[Source: Los Angeles Business Journal] Small businesses across Los Angeles have seen a boost in sales and project continued growth through the end of summer, according to a new survey released March 13. The survey, by 1st Century Bank in conjunction with Beacon Economics, showed optimism and expectations of growth among small businesses in Los Read More…
Tag: small business
Los Angeles small business attitudes
[Source: 1st Century Bank and Beacon Economics] Small companies are drivers of ingenuity and progression, yet within the economic sector, their contributions are often overlooked. The media relies largely on macro data — primarily GDP and the S&P 500 (a snapshot of the largest 500 publicly traded companies) — to gauge the health of the Read More…
Small business lobby opposed to GOP tax bill
[Source: The Hill] A top small business group has come out against the Republican tax-reform bill, arguing the legislation “leaves too many small businesses behind.” “We are concerned that the pass-through provision does not help most small businesses. Small business is the engine of the economy. We believe that tax reform should provide substantial relief Read More…
Small-business owners aren’t happy with government
[Source: L.A. BIZ] Washington’s ongoing showdown over tax reform appears to be doing little to buoy the nation’s small-business owners, a majority of whom say regulations and other aspects of government are far more important to their day-to-day operations. That’s according to a report released today by Thumbtack.com, a website that connects consumers with local Read More…
South Coast Air Quality Management District bullies small businesses in minority communities
[Source: Compton Herald] The South Coast Air Quality Management District’s flawed monitoring program recently cost a minority-owned business in Paramount $100,000 in lost wages; dozens of workers were let go. We’ve all heard the stories of local polluters impacting the air we breathe, the ground we live on, and the water we drink. However, most Read More…
New laws: Governor acts on employment-related bills
[Source: CalChamber] Governor Edmund G. Brown Jr. has now signed or vetoed employment-related legislation passed by the California Legislature in 2017. Governor Brown did not finish acting on many of the bills until just before midnight Sunday night. As usual, labor matters were among the hardest fought issues on CalChamber’s agenda. A few of the Read More…
Minority-owned businesses thrive in California…but
[Source: Fox & Hounds] According to the U.S. Census Bureau’s Annual Survey of Entrepreneurs, California is leading all states in minority-owned and women-owned employer firms—and by a good margin. When it comes to numbers, California is expected to run up big scores because it is the most populous state. But, the mix of minorities in the Read More…
Don’t tax family businesses out of California
[Source: Fox & Hounds] Family businesses are the bedrock of our communities and the economy. A recent study showed that the state’s 1.4 million family businesses employ 7 million people. Family businesses tend to pay their employees better, train them better, and provide more generous benefits than non-family companies. We’re also less likely to significantly Read More…
CalChamber-supported Prop. 65 litigation reform passes policy committee
[Source: California Chamber of Commerce] A California Chamber of Commerce-supported bill — AB 1583 (Chau; D-Monterey Park) — improves transparency and reduces litigation costs in Proposition 65 cases against California businesses passed an Assembly policy committee yesterday. Proposition 65 was designed to protect California’s drinking water from chemicals known to cause cancer or birth defects, Read More…