America Needs Small Businesses: $5.9 Trillion+ in GDP

Hey Moneda® Family,

National Small Business Week officially kicks off today to highlight, celebrate and support the 33M+ Small Businesses that power the American Economy.

Small Businesses drive 44% of Economic Activity and the last report from 2014 that needs to be updated states that they are responsible for $5.9 Trillion in GDP.

More importantly, the families behind the Small Businesses are the ones responsible for our children having new soccer jerseys for their sports team to and in addition to being our neighbors, they contribute more than anyone to our local communities.

America's Backbone is your neighbor and we must equip them to become more competitive as a country.

Read more about it in today's David and Goliath.

Small Business America

• Small Businesses are responsible for 2/3 of new job creation
• Small Business have nearly half of America's Workforce on their team
• Small business exports comprise roughly 35 percent of U.S. exports according to the Office of Advocacy for the SBA

Key Takeaway(s)

• America Needs Small Businesses to Compete: America is facing challenges in production, innovation and increasing the growth of our economy. Small Businesses need to be empowered to fill that gap to increase the competitiveness of America.

1 Samuel 17:45 "David said to Goliath, the Philistine, “You come against me with sword and spear and javelin, but I come against you in the name of the Lord..."

America Loves You

• Small businesses, in fact, receive by far the most positive reviews of any of the nine U.S. institutions we asked about, outranking even the military and churches.
• Most U.S. adults (86%) say small businesses have a positive effect on the way things are going in the country these days, according to a recent Pew Research Center survey
• Only 43 cents of every dollar stays within a local community when you don't shop at a local small business

Key Takeaway(s)

• Be Local: When you shop locally at a Small Business, the opportunity for the economic benefits to remain locally increases significantly. That means more opportunities to get more local soccer jerseys for your child's team and local tax revenue for your community.

How Moneda® Helps Small Businesses

Moneda® empowers local small businesses by giving them visibility in their local neighborhoods through discovery and direct access to chat with their community.

Moneda®'s Open Banking, Cyber Resilient and AI powered platform is solving the card and junk fee problem costing America's Small Businesses $170B+ annually.

Moneda®'s Cloud Based Platform does not require additional equipment or labor which will result in operational efficiencies and cost savings for Small Business Owners

Moneda® already includes Cybersecurity in its platform for America's Small Businesses that cannot afford cybersecurity solutions or don't have time to devote to it

The State of The Union for Small Business

As we navigate the dynamic landscape of 2024, it's time to seize the opportunities that lie ahead and propel your business to new heights. Here is Moneda® first State of the Union for Small Business America that include insights and key takeaway(s) that we can expect in 2024.

Read: The State of The Union for Small Business in 2024

Moneda® Community Spotlight

• Meet Danitza James, M.S.W , an Army Veteran, Leader, Veteran Advocate, the CEO of Repatriate Our Patriots and a Board Member at the ANSO - Association of Naval Services Officers
• Danitza "Dee" James is the daughter of Mexican Immigrants and courageously signed up to serve in our nation's military that includes combat deployments in support of Operation Iraqi Freedom-
• She is a passionate advocate for Deported Veterans who honorably served our country, but did not receive their citizenship with many currently living in exile
• Support the Repatriate our Patriots Mission Below 👇

How Moneda® Helps End Veteran Homelessness

Join our Buy Veteran, Save a Veteran Campaign

When you buy from local small businesses on Moneda®, we give a portion of all sales to our End Veteran Homelessness Promise.

• Saving Veterans: Support The Repatriate Our Patriots mission by helping them honor Military Veterans service regardless of their citizenship status, by providing unwavering advocacy, support, and resources, ensuring that no veteran faces deportation and fostering a community that values their contributions and sacrifices.
• Tap on this Moneda® Cyber Link: Pay By Bank or Scan the QR Code below to Donate

How you can help America with Cybersecurity

Cybersecurity is National Security: In the last David and Goliath, we highlighted the importance of securing yourself as a Small Business since you are the most vulnerable and always one of the first targets. Here are the numbers:

• Damages will reach an estimated $10.5 trillion by 2025 – marking a 300% increase from 2015 levels
• Almost three-quarters (73%) of US small business owners reported a cyberattack in 2023.

How you can Help: If you are a Veteran or an aspiring IT professional interested in protecting Small Businesses and America, here is an opportunity by the award winning Small Business Sabio School of Software Engineering to become Cyber Ready:

• What: Accelerate your journey in networking excellence with Sabio's Comprehensive CompTIA Security + Training Class. This program is meticulously crafted to equip individuals with the skills and knowledge needed to excel in the dynamic field of network administration
• When: May 1, 2024 - July 5, 2024
• Learn More: Here

Alumni:

National Small Business Week

For more than sixty years, National Small Business Week has served as the U.S. Small Business Administration 's annual tribute to America’s small businesses and innovative startups – the tireless engines of our economy and backbones of our communities.

Virtual Summit April 30-1 May 2024

• Don’t miss the free for aspiring entrepreneurs and small business owners.
• This year’s summit will feature access to critical federal resources, educational workshops, and networking opportunities to help entrepreneurs start, grow, and build resilient businesses.
• Register: National Small Business Week Virtual Summit (virtualtradeshowhosting.com)

About Moneda®

• Who We Are: Moneda® is America's Small Business Platform and Veteran Owned. Our Open Banking, Cyber Resilient and AI powered platform is solving the card and junk fee problem costing America's Small Businesses $170B+ annually.
• Mission: Our Mission is To Inspire Community, Your Spirit, and Create Economic Opportunities for All
• End Veteran Homelessness: When you buy from local small businesses on Moneda® , we give a portion of all sales to our End Veteran Homelessness Promise
• Register: Join Moneda® by clicking on Here or Scan the QR Code below: Here