National Small Business Week

Topics: Small Business

Summary: Small businesses have a big impact on their local communities. This National Small Business Week, celebrated the first week of May, find out how AmTrust helps protect the dreams of small business owners every day.

All small businesses start with a vision and a dream. Small business owners dream to spend their lives doing what they’re most passionate about, achieving their goals and succeeding on every level. And with that passion, hard work and a little risk, small business owners wake up and live their dreams every day.

The Impact Small Businesses Have on the Local Community

Small businesses play a huge role in the U.S. economy, accounting for 99.9% of all businesses in the country. The Small Business Administration (SBA) reports that between March 2020 and March 2021, the high time of the COVID-19 pandemic shutdowns, small businesses in the U.S. lost a total of 3 million jobs. However, as the  country reopened, small businesses faced an array of challenges from inflation to supply chain issues to labor shortages, and many are still facing these challenges today. 

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It's more important than ever to recognize the impace small businesses have on the local community. They not only employ millions of people, but they keep money in the community and increase the value of local real estate. They fuel innovation and provide more diverse products, as many offer unique items or services you can’t find from a big box outlet. Plus, customer service is always top of mind for small businesses, as owners understand the importance of building relationships with their community. Small business owners often “pay it forward,” too, utilizing other local vendors for the supporting services they may need.

Celebrating Small Businesses During National Small Business Week

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The SBA created National Small Business Week over 50 years ago to recognize the country's small businesses and their significant contributions to their communities. During National Small Business week, the SBA recognizes the hard work and ingenuity of America's small businesses and celebrates their contributions to the economy. 

AmTrust and Our Appointed Agents Are Dedicated to Protecting Small Business Dreams

The relationship between AmTrust, our appointed agents and small businesses owners is the key to the long-term success of all parties. AmTrust’s focus on serving our agents and insureds has never wavered. Our appointed agents are dedicated to helping our small business insured achieve their goals and succeed on every level, becoming their go-to source for information, advice and peace of mind – all the solutions a small business needs to thrive. 

AmTrust helps protect the dreams small business owners have built, allowing them to focus on doing what they love. We understand and support small and mid-sized businesses across the country. For more information about our small business insurance solutions or becoming an appointed agent, please contact us today.

This material is for informational purposes only and is not legal or business advice. Neither AmTrust Financial Services, Inc. nor any of its subsidiaries or affiliates represents or warrants that the information contained herein is appropriate or suitable for any specific business or legal purpose. Readers seeking resolution of specific questions should consult their business and/or legal advisors. Coverages may vary by location. Contact with your local RSM for more information.

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