All Colorado employers who have been in business for at least 2 years, have 5 or more employees, and that don’t offer a qualified retirement plan for their employees are required by law to facilitate Colorado SecureSavings or another qualified plan. There are private alternatives to the state-run IRA plan. Chamber member Fidelity Investments is […]
NSBW
Colorado Small Businesses: A Look at the Economic Profile
The Small Business Administration (SBA) recently released the Small Business Economic Profile for Colorado, which provides a comprehensive look at the impact of small businesses on the state’s economy. The report highlights the vital role that small businesses play in job creation, innovation, and economic growth. According to the report, there are approximately 691,230 small […]
Small businesses have the power to impact policies and effect change!
It is crucial for small businesses to have a say in the formation of policies and regulations that directly impact their operations. Government decisions can significantly affect the success of businesses and limit their potential for growth. Given that small enterprises are a vital aspect of the Colorado economy, their input is crucial in shaping […]
Supporting Colorado’s small businesses
Small businesses are the backbone of the Colorado economy and supporting them is crucial for the growth of our communities. Here are some tips for ways you can support small businesses this week and all year long! Shop local Whenever possible, shop at local Colorado-based businesses. By doing so, you are supporting the local economy […]
Defining a Small Business
Small businesses are a dominant force in the U.S. economy, accounting for 99.7% of all American firms, with a staggering 28 million in operation. However, determining what qualifies as a small business can be complex. In general, a small business has fewer than 1,500 employees and an average annual revenue of no more than $38.5 […]
Celebrate National Small Business Week!
For over 50 years, National Small Business Week (NSBW) has celebrated the small businesses that are the backbone of our nation and our local communities, highlighting the integral part they play in shaping the economy. NSBW takes place annually during the first week of May. This year, it will be held on April 30th through May 6th, […]
Colorado Chamber Releases Quarterly Statewide Jobs Report in Partnership with Aspen Technology Labs
For media inquiries, please contact Cynthia Eveleth-Havens at [email protected]. DENVER – The Colorado Chamber of Commerce and Aspen Technology Labs (ATL), a global leader in recruitment technology, today announced a new quarterly jobs report highlighting the latest insights into Colorado’s workforce trends. The partnership is meant to provide valuable workforce data to the public to […]
Celebrate Colorado Manufacturing Month!
The Colorado Chamber has secured a proclamation from the governor’s office declaring October as Colorado Manufacturing Month! Colorado has a vibrant manufacturing industry with 4800+ manufacturing firms that contribute more than $26 billion to the state’s economy, accounting for 6.75% of total output and employing approximately 152,000 Coloradans according to the NAM Manufacturers help to […]
Colorado Chamber Holds “State of State” Business Briefing in Roaring Fork Valley
For media inquiries, please contact Cynthia Meyer at [email protected]. BASALT, Colorado – The Colorado Chamber of Commerce today hosted the “State of the State” business briefing in partnership with the Aspen, Basalt, Carbondale, Colorado River Valley and Glenwood Springs Chambers of Commerce. Colorado Chamber President and CEO Loren Furman discussed the 2022 legislative session and […]
Record high gas prices and inflation continue to hurt Colorado businesses
With gas prices continuing to climb and inflation soaring across the nation, Colorado businesses are being greatly impacted with no end in sight. The average gas price is currently $4.98 per gallon in Colorado which marks a record high cost for the state and consumer inflation crossed 9% in metro Denver as of March 2022. […]