News coming out of Stockton this week reveals the perspective of the SBA Chief, Jim O’Neal. At the Stockton Summit, O’Neal discussed the opportunities and challenges that the economy offers small businesses in California. Despite the fact that there are quite a few difficult obstacles such as: lower consumer spending and hesitant banks; there are also a number of opportunites that businesses can take advantage of. Some of the keys that O’Neal discussed were:

• A rich workforce to pull employees from
• Lowered prices for inventory
• Lower real estate costs

In addition to these helpful benefits, companies can also take advantage of their local enterprise zone program, which could be saving your company a considerable portion of the your tax expenditures. Contact us today if you are interested in seeing what the state has allocated to you.

Tags: california, Enterprise Zone Program, Jim O'Neal, SBA

This entry was posted on Monday, October 26th, 2009 at 4:38 am and is filed under Tax News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.