Monday, August 9, 2010

Crain's: Focused on Small Business

Over the past week or so, Crain's New York has been reporting on the challenges faced by small businesses and entrepreneurs in the city. City rules and regulations on stores, bars and restaurants are known to be archaic and difficult to understand and the enforcement of these rules by city agencies has often been described as "arbitrary" by those most affected.

Luckily, there appears to be a new focus on the needs of struggling small businesses by the Bloomberg Administration and the City Council. However, although the initiatives were launched 8 months ago, Crain's and many local business owners are skeptical that anything will change. In fact, there appears to be a lack of metrics on whether this effort is succeeding, prompting Crain's to publish their own.

So, Fifth Avenue, what do you think? Is the enforcement of city rules a difficult burden and, if so, are you hopeful that things will change for the better?

By the way, Crain's also published a nice, supportive article about the upcoming The 3/50 Project: Building Business From the Ground Up lecture with 3/50 Project founder Cinda Baxter (August 18th). Get your tickets at Park Slope Fifth Avenue Business Improvement District members get in free, as the BID is a sponsor!

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