
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0:00.0 | This is Exchanges at Goldman Sachs and I'm Allison Nathan, a senior strategist in Goldman Sachs research. |
0:13.6 | As the pandemic has continued to evolve, so have the challenges faced by small business owners. |
0:19.2 | For today's episode, we're speaking with three of these owners who are wrestling with the |
0:23.8 | continuing disruptions ranging from worker shortages, supply chain delays, and the |
0:28.7 | rising cost of goods. All three business owners, Kari Parker, co-owner of Connie's Chicken and Waffles in Maryland, |
0:35.4 | Rosemary's work, President of Direct Steel and Construction in Crystal Lake, Illinois, and Ruby |
0:40.2 | Bugadin, co-owner of Margaritas and Pepi's Mexican restaurants in the LA area, |
0:44.8 | are graduates of the firm's 10,000 small businesses program, which provides entrepreneurs |
0:49.6 | with access to education, capital, and support. |
0:53.0 | For perspective on the specific challenges that small business owners are facing, |
0:57.1 | we also spoke with Joe Wall from the firm's Office of Government Affairs. |
1:00.9 | Joe, welcome to the program. Thank you for having me. |
1:04.0 | So you and your team just released a new survey sponsored by the Advocacy Arm, known as the 10,000 Small Business Voices |
1:10.8 | program. |
1:11.8 | To start off, can you just give us a sense of some context behind the survey and the Voices Initiative? |
1:17.9 | What's the goal of the initiative and what are some of the highlights of the survey? |
1:22.1 | Sure, so we launched 10,000 small businesses voices in April of 2020, so just about a year and a half ago. |
1:29.7 | Over time, as we |
1:35.0 | quickly learned that the small business community |
1:38.0 | really wanted to be engaged in the policymaking debate |
1:42.0 | both at the federal level but also at the state and local level. |
1:44.8 | But they really didn't feel like they had a seat at the table and they really didn't feel like |
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