How can we cut red tape for small businesses through zoning?
In the City of Chicago, every business license, location expansion and change of location application needs to be reviewed and approved by the Zoning Board of Appeals before a business license application can be processed. For a business owner to submit proper documentation, they must identify which business use to classify their business. In the City of Chicago, there are over 22 pages of business uses - a portion of which are outdated and with a noticeable omission of modern ways to incorporate businesses into the city economy.
The SBAC believes in cutting red tape for small business owners. Simplifying and downsizing the list of business uses will make it easier for small businesses to obtain proper zoning credentials in a timely fashion. By identifying the antiquities in Chicago’s zoning classification system, we can further encourage entrepreneurs to look beyond the boundaries of traditional business structures.
Support Small Business and Prevent Foreclosures
The COVID-19 pandemic continues to have a devastating impact on the small business community. Many small businesses are struggling to pay their employees and rent. Commercial property owners cannot pay their mortgage when their small business tenants cannot pay rent. Without swift action, small businesses will fail and foreclosures will skyrocket. Federal Legislation Needed The…
SBAC’s Elliot Richardson on WGN Radio
SBAC’s Elliot Richardson talks with Anna Davlantes on WGN Radio about the impact the pandemic has had on the small business community. There has never been a more important time to stand with small business than right now! Listen to the whole 8-minute interview here: Listen to the Interview Here
Restart Act
THE RESTART ACT The RESTART Act provides a new loan program to fund six (6) months of payroll and fixed operating expenses. Some, or the entirety of the loan, is eligible for forgiveness. The amount that is not forgiven is to be repaid over seven years with favorable interest rates. The loan is 100% guaranteed…