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Erie County to Assist Storefront Renovations

Erie County recently announced a program designed to assist small businesses that may have lost revenue during the COVID pandemic, helping them with exterior façade upgrades and improvements that will in turn attract new customers, business and revenue. The program will grant eligible small businesses in Erie County up to

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NY’s Tax Climate Again Ranks at National Bottom

Today, the Tax Foundation (an independent tax policy think tank) released its 2022 State Business Tax Climate Index. The report compares all fifty states on various tax policies, then ranks their overall business tax climate. New York ranked below every state except New Jersey. The poor ranking comes as no

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12.3.21 Advocacy Alert: NYS Agencies Will Add Small Biz Liaisons

Governor Kathy Hochul recently signed legislation that will create “small business liaisons” at five key state agencies.   The position will be created within the Departments of:  Agriculture and Markets  Environmental Conservation  Labor  Transportation  Taxation and Finance  The liaisons, who must be existing agency employees, are tasked with:  Serving as a direct point of contact for small businesses  Providing

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Advocacy Update: House votes to delay overtime rule

In a vote of 246-177 along party lines, the House passed a bill aimed at delaying the Obama Administration’s far reaching overtime regulations.  The Regulatory Relief for Small Businesses, Schools and Nonprofits Act would delay for six months the mandatory overtime rule that makes 4.2 million more Americans eligible for

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Attention All Family Owned Businesses

Attention all family owned businesses – in August, the Internal Revenue Service (IRS) proposed a rule that would dramatically reduce the valuation discounts currently available to family owned businesses looking to transfer ownership to the next generation. The Partnership is deeply concerned with the proposed regulation, as we believe it

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Why Consider Exporting?

At many points in the strategic growth of a business, business leaders will often ask the question, why should I consider exporting? I can answer this question with a simple answer, because exporting is good for your bottom line! According to experts from the U.S. Commercial Service, more than 70

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$15 minimum wage will ripple beyond fast food industry

The decision to drastically hike the hourly wage for fast food workers in New York to $15 an hour will ripple well beyond the fast food industry and will do nothing but further disadvantage businesses and job opportunities in this state. The higher wages will be phased in over the

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NYS Budget Countdown: proposed minimum wage hike

With just weeks to go before the state’s budget deadline, the Partnership is working hard at home and in Albany to make sure our key state priorities are addressed. Last week, I lead a group of Partnership members to Albany for our annual Lobby Day. The group met with members

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