Last Frontier News

Small business owners in Alaska are being urged to share their experiences with lawmakers, as the National Federation of Independent Business (NFIB) highlights its legislative priorities for the state. The NFIB is calling on its members to express how key issues affect their businesses, families, employees, and communities.

As part of the NFIB's efforts, members are encouraged to communicate directly with legislators by customizing messages that convey their specific challenges and needs. The organization emphasizes its commitment to defending small business rights against larger entities such as big corporations and government bodies.

The year 2021 posed significant challenges for small businesses in Alaska and nationwide due to ongoing recovery from the 2020 health and economic crisis. Businesses continue to face federal mandates, proposed tax hikes, rising costs of goods and services, supply chain disruptions, and inflation.

A recent NFIB survey reveals that two-thirds of small business owners have been negatively impacted by the increase in COVID-19 cases. Nearly half reported significant supply chain issues affecting their operations, while 23% are dealing with staffing shortages.

Thor Stacey, NFIB State Director in Alaska, stated: “Many Alaska small businesses have been devastated by the COVID-19 pandemic and then doubly hit by the recent surge.” He suggested that lawmakers could assist entrepreneurs by allocating federal funds received by the state into the Unemployment Insurance trust fund. This move would help prevent additional tax burdens on small businesses. Stacey also emphasized monitoring broadband infrastructure and supporting workforce measures as crucial steps for aiding small businesses' survival and boosting Alaska's economy.

These ongoing challenges contribute to a severe workforce shortage and financial strain on small businesses across Alaska and beyond.