The Small Business Landscape
According to the U.S. Census Bureau's 2022 Economic Census, small businesses employ nearly half of all private-sector workers. On Long Island, Main Street businesses in downtowns and commercial districts are essential to community character and local economic health.
Regulatory Flexibility Act
The 1980 Regulatory Flexibility Act requires federal agencies to assess the impact of regulations on small businesses, promoting economic growth by ensuring regulations are appropriately scaled. Similar protections are needed at the state and local level.
Reducing Regulatory Burden
Streamlined Permitting
- Single business portal for all licenses and permits
- Combined inspections rather than multiple agency visits
- Extended license duration from 1 to 3 years
- Automatic renewal for compliant businesses
Small Business Exemptions
- Tiered regulations based on business size
- Simplified compliance options for smallest businesses
- Extended implementation timelines for new rules
- Penalty relief for first-time, non-willful violations
| Barrier | Current Problem | Reform |
|---|---|---|
| Multiple licenses | Separate applications to county, town, state | Single application portal |
| Inspections | Fire, health, building separately scheduled | Combined inspection days |
| Signage | Complex local sign codes | By-right permits for conforming signs |
| Outdoor dining | Annual permit renewals | Multi-year or permanent permits |
Access to Capital
Loan Programs
- SBA microloans for startups and small expansions
- Community Development Financial Institutions (CDFIs)
- State and county small business loan funds
- Emergency capital for weather or economic disruptions
Technical Assistance
- Small Business Development Centers (SBDC) at local colleges
- SCORE mentorship from experienced business owners
- Procurement assistance for government contracting
- Export assistance for international sales
Supporting Entrepreneurship
Incubators and Accelerators
- Shared workspace with low startup costs
- Business planning and mentorship
- Access to investor networks
- Specialized programs for technology, food, makers
Downtown Revitalization
- NY Main Street grants for facade improvements
- Pop-up retail programs to test new businesses
- Business improvement districts for marketing
- Mixed-use zoning allowing residential above retail
Data Sources
- U.S. Census Bureau - 2022 Economic Census
- Small Business Administration
- Empire State Development