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AGENCY TESTIMONY

Regulatory reforms and small business savings

0:10:06

ยท

33 sec

SBS has implemented initiatives to help small businesses navigate regulations and achieve significant cost savings.

  • Over $50 million in small business savings achieved through the NYC Business Express Service team and regulatory reforms
  • More than 100 regulatory reforms enacted through Local Law 51 of 2023, stemming from the Small Business Forward initiative
Dynishal Gross
0:10:06
Every day SBS works to help small businesses understand regulations and avoid unnecessary fines and fees.
0:10:15
Last month, City Hall announced small business savings of over $50,000,000 through the dedicated work of the New York City Business Express Service team and the city council's partnership in enacting more than 100 regulatory reforms stemming from the small business forward initiative through local law '51 '20 '20 '3.
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