Washington, D.C. - The Senate Committee on Small Business and Entrepreneurship today honored Anfinson Farm Store from Cushing, Iowa as the Small Business of the Day for National Small Business Week. This business, which was nominated by U.S. Senator Joni Ernst (R-IA), will be recognized in the Congressional Record of the U.S. Senate.
“Small businesses are the backbone of our communities, and in Iowa they make up 99 percent of all employers in the state,” said Senator Ernst. “In celebration of National Small Business Week, I wanted to highlight Anfinson Farm Store that has been a staple of the Cushing, Iowa community for a century. As a result of the Tax Cuts and Jobs Act, Anfinson Farm Store will be receiving significant tax relief and John Anfinson, the owner, is planning to invest his extra dollars in their most important resource: their employees. The $1,000 bonuses and 5 percent pay increases for all 7 of their full-time employees, along with the $400,000 in new equipment with one-year expensing, is not only helping the business, but the community. I am proud that small businesses like Anfinson Farm Store, and all our small businesses, call Iowa home and wish them continued success in the years ahead.”
Anfinson Farm Store has been run by the Anfinson family for about 45 years in Cushing, Iowa. The business started in 1918 as a general store and this year will celebrate 100 years of operation. After passage of the Republican tax plan, the family run business announced bonuses of $1,000 for employees and raised wages five percent for all full-time employees.
"Congratulations to Anfinson Farm Store for receiving this recognition," said Senator Jim Risch, chairman of the Senate Committee on Small Business and Entrepreneurship. "Our nation relies on its 30 million small business owners to keep our economy moving forward, and I'm glad we can highlight their individual and collective achievements this week."
For over 50 years, the President of the United States has issued a proclamation announcing National Small Business Week, which recognizes the critical contributions of America’s entrepreneurs and small business owners. As part of National Small Business Week, the U.S. Senate Committee on Small Business and Entrepreneurship takes the opportunity to highlight the impact of outstanding entrepreneurs, small business owners, and others from all 50 states and U.S. territories. As chairman, Risch honors America’s small businesses and entrepreneurs in the Senate regularly.