Title: Removing Barriers to Small Business Growth: Los Angeles Mayor Aims to Streamline Processes
Introduction:
Los Angeles Mayor Karen Bass has recognized the struggles faced by small businesses in the city and has taken action to ease the barriers they encounter. With over 460,000 small businesses in Los Angeles, owners often find it difficult to navigate the complex regulations and red tape that hinder their growth. Mayor Bass has signed an executive directive to identify outdated regulations and streamline processes within city departments. This article explores the challenges faced by small businesses in Los Angeles and highlights the measures being taken by the Mayor to address these issues.
Challenges Faced by Small Businesses:
1. Zoning Issues: Many small business owners, like Mika Scott in the healthcare industry, face challenges in finding appropriately zoned spaces for their businesses. The process of finding suitable office spaces that meet their specific requirements can be daunting and time-consuming.
2. Delays in Opening: Scott’s experience also highlights the issue of delays faced by small business owners in opening their businesses. Despite finding a perfect office space, Scott encountered over a year and a half of delays, preventing her from operating her business effectively.
3. Outdated Taxes: The owner of Generales and Generales Fine Jewelers, Peter and Sylvia Generales, express concern over existing archaic taxes that have not been removed as promised by previous mayors. They mention taxes on chandeliers, sockets, and computers, which have nothing to do with inventory and hinder their business operations.
4. Crime Concerns: Small business owners, including the Generales, are also worried about crime in Los Angeles. The prevalence of crime affects not only their sense of security but also the safety of their employees and customers.
Mayor Bass’ Directive to Support Small Businesses:
1. Identifying Outdated Regulations: Mayor Bass has signed an executive directive that requires city departments to identify regulations that are outdated and negatively impacting the small business industry. This step aims to eliminate unnecessary barriers and improve the ease of doing business in the city.
2. Citywide Review: Within 90 days, all city departments are required to review their existing regulations and processes. This comprehensive review will help identify areas of improvement and streamline the procedures to better support small businesses.
3. Specific Results: Mayor Bass emphasizes the seriousness of her directive and expects specific results. She aims to address the concerns raised by small business owners and create tangible improvements that will facilitate growth and success.
Support and Suggestions from Small Business Owners:
1. Tax Breaks for Start-ups: Small business owners appreciate the mayor’s directive and have started providing suggestions. One such suggestion is to introduce tax breaks for start-ups, which would be an incentive for entrepreneurs to establish their businesses in Los Angeles.
2. Grants for Young Entrepreneurs: Another suggestion offered by small business owners is the introduction of grants for young people looking to start their own businesses. Such grants would encourage entrepreneurship among the youth and provide opportunities for economic growth.
Expanding on the Topic:
In addition to addressing the concerns raised by small business owners, it is crucial to consider the broader impact of supporting small businesses in Los Angeles. By creating a favorable environment for small business growth, the city can reap several benefits, including:
1. Job Creation: Small businesses are significant contributors to job creation in any economy. By facilitating their growth, Los Angeles can generate more employment opportunities and reduce unemployment rates.
2. Economic Stimulus: Small businesses play a vital role in generating economic growth and revitalizing local communities. Through increased revenue and spending, small businesses contribute to the overall economic stimulus of the city.
3. Innovation and Creativity: Supporting small businesses nurtures innovation and creativity. These businesses often bring fresh ideas and unique products or services to the market, which can enhance the city’s reputation as an entrepreneurial hub.
Summary:
Mayor Karen Bass of Los Angeles has taken a proactive approach to address the barriers faced by small businesses in the city. By signing an executive directive, she aims to streamline processes, eliminate outdated regulations, and create an environment that encourages small business growth. Small business owners have welcomed the directive and proposed suggestions like tax breaks for start-ups and grants for young entrepreneurs. Supporting small businesses not only helps to alleviate unemployment and stimulate the economy but also fosters innovation and creativity within Los Angeles. By prioritizing the needs of small businesses, Mayor Bass is paving the way for a more prosperous and vibrant business ecosystem in the city.
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Los Angeles is home to more than 460,000 small businesses, but many owners say there are too many barriers preventing businesses from getting off the ground and growing.
Mika Scott, a small business owner in the healthcare industry, shared her story, which is very familiar.
“Finding space to rent that was appropriately zoned for medical use was daunting,” Scott said. “For so long, I felt like the city was working against me instead of for me. Eventually, I found an office that was perfect for my needs, but instead of receiving assistance in opening, I was met with over a year and a half of delays that still keep me out of this space today.”
Another couple, who own a jewelry business in Toluca Lake that has been in existence for more than 50 years, says they find Los Angeles a good place to do business, but there is room for improvement.
“I think there are still some archaic taxes that exist today. Chandeliers, sockets, computers, nothing to do with inventory. A couple of mayors ago said they were going to remove it, but that didn’t happen.” said Peter and Sylvia Generales, owners of Generales and Generales Fine Jewelers.
The Generals also say they are concerned about crime.
Mayor Bass, at an event on Thursday, said she agrees with the city’s small business owners and signed a directive to do something about it.
The executive directive signed by Bass will give all city departments 90 days to identify which regulations are outdated and hurting the industry.
“I don’t believe in smoke and mirrors. This is serious. I want to see some very specific results,” Bass said.
Small business owners say they are encouraged by the mayor’s directive and are already providing suggestions, such as a tax break for start-ups and grants for young people to start their own businesses.
“It’s dealing with a bureaucrat in some department. They are not the important things of politics. It’s the little annoyances of getting things done,” said Los Angeles City Council Speaker Paul Krekorian.
https://abc7.com/amp/los-angeles-toluca-lake-karen-bass-small-businesses/13416262/
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