Can Harris’s Economic Plans Sway Small Business Owners to Vote Democratic?

Published On Oct 28, 2024, 5:02 AM

Vice President Kamala Harris is emphasizing her commitment to small businesses during her presidential campaign. She has introduced economic policies aimed at supporting entrepreneurs, mentioning 'small business' frequently in her platform. This strategy seeks to enhance her image as a champion for smaller enterprises, contrasting her agenda with former President Trump's business reputation. Harris's focus includes easing regulations and increasing federal contracts for small businesses, drawing on her past efforts as vice president to support them financially through loans from the American Rescue Plan.

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The focus on small businesses is generally positive for sectors tied to consumer spending and local economic growth. KBH Group provides various services and has seen an uptick in demand related to small business incorporation and support. As small businesses thrive, demand for such services is expected to increase.

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Net new orders represent the number of new sales contracts that have been finalized and signed by buyers minus customer home order cancellations booked for the period.

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