Yesterday we read an opinion piece in the San Diego Daily Transcript and it got us thinking.
The article references Union Bank’s Small Business Economic Survey, which polled almost 3,000 business owners in California. They zoomed in on San Diego data, and found that in our area, business owners are feeling rather positive about the next few years in business.
But according to this article, such a positive outlook is not found outside San Diego County.
In addition, the article by Vince Vasquez states:
“ San Diego business owners rated state and local business taxes as the top challenge in running a business in California (40 percent), narrowly edging out the state economy (39 percent), which has been the top rated issue locally since at least 2009.
When San Diego County small-business owners were asked to identify their top business needs, poll respondents indicated:
- their desire for the government to focus on cutting business taxes (66 percent) and
- providing temporary tax incentives for small businesses (37 percent).
Facing a $57 million budget deficit in the next fiscal year, San Diego City officials will have few tax incentives to offer business owners. A new approach will be needed.”
Here is where we really got excited. Perhaps the new approach can include more businesses taking advantage of Small Business Development Center and the Center for International Trade Development services:
- Small Business Advisor Gabriel Reyes mentioned how he has helped business owners to use ProfitSense software to better understand their financials and identify areas for saving.
- Small Business Advisor Bill Martinez told us about how he helped a small business owner work on his credit score, so he could negotiate a better rate on business debt.
- Programs Coordinator Ken Clark explained how he worked with an entrepreneur to review sample legal agreements in order to save money when meeting with an attorney.
These are a few ways small business owners can use SBDC and CITD services when managing their companies. What type of assistance would most help your small business?