Category Archives: SBAC News

SBAC Featured as Inland Bank Partner on WBBM


The SBAC is proud to count Inland Bank as a key partner in our mission to empower the small business community in Illinois. As part of their 50th Anniversary Celebration, WBBM Radio is promoting the work of Inland Bank and their community partners via on-air vignettes. SBAC President and Founder, Elliot Richardson, was featured in one of the stories currently airing. Listen to the full audio below.

ACTION CALL: Ask Your Legislator to Co-Sponsor SB2436


Following the unanimous passage of SB 2436 in the Senate in February, the SBAC published an op-ed in Crain’s Chicago in March outlining the importance of amending this outdated statute. It does not make sense that legislators from all corners of the state have a hand deciding the fate of a business hundreds of miles away. The small business community believes that by amending the antiquated regulations of the 1934 Liquor Control Act, which prohibits the sale of alcohol within 100 feet of a religious institution, we can empower business owners in disadvantaged communities by shifting the oversight of liquor licensing to local officials.

We are now up against a tight deadline to get this measure, sponsored by State Rep. Feigenholtz, to committee in the House for consideration. This common-sense initiative has bipartisan support and we are proud to have the Illinois Chamber of Commerce, Austin Chamber of Commerce, the Lakeview East Chamber of Commerce, the Lakeview Chamber of Commerce, the Lincoln Square Ravenswood Chamber of Commerce, the Little Village Chamber of Commerce, the Lincoln Park Chamber of Commerce, and the Institute for Justice Clinic on Entrepreneurship as part of our coalition.

If we can’t amend a process so widely panned on both sides of the aisle, what does that say about our chances to tackle the bigger challenges looming for our state? It’s time to deal with this issue once and for all and build on that momentum to grow our way to economic stability in Illinois.

Contact your legislator and ask them to co-sponsor SB 2436 today!

WGN Radio Interview on the 84 Year Old Law Holding Economic Development


This week, SBAC Founder & President, Elliot Richardson was interviewed on WGN Radio’s Opening Bell to discuss SB 2436. This bill would that by amend the antiquated regulations of the 1934 Liquor Control Act, which prohibits the sale of alcohol within 100 feet of a religious institution.  The small business community believes that we can empower business owners in disadvantaged communities by shifting the oversight of liquor licensing to local officials. Click here to hear the full interview, starting at the 18:30 mark.

Following the unanimous passage of SB 2436 in the Senate in February, the SBAC published an op-ed in Crain’s Chicago Business outlining the importance of amending this outdated statute. We are now up against a tight deadline to get this measure, sponsored by State Rep. Feigenholtz, to committee in the House for consideration. This common-sense initiative has bipartisan support and we are proud to have the Illinois Chamber of Commerce, Austin Chamber of Commerce, the Lakeview East Chamber of Commerce, the Lakeview Chamber of Commerce, the Lincoln Square Ravenswood Chamber of Commerce, the Little Village Chamber of Commerce, the Lincoln Park Chamber of Commerce, and the Institute for Justice Clinic on Entrepreneurship as part of our coalition.

It’s time to deal with this issue once and for all and build on that momentum to grow our way to economic stability in Illinois. Click here to contact your legislator and ask them to co-sponsor SB 2436 today!

How to Protect Your Small Business From Cybercrime


How to Protect Your Small Business From Cybercrime

By: Steve Banke

By 2021, cybercrime will cost the world $6 trillion annually; that’s more than the GDP of Japan, the world’s third-largest economy. Here are a few helpful insights to better prepare your business to deal with the realities of cybercrime:

Human Error is Fatal

Statistics show that human error is responsible for a staggering amount of lost data, with either a mistake or loss/improper disposal behind 30% of data loss incidents. One of the most common instances of human error is falling prey to a malicious email. A Symantec report says that in July 2017, 55% of all email was considered spam, and that 1 in 359 were malicious.

Another source of human error is general negligence towards cybersecurity in the office. Training employees to properly lock down their workstations when they’re away is a great step towards preventing malicious threats from inside your business. Implementing dual authentication policies is a great way to deter hackers. Requiring employees to regularly change and randomize their passwords is another great deterrent.

Build Strong Firewalls

It seems so intuitive, but your business should take steps to protect itself from old school cyberattacks – and many businesses don’t have a proper firewall in place. Protecting your internet and server activity from outside threats is crucial, and easy to do with the proper procedures and knowledge.

The Future of Cybersecurity

In 2016 there were one million unfilled cybersecurity positions around the world. It’s becoming more apparent that there just aren’t enough qualified human beings to properly address the world’s cybersecurity needs.

The solution may be artificial intelligence that can comb through massive amounts of data, identifying threats as effectively as humans. It can work around the clock and identify trends and anomalies that would elude the attention of human analysts.

The good news for small businesses is that while the automation of cybersecurity is still absolutely essential, there’s still time to prepare. While cybercrimes against small businesses are still incredibly common, your business has a window to effect proper cybersecurity measures.

Conclusion

As a business owner, you have a responsibility to take cybersecurity seriously. It’s an ethical obligation to yourself, your clients, and your employees. Cybercrime isn’t something anyone wants to think about, but it’s a very real threat to the integrity of any business.

Steven Banke is the CEO and Founder of 3-Points, LLC, a privately held IT Services organization located in the Western Suburbs of Chicago.  Steve founded 3Points in 2002, which exclusively serves the technology needs small businesses and non-profit organizations.  Steve is a life-long resident of the Chicago area, and has lived in the Western Suburbs with his wife Cheryl for the past 30 years.

It’s National Small Business Week!


Every day is small business appreciation day at the SBAC, but did you know that April 29th through May 5th is National Small Business Week?

According to the Small Business Administration, since 1963, the President of the United States has issued a proclamation announcing National Small Business Week to recognize the critical contributions of America’s entrepreneurs and small business owners.

More than half of Americans either own or work for a small business, and they create about two out of every three new jobs in the U.S. each year. Every day, they’re working to grow small businesses, create 21st century jobs, drive innovation, and increase America’s global competitiveness.

During this designated week, via a national campaign, the public makes a point to celebrate entrepreneurs and shop local. Driving commerce to small businesses for a week is great; however, making institutional changes to empower and level the playing field for small business will have a much more lasting impact.

This is why the SBAC and our many advocacy partner organizations are laser-focused on creating critical mass and pushing a common-sense agenda. Now, more than ever, small business needs a seat at the table with decision-makers. We are the key to Illinois growing its way to economic stability.

Save Now with Early Bird Pricing for the SBAC Golf Event!


Early Bird pricing for the SBAC Golf Event is live for a limited time! Register now and save!

Join us on Thursday, July 26th, at the White Deer Run Golf Club for a fun-filled day of golf, lunch and a dinner reception! Registration and lunch open at 10:30am. Shotgun starts at 12:00pm.

Questions? Interested in sponsorship opportunities? Email Kathi Quinn at kathi@sbacil.org.

Thanks to our 2018 SBAC Golf Event Sponsors!

SBAC Springfield Lobby Days


This week SBAC leadership, members and staff spent two days in Springfield to advance our state legislative priorities. We met with over a dozen elected officials including Lt. Governor Evelyn Sanguinetti, Senate President John Cullerton, Senate Minority Leader Bill Brady, House Majority Leader Barbara Flynn Currie and House Minority Leader Jim Durkin.

The following day, the SBAC joined with other members of the Illinois Redistricting Collaborative for a press conference in support of the Fair Maps Amendment as well as a Senate Committee Hearing. You can view press conference highlights below, featuring remarks by SBAC Director of Communications & Public Affairs, Kim Brisky.