Saturday Shot in the Arm for Nevada Small Businesses?

November 21, 2023

Saturday Shot in the Arm for Nevada Small Businesses?

FOR IMMEDIATE RELEASE Contact: Tray Abney, Nevada State Director, tray@abneytauchen.com or Tony Malandra, Senior Media Manager, anthony.malandra@nfib.org CARSON CITY, Nev., Nov. 21, 2023—Small Business Saturday is upon us and by the end of the day, November 25, Nevada’s Main Street entrepreneurs will either be exhaling a brief sigh of relief that their operations can continue at least through another holiday season, or that they will be making calculations for reducing hours, scaling back hiring and overtime, or – worst of all – throwing in the towel and closing up shop. “Nevada’s small business job-creators are the backbone of our state and will be responsible for putting holiday feasts on the tables of tens of thousands of Nevada families this year,” said Tray Abney, Nevada state director for the National Federation of Independent Business (NFIB), the nation’s leading small business association. “While large, Wall Street-traded retailers receive most of the attention this time of year, we want to urge every Nevadan to visit the shops owned by your friends and neighbors on Small Business Saturday.” According to Wikipedia, “First observed in the United States on November 27, 2010, Small Business Saturday is a counterpart to Black Friday and Cyber Monday, which feature big box retail and e-commerce stores respectively. By contrast, Small Business Saturday encourages holiday shoppers to patronize brick and mortar businesses that are small and local.” The typical NFIB member employs 5-9 people and reports gross sales of about $500,000 a year. Although spending on Small Business Saturday came in at just under $18 billion last year, that amount was lower than the two previous years. “Small business owners have been struggling all year with finding help, with inflation, and with wondering if Congress will extend the 2025 end date of the Small Business Deduction, which so many take advantage of on their federal tax forms,” said Abney. “So, it’s not a good time for them. Will having a good Small Business Saturday change all that? No. But for people who operate enterprises on the thinnest of profit margins, every little bit helps.” NOTE TO EDITORS—Abney will also be available on Small Business Saturday for any comment you’d like on state and federal policies related to the health and welfare of small businesses. Keep up with the latest Nevada small-business news at www.nfib.com/nevada, where this news release can also be found, or by following NFIB on Twitter @NFIB_NV. ### For 80 years, NFIB has been advocating on behalf of America’s small and independent business owners, both in Washington, D.C., and in all 50 state capitals. NFIB is a nonprofit, nonpartisan, and member-driven association. Since our founding in 1943, NFIB has been exclusively dedicated to small and independent businesses and remains so today. For more information, please visit nfib.com. NFIB Nevada Abney Tauchen Group 775-443-5561 Reno, NV NFIB.com/NV Twitter: @NFIB_NV