From politics to taxes to sports, here’s a look at what’s happening in small businesses this week.
Score New York City, a non-profit organization that mentors local small business owners, cut the ribbon yesterday on their new location in Brooklyn Heights. [New York Business Journal]
A recent study shows that SBOs are now turning more toward bigger banks for loans, where loan approval rates are higher for small businesses. This becomes an important decision with the deadline to file taxes approaching. [New York Daily News]
Nebraskaland, a family owned meat distribution company in the Bronx, has raised their minimum wage from $10/hr to $15/hr, hoping to increase company morale and decrease turnover in employees. [The New York Times]
The City Comptroller’s Office released a study showing that the Buildings Department has been crushing small businesses with up to six month wait times for approval to open. [Crains]
Small fantasy sport businesses are protesting a New York licensing fee proposal of $500,000, arguing that the fee will make New York too expensive for all fantasy sport businesses besides the big names like DraftKings and FanDuel. [Boston Globe]