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Dec 3, 2021 · California’s small businesses waded through COVID to a rebound in consumer spending, only to face rising costs for supplies and wages.
Feb 2, 2021 · Why are more people taking the plunge and launching ventures during a global pandemic? Experts aren’t sure. “It’s a significant increase,” said Mark Herbert, vice president in California for Small Business Majority, a national organization advocating for small businesses.
- Pamela Kan
- Small Businesses-Focused. According to Business News Daily, small businesses make up 99.8% of all businesses within California and employ 48.8% of the state's workforce, making them a vital part of the state economy.
- Strong Economy. California is the fifth-largest economy in the world. Don’t skim over that statistic. This one state is in the top five largest economies in the world.
- Access To A Strong Customer Base. California is the most populated state in the country, with 39 million-plus residents. No matter what type of business someone is running, from consumer to B2B, that is a significant number of possible customers.
- Access To Top Talent. California is home to some of the most respected schools in the world, and doing business here can often give a company the top pick of graduates.
Jul 28, 2021 · And while some large companies raked in record profits over the past year and a half, small business owners say several factors — including the possibility of new restrictions, difficulty hiring staff and inadequate child care — make the coming months feel uncertain, which is preventing California from making a full comeback.
Jul 14, 2021 · California small business owners are still dealing with pandemic fallout and marginalized groups face additional obstacles to loans.
Nov 9, 2021 · Creating the largest small business relief program in the nation, the Governor has advanced $4 billion in direct grants to California’s small businesses – on top of $6.2 billion in tax relief and an additional $120 million for the California Competes Tax Credit grant program.
People also ask
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Jul 14, 2022 · California received an F grade in terms of cost of living, cost of doing business, and “business friendliness,” which looks at how hospitable states are to burgeoning businesses, and how...
