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Challenges affecting small businesses in New York City
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ยท
39 sec
Council Member Feliz outlines the difficulties faced by small businesses in New York City, particularly in navigating and complying with regulations from numerous city agencies. He acknowledges the need for regulation while highlighting efforts to reform unnecessary restrictions.
- Mentioned the struggle of starting and maintaining a small business in the city
- Discussed the difficulty in navigating and complying with regulations from multiple agencies
- Highlighted the council's work to reform burdensome restrictions and penalties
- Referenced Local Law 80 and Local Law 151 as models for reducing regulatory burdens
Oswald Feliz
0:01:59
But it can be a struggle to start and maintain a small business in our city.
0:02:04
For some business owners, the difficulty lies in navigating and complying with regulations from numerous city agencies.
0:02:12
Although the regulation of products and services sold are necessary to keep consumers and workers safe, this council has worked hard to reform unnecessary, burdensome restrictions and penalties.
0:02:25
Local Law 80 and Local Law 151 both stand as models for effectively reducing regulatory burdens and compliance costs without compromising the protections of consumers, workers, and, of course, communities.