ipl-logo

Essay: Doing Business In NY

581 Words3 Pages

Doing business in NY
The state of New York is home to over 20 million people; a staggering 9 million people live in New York City with other sizable portions of the population living in the other large cities such as Syracuse, Buffalo and Rochester. As of 2014, the state’s $1.4 trillion economy was ranked third in the nation behind that of California and Texas. The economy of New York is fueled by strong real estate market and construction industry, fast growing tech sector and growth in the traditional banking and financial sector. The financial sector employs about 300,000 people and is one of the largest sources of taxes for the state.

In terms of business, New York recently surpassed San Jose, the business hub of Silicon Valley as the top city for small business. The state is home to over 2 million small business owners. Every year, the state offers a host of incentives targeting businesses that want to operate or expand. The inducements include tax incentives, financial support, innovative technology and resources and training for growing businesses. To lure small businesses and lessen the burden experienced by business owners, the state supports several tax programs. One such program is the “Startup New York”, which gives 10 years of tax free operation to businesses operating in certain locations, …show more content…

Through its experienced team of mentors and volunteer business professionals, the New York Score brings offers free counsel and guidance to business owners looking to establish new business or grow their businesses in the state. The US Small Business Association, on the other hand, offers grants, financial support and counseling services to business. Members also enjoy access to government contracts and natural disaster

Show More
Related

Bus 330 Assignment 1 Rule Of The Road

546 Words | 3 Pages

With the Federal government providing small business contracting opportunities the federal government finds them self in a “win-win” situation. By doing business with the federal government, small-businesses receive the revenue needed to maintain and create new jobs. The federal agencies, in turn, receives the creativity and technical

Read More

Mid Penn Executive Summary

1200 Words | 5 Pages

Under the SBA Program, customers receive funds for starting up a business with a reduction in fees, higher guarantees, and expanded eligibility. Small business loans are a big aspect of Mid Penn since they help their community grow hence why commercial and industrial loans made up 14.6% of Mid Penn’s total

Read More

Tax Advantages For Companies In Delaware

143 Words | 1 Pages

Delaware is considered to have one of the most flexible laws to form a company. Even if you are not a Delaware resident, you can hire an agent in Delaware for certain fees which will represent your company in case you get sued. Also, Delaware has more number of permitted corporate indictors than any other states. These permitted corporate indictors are: Association, Club, Company, Corporation, Foundation, Fund, Incorporated, Institute, Limited, Society, Syndicate, Union, and any of these abbreviations: Co., Corp., Inc., or Ltd. Delaware offers legal and tax advantages for companies registered in their state.

Read More

Summary Of Chicago Metropolis 2020

778 Words | 4 Pages

“Business Corporations are… increasingly attracted by those regions that offer a large and diverse supply of highly skilled talent… large consumer markets; wide array of technical and

Read More

How Did Jane Addams Create A Place For Homeless Women During The Industrial Revolution

849 Words | 4 Pages

Businesses started

Read More

Washington Dc Essay

2857 Words | 12 Pages

Washington D.C was founded on July 16, 1790 by George Washington; it was established by the constitution to serve as the nation’s capital in 1800. Since George Washington, was the first president of the United States the nation’s capital was given his name. He chose the site and appointed three commissioners to help prepare for the arrival of the new government in 1800. In 1800 the federal government consisted of 131 employees. From the beginning it has been embroiled in political maneuvering, sectional conflicts, and issues of race, national identity, compromise, and of course power.

Read More

Tax Memo

676 Words | 3 Pages

Given that the tax is a Chicago-specific ruling, there is now incentive for companies to do business outside of city limits to avoid taxes. Due to increasing concerns from small-business owners, city officials are considering exempting startups from the tax based on their revenue. Collectability Another concern with this tax as is a reinterpretation of two older taxes.

Read More

Starting A Business: Good To Great By Jim Collins

1332 Words | 6 Pages

They serve as a starting point for people to obtain knowledge and insight about what it takes to run a successful business. These guides can provide precedents for future business success and help individuals understand the challenges that come with owning a business. Moreover, with other people's experiences and learning from their mistakes, people can gain valuable insights into what works and what doesn't. Ultimately, business guides can be a starting point in changing someone’s life, enabling people to face more challenges, knowing that others have faced and overcome the same challenges, and developing a broader perspective that will benefit the business. A business guide can be a starting point in changing someone's life.

Read More

New York City Police Essay

1442 Words | 6 Pages

The largest city in the Untied States has around 36,000 officers today enlisted to keep it safe. With a population of about 8.5 million people New York City remains at the top ranks of even international charts, and is only expected to grow. In 1624 Dutch explorers made a home near

Read More

Essay On Being A Black Entrepreneur

629 Words | 3 Pages

With this, I introduce my Community Service Initiative, “Supporting Black Owned”, to bring awareness on the importance of black owned businesses and encourage entrepreneurship within the local community.

Read More

Atlantic City Essay

879 Words | 4 Pages

Atlantic City was once the powerhouse of the east coast raking in tourists, large sums of money, and monopolizing the gambling industry. Nick Paumgarten wrote “The Death and Life of Atlantic City”, which states “The casino closures in Atlantic City have contributed to the loss of nearly 10,000 jobs, according to the Bureau of Labor Statistics” (102). Four out of the twelve casinos closed which contributed to 8,000 of those jobs. Three of the remaining casinos are currently facing bankruptcy which contributes to the other 2,000 people left jobless. The question Atlantic City is faced with a matter of needing more gambling or less?

Read More

Essay On How To Create Wealth In America

791 Words | 4 Pages

While there are no guarantees in starting a business, it is a much more rewarding work. Starting a business can also create the opportunity for more jobs or partnerships, further stimulating and impacting the economy in a positive way. There are also many tax advantages, briefly explained before, that business owners can use to help offset the cost of running a company. Owning business should never be used as a tax shelter to not pay the government, but rather a way to work with the government to ease certain tax stresses. These advantages can range from business travel, to sponsorship programs, to certain meals, and even a round of golf or two.

Read More

Essay On Small Business Regulations

972 Words | 4 Pages

Of course their are many factors that are effecting small business start ups, including taxes and their current market worth. (Deducting Business Expenses) If the government would shift the regulations to larger established businesses it would allow the small businesses to be able to prepare for these regulations. The U.S. productivity growth rate is nearly half of its historical rate at a whopping of 1%. (Small Business Facts)

Read More

Kwast: A Supra-Cultural Analysis

216 Words | 1 Pages

Even so, with all of this background work to be done and learned when entering a different culture missionaries need to hold on to the call that God placed on their lives. Anyone can go to a place and live there, but only through Christ can someone truly understand a different community and somehow transform a community into one that loves Christ. Kwast puts it like this “it is true that anyone can grow to appreciate various different cultures, and even communicate effectively in more than one, one can never rise above his own, or other cultures, to gain a truly supra-cultural perspective” (Kwast 397). No matter where missionaries go or how close missionaries get to the people they are ministering to they will never become 100 percent insiders

Read More

Literature Review On Startup

984 Words | 4 Pages

Literature Review: The purpose of this chapter is to present a review of literature relating to start-up business. The following are the literature review by different authors and different research scholars. Weiss: made a study in US and concluded that small businesses are generally less efficient when compared to large administrative companies and concluded that on an average, about half of total shipments in the industries covered are from suboptimal plants.

Read More

More about Essay: Doing Business In NY

Related Topics

Open Document