Existing business expansion is the single biggest source of job creation in the United States, accounting for nearly two-thirds of new jobs nationally, according to the Bureau of Labor Statistics. That’s why the Sacramento Metropolitan Chamber of Commerce is bolstering small businesses by kicking off a one-stop shop for regional employers looking to grow and expand.
Matt Yancey has been selected as the new CEO of the Davis Chamber of Commerce after serving more than seven years as the director of business and economic development at the Sacramento Metro Chamber. So how do you grow a city that’s been historically anti-growth?
Recently I had the opportunity to join 100 local business, nonprofit and public sector leaders on a four-day journey to Nashville, Tenn. to discover how this boot-scootin, honky-tonk city is thriving. Nashville has an identity no one can deny, and one this country girl couldn’t get enough of. But, let me tell you, it is so much more than a music town. Nashville is a thriving hub for business and forward thinking.
California’s business climate is well-known for being unfriendly. CEO Magazine has rated California as the worst state in which to do business for more than eight years running. Undoing Proposition 13’s provisions, as is currently being proposed, will make a big problem even worse by increasing taxes on the very businesses that create jobs and contribute to our economy.
The sharing economy is a collaborative economic movement inspired by the efficiency of loaning and sharing existing resources on a fee-for-service model. It reduces environmental waste while supporting financial sustainability and building stronger communities, and it’s having a bigger impact than you might realize.
After all these years since California voters passed Proposition 13, what will it take to have a rational discussion about amending the way commercial property is assessed?
Unscrupulous vendors are a small part of the so-called shadow economy – the unlicensed contractor for sure, but also a vast black market of businesses, often cash-only, working out of homes or garages, that don’t pay the taxes or licensing fees their competitors do. While profitable for the person getting away with it, this underground economy hits all of us right where it hurts – in the pocketbook.
Our local coffee roasters have been putting Sacramento’s coffee scene on the map. While roastery fame is an exciting addition to our Farm-to-Fork movement, it’s not the only way our local cafes are having a positive impact on our city. They also help…
Like many transplants to Sacramento, before moving to the area I had little awareness of the plethora of quality-of-life amenities the region has to offer. As I complete my first decade as a resident, it has dawned on me that this has been the longest stop thus far in my professional career.
This year could provide some of the first expansions in bank lending since 2008. So is the market back up to speed? No. But banks are slowly and smartly increasing their appetites for commercial lending, and the Capital Region will see its share of transactions.