In a major announcement acknowledging small businesses and how members of this chamber would benefit and thrive more with less red-tape, burdensome regulations and fees, Los Angeles Latino Chamber of Commerce Chairman Darrel Sauceda recently appeared with Los Angeles City Mayor Karen Bass in supporting a new executive directive to help reduce barriers to small business growth.
“People want to start and grow their business in Los Angeles, but over the years, City Hall has made those dreams harder to achieve by requiring fees upon fees and complicated and time-consuming approval processes,” said Mayor Bass at the news conference attended by leading business leaders and local business owners.
The Mayor’s Executive Directive requires a review of business taxes and fees to reduce costs for small business owners, an assessment of existing timelines and processes associated with starting and operating a business in LA, and an analysis comparing business regulations and approaches between different jurisdictions to foster business growth and to attract new businesses.The move was prompted by data collected from City departments showing small businesses are responsible for 99% of all businesses opened since 2022 and have employed 63% of net new jobs in the city. New developments and updates about Mayor Bass’ new executive directive and how it will impact LALCC members and Latino businesses will be provided in future newsletter articles and events. Stay tuned.