Blog

The annual open enrollment period begins on November 1, 2022 and ends on January 15, 2023 for small business owners and self-employed individuals who access health insurance through the Affordable Care Act (ACA) marketplace. Entrepreneurs can make changes to their healthcare plans, re-enroll or renew their plans. Below you will find 5 things you should do and 5 things you shouldn’t do during open enrollment.

Latino and Hispanic entrepreneurs are starting small businesses at a faster rate than other groups, accounting for 44% of growth rate in the past decade. However, disparities in access to capital remain, particularly how Latino-owned businesses have been able to raise capital during the pandemic. This is why access to grant funding is critical to help them start, maintain, and grow their businesses. We have compiled a list of grant opportunities available to Latino and Hispanic businesses in celebration of National Hispanic Heritage Month, which spans from September 15 to October 15.

For small business owners who may be considering the next stages of their lives, succession planning is a key step in standing down from your small business and/or transferring ownership of your business. While the process may be complex, determining ways to transfer ownership of a business can be rewarding, provide peace of mind and is key in planning for the future. Among those options, small business owners can choose to sell their business to family members or outside parties, sell their shares to a co-owner (if applicable), or extend employee ownership.

In April, we celebrate National Financial Literacy Month, which serves as an opportunity to review your finances, assess your financial literacy and how it can help you take your business to the next level. In celebration of this special month, we reached out to some of our Venturize partners to get their thoughts on National Financial Literacy Month, key advice for business owners, and how their organizations work to support the small business ecosystem.