By LIDDIE MARTINEZ
President, Los Alamos Region
Enterprise Bank & Trust, Member FDIC

One of my favorite parts about working in Los Alamos is visiting and supporting the small businesses that are integral to our town’s foundation.

The past few years have proven to be challenging for every industry, especially local small businesses. 

Ongoing market instability has made it increasingly difficult for business owners to attract and retain employees. According to a 2022 Alignable Small Business Labor Poll, 60 percent of the 6,367 small businesses surveyed said that the labor shortage is still affecting them.

Two of our on-demand Enterprise University courses may be helpful to small business owners who are currently struggling. As a reminder, several recordings of past Enterprise University no-cost business education courses are available on the Enterprise website for later viewing. 

Recruiting & Retaining Talent in 2022: The demand to fill open positions is exceeding the available workforce supply. In this course, you’ll learn how to navigate the current recruitment environment and discover strategies to help you find candidates that align with your company’s workplace culture to promote long-term success. 

Employee Retention Tax Credit: The Employee Retention Tax Credit (ERTC) can generate up to $33,000 per employee for a business. Despite the October 1, 2021 expiration date, you can still take advantage of ERTC if your business is eligible. If you didn’t previously file for the credit, you may file for an ERTC refund. 

While owners are focused on investing in their teams, let’s not forget to invest in our small businesses and show them our community’s support.