when the business asked me to help. and among them i can see quite a lot of businessmen unfortunately in jail and according to my opinion to the binion's. we have a special. legal so we. public summary of every case which is sent to me we have a special institution which is called the central business against corruption which was organized by below i see one of the union business unions and the ministry of economic affairs economic. ministry we cannot mix of russia. and they do the same and the scene here in north is rate his rights were abducted and we help and when i see how many people really suffer in russia some of them in jail you mentioned it in one of your interviews that the main targets your target audience the people that you first do want to help are the medium size and the small businesses but most of our television of usual say that that business in russia where money is generated is oil and gas and the big business is the giants so is the small business really as relevant as to as to build a structure like

openers and hear from the campaign and business owners on who it will help out the most. that's on this special edition of "your business." >>> small businesses are revitalizing the economy, and american express open is here to help. that's why we are proud to present "your business" on msnbc. >>> hi there, everyone. i'm j.j. ramberg. welcome to "your business," the show dedicated to giving you tips and advice to help your small business grow. on tuesday voters around the country will head to the polls to cast their ballots in the 2012 presidential election. that includes millions of small business owners, a constituency that both candidates have fiercely chorded. the issues facing small business owners have taken center stage during much of the campaign, so today we devote our show to issues we as owners face as we get ready to cast our votes. we start by examining the candidates' positions in two key areas. >> in small business that creates business in america. >> governor romney and i do share the business world. >> the issues confronting small businesses have been ge

small businesses are the center of her agenda. congress under her leadership gave 27 million small businesses tax cuts. two main pieces of legislation -- the small businesses jobs act in the information you have, will create a total of 500,000 jobs and create eight tax cuts. they are all described in the packet you have. also, unleashing up to $300 billion in credit for small businesses to access. there are another eight tax cuts that were passed through a number of different laws. some of our panelists will address those. even though now we are in an environment where there is a republican majority in the house and a slimmer majority in the senate, please note that the leader and democrats are going fight hard to keep their agenda and restart our economy, and there will be more work to be done. i would like to hand over the podium to nicole rivera, who put this together. she will introduce the panelists and go over some logistics. i want to point out quickly that we are being recorded by san francisco government tv. the camera in

to support the business. also, they relied on home equity lines of credit, which in many cases do not exist anymore, also as a source for financing their business. as far as doing public contracting, one thing about public contract in that you can count on is the city of san francisco will stay in business and pay its debt, just later than you would like it to be. when you're doing public contract thing, if you will, cash cycle -- when you do the work and when you get paid is something you have to factor into your understanding of capital needs. so you have to figure that into the process. usually, that is figured into the pricing. but it is also the case that would you also probably need is a line of credit. depending on whether you feel your credit situation is where you want to go to a bank like wells fargo or another regulated bank, and line of credit, or work for a working- capital type of loan, which is something you look to do, the opportunity fund. you probably want to try both avenues. as far as your

the city. small businesses with less than 250,000 dollars in payroll costs are exempt from the tax. proposition e would create a new city business tax based on gross receipts rather than payroll costs. under the new system, the tax on payroll cost would be eliminated or reduced. businesses with gross receipts of less than 1 million dollars annually will be exempt from the gross receipts tax. the gross receipts tax rate would vary depending on the type of business and its annual gross receipts from its activity in the city. certain businesses that have their headquarters or administrative offices in san francisco that operate primarily in other locations would pay the gross receipts tax based on payroll costs. proposition e would require the city to phase in the gross receipts tax and phase out the tax on payroll costs over a 5 year period beginning in 2014. if the gross receipts tax revenue exceeds the revenue the city would have received under the tax on the payroll costs, then the tax on the payroll costs will be phased out and the final gross receipts tax rate will be lower than t

these are the small businesses of america, and all across the nation they're getting ready for their y. hundreds of thousands of small businesses are preparing for november 24, a day to open doors, and welcome the millions of customers

the u.s. small business administration. the small business administration covers not only san francisco proper but the bay area. the severed his third district is responsible for a business loan portfolio of 12,000 loans worth $4.2 billion. in 2009, the sba approved $500 million in lending. next, we have the executive director of the san francisco small business office. she was in san francisco in 1986 to open the buffalo exchange limited store, and in the 13 years she worked for buffalo exchange, tennis district manager, she held her open the company from four to 11 stores. in 2009, the mayor appointed her as executive director to the office of small businesses. next, we have the ceo of opportunity funds. he has combined his background as a community organizer with an education from stanford to develop an innovative, not-for- profit financial incision that uses market principles to affect systemic change. it operates one of the nation's largest individual development, programs, a leading provider of micro loans in californi

i like to help the mom and pop type businesses and stuff. it makes me feel like i'm a part of the community. >> magnolia park wasn't always like this. a couple years ago, the area known as antique alley, for its vintage antique and retail stores was a ghost town. >> the economy was horrible. there were no jocks obs out the. >> that's when sue can cade and kathleen bailey came up with the simple idea of staying open one friday a month to have a little party for their customers. cathy said, what do we do to get more women in? i went, friday night, girl's night, let's make it a party, have complimentary wine and offer a discount. >> we have these big four red dice that light up. when they come in, they have to roll for their discount. it is so funny. they bounce and it is hilarious. >> we have about 30, 40 people come in that first night. we knew we were on to something. >> the idea started to take off when amanda vernon of mindfulness and jennifer hard away of queens spa decided they wanted to participate in ladies night too. >> there really we

the good news, though, for businesses like you are describing, internet business, is that the capital requirements for that type of business is generally small. you are able to get yourself further along and share in revenues with a smaller amount of credit need. that is where we see a lot of businesses and personal service or internet business get started, and generate revenues and be able to show growth without needing any capital, like a brick and mortar business might. >> my name is terry said. i have a retail business in san francisco for 22 years. i have a 5 04 -- 504 loan. it took me three years to get. we need more capital. i tried to get a line of credit from wells capital. i was decline. where does someone like myself go? i have a loan, i need additional funding. >> did you try through the sba? >> i already have an sba loan. i went to wells fargo for a line of credit and they would not give me one. >> i can speak to you about it. when we look at funds that are needed, the biggest thing we look at our cash flow. i can address that with you. unless there is an issue, at that p

with a marking up with the department of small business -- we have been working with the department of small business. this project started when we heard from neighborhood merchants. unfortunately, they had access issues, visibility access issues. we have been working closely with many of our partners year today to educate about these -- many of our partners year today to educate about these issues. also in terms of board guidance. i want to thank all of you for coming. many of you may have assistance. i know many merchants could not be here. please do it share this information with other merchants in the area. we have virginia from the office of small business. we have roger from the bar association. no carla johnson from the office of disability. -- we have carla johnson from the office of disability. i want to especially it acknowledge my colleague to help us get the resources and brought legal expertise to the table. i do not want to take too much of your time. thank you for coming. >> thank you, supervisor chu. i want to express my admiration for a supervisor chu's commitment to y

and here you use banking. >> not the business but the safety side. there are two kind of businesses. businesses that benefit from the mistakes of members of that business. so you learn from mistakes of others. for example in the airline business, if a plane crashes, the next plane crash will be less likely. compare that to banks. when a bank crashes, the next bank crash is more likely. >> why? >> because the banking system is not set up in a natural way. they don't make a lot of mistakes but when they make mistakes they are terminal. businesses make mistakes all the time with small kos and big gains when they do things right. and we learn a lot. look at how safe airline travel is and unsafe the banking system is. >> what you said earlier in terms of having skin in the game. i want to get back to that. decision makers must have skin the game, you say. this seems like common sense to me. you have a stake in the ground, you have a goal. you are working toward it. you have a story about a firefighter that explains this. >> i have difficulty over the last

these are the small businesses of america, and all across the nation they're getting ready for their day. hundreds of thousands of small businesses are preparing for november 24, a day to open doors, and welcome the millions of customers who will turn out to shop small. small business saturday. visit shopsmall.com and get ready. because your day is coming. >>> you never know when you'll run into somebody who isn't it in your business as an investor or partner or customer. it could be on an airplane or at a networking event or even here on the street and you know what? you have a marketing tool that's with you every day. your phone. so take advantage of that. gail who owns a clothing store in houston says always make sure you have very clear beautiful pictures of your product on your phone so you can show it to anyone at any time. so, it's your business tip number 12. be ready with a to pitch on your phone. >>> it is rapidly approaching, small business saturday is coming up on november 24th. we're getting the word out to get people to shop small and support their local businesses, espe

to support the business. also, they relied on home equity lines of credit, which in many cases do not exist anymore, also as a source for financing their business. as far as doing public contracting, one thing about public contract in that you can count on is the city of san francisco will stay in business and pay its debt, just later than you would like it to be. when you're doing public contract thing, if you will, cash cycle -- when you do the work and when you get paid is something you have to factor into your understanding of capital needs.

the hour of operation, 7:30 is official opening time, the business usually doesn't pick up very much until about 9:00 and last orders are at 1:30 and everybody's out by 2:00, there's no live entertainment, no professional entertainers and all the singing is done by the customers, all of whom are amateurs, some i have to say more amateur than others, some are pretty good but they all seem to have a lot of fun. masae provides a large range of songs ranging from romantic, japanese, american, korean, chinese, spanish, any others? no, so that's the range of languages and they're all used quite a lot. as far as we know, there are no major problems or complaintbacker complaints and we've had positive clearance from the police department. i think it's fair to say that festa makes a positive contribution to the local business environment and the local economy. last september, we learned that the regulations for entertainment permits for karaoke recently changed and we moved immediately to try to move festa into compliance with the current regulations, we filed the application right away, unfor

take the guess work out of promoting your business using the blog examples, tweets and e-mail ls. four, geo targeted online advertising. go on shopsmall.com to register your business. and number five, success stories. get tips for other small businesses that you can use to grow your sales on small business saturday. when we come back, karen mill mils talks to us about what her agency is doing to get people to shop small. we'll also talk to some store owners to find out how they are working to get people to buy local. you won't find a "home rule" on every corner, a "stag provisions" down every block, or a "hugh and crye" in every town. these are the small businesses of america, and all across the nation they're getting ready for their day. hundreds of thousands of small businesses are preparing for november 24, a day to open doors, and welcome the millions of customers who will turn out to shop small. small business saturday. visit shopsmall.com and get ready. because your day is coming. >> when it comes to marketing your local business, think about a five-mile radius. this tip come

when you have the business community and the white house getting together, the business community continues to hammer this message of needing to do something. i think the white house wants to get more ave buy in . they want to have additional leverage. >host: there a generalized message about taxes? >> that underscores that this is not just an issue where one party has a lot at stake. this is everybody in the community that has a lot at stake including business leaders and ceo's. at the end of the day, it will be the conversation that happens between president obama, house speaker john boehner, senate majority leader harry reid, and a lot of their colleagues and people from the business community need to tell them and put the pressure on them to say this is serious and we're getting to the 11th hour. host: both of you were asking questions of the governor about whether the dynamics have changed and whether or not this was essentially a status "election. what is the consensus on that question? >> president obama did win a second term in a fairly strong fashion. it was suggest the president h

in front of the business. so, the first order of business, they had to replace it first with dpw and bring it up to current sidewalk standards before we can process the request. and i think the staff feels that by having this designated motorcycle parking area actually is beneficial to the block because it concentrates all the demand in front of their particular business and not have them scattered throughout the rest of the block. and i think the young lady who just spoke, bryson, i think it's on the other side of the block. this is a pretty busy street. so, the impact of the motorcycle parking space is in front of the tavern on the other side. and it should be pretty minimum. >> members of the board? >> one other item, we did hold a public hearing on this. so, the public had been notified of this proposed change. that was back in the middle of august. >> i have a question. mr. yee, how many motorcycle spots are we talking about? >> i think about three or four. it's pretty -- it just covers the frontage of the

all of the food businesses have much longer operating hours. i put together a very, rough, comparison of hours for you to see, the top one is the espresso's hours and the rest of these bars, show the operating hours for all of the different restaurants that we believe were concerned with the appeal. a harvest and row cafe operates six hours a day. pizza opened five days a week, starbucks, 15 hours a day, so espresso is proposing to operate four hours a day three days a week on second street and four hours twice a week on california street. they have also raised other issues regarding the path of travel on the site and we would be happy to address those further if you have any questions. and some, he has done exactly what he was supposed to do, he canvased the area and complied with the guidelines and received his permit we ask you to ep hold that permit. i am going to quickly show a couple of pages of petitions, signatures which were gathered that i would like to show to you as well as two letters. we would like your permission to submit them to

we're in the business of up. ryday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. >>> from the toasty warm nerve center of cnbc -- and i say that enviously as an out of power new jersey guy -- coming up in the next next hour of "power lunch," the northeast struggling to pick up the pieces after hurricane sandy. we got another big storm heading our way in the middle of the week. we'll have the latest on the nor'easter and a look at what kind of impact it might have. and heading into the real final homestretch, president obama, governor romney taking their last swings at the pigeons ahead of tomorrow's election. very latest poll numbers. >>> stocks betting on romney, bonds backing obama. what the markets really want tomorrow. the halftime report will be back in just two minutes. comes with some risk,y devt but proven technologies allow natural gas producers to supply affordable,

only city in the state of california that uses this business payroll tax. our city government, we spent 6 months earlier this year in conversations with many leaders within the community to propose a change to a so-called gross receipts tax, which is superior on a number of levels. first and foremost, it's a tax on revenue. it's a tax on profit. it's also a progressive tax, unlike the current flat tax it's a tax that exempts small businesses that have revenues of less than a million dollars but it also increases taxes for our most successful and our largest businesses. then the last thing i will mention, it is a tax that will help to recoup the revenues that we lost 10 years ago to make sure we have money for affordable housing, for muni, public safetying and public health . >> starchild, why do you think we should vote against this proposition? >> i agree with everything supervisor chiu said about payroll tax. if this measure were revenue neutral, if it were substituting a gross receipts tax for a tax on payroll, the libertarian party would have supported i

welcome to "your business," the show dedicated to giving you tips and advice to help your small business grow. on tuesday voters around the country will head to the polls to cast their ballots in the 2012 presidential election. that includes millions of small business owners, a constituency that both candidates have fiercely chorded. the issues facing small business owners have taken center stage during much of the campaign, so today we devote our show to issues we as owners face as we get ready to cast our votes. we start by examining the candidates' positions in two key areas. >> in small business that creates business in america. >> governor romney and i do share the business world. >> the issues confronting small businesses have been getting more attention than in any presidential election in recent history. the political rhetoric on what business owners need is heeding,

talking to the ceo and a member of the business roundtable the first on fox business interview. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the mke he goes with people he trusts, which is why he trades with a company that doesn't nick and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. liz: s&p futures closing right now, but whole foods, the stock is moving lower in the aftermarket session. >> pretty much in line last quarter $0.60 per share. growing to $0.20 per share, going forward to the next fiscal year commentary and below the average estimates, sales slowdown on a year-over-year basis still looking for growth but slower growth and also on the first companies that we have seen talkiig to the negative impacts for sales of hurricane sandy. we will see that and a lot more going forward and see how that is affecting the first

most people get into the business of envisioning a front of the house, the fun part of the business, they don't do the numbers. they don't crank the financial controls. and as frank said, do their performers and all of those numbers that protect their success. >> and i love that, frank. the first person you said build a good team around, and you said build an accountant. oh, go ahead. >> so i would tell the person something different. >> okay. >> because pro formas and accountants and all that seem very foreign to people that are passionate about what they do. i would first tell them to make sure that your idea is awesome. and the way i would do it and the way i did it when i started, because i didn't know what a pro forma was, was that i would vet my idea, and i would analyze it. i would pick it apart. i would take this notion of what this concept is, beat it up, come up with a list of why it wouldn't work, and if in the end the list was greater for the pros, then i would attack it. i believe -- and this goes against what you would think i would say to you -- that if you build it and

the issues here? >> everything has been fine? >> yes. >> it's a very interesting business model. is the owner or the applicant here? no. any comment on this item? >> mr. yep -- >> yeah, i'm just waiting for the timer. i am used to waiting for it. i am mr. yep and lived in san francisco for 50 plus years. this is a neighborhood i am familiar with especially at night and i am questioning since the city is on record for supporting small businesses why we're still issuing new beer and wine licenses? if i remember correct leeann earlier discussions here. >> >> at city hall there was going to be emphasis on trying to slow down the spread of these licenses, so if we're serious about supporting small businesses, especially in this area, maybe not issue it and this way give existing businesses, and also i think in the future when we have these liquor license statements i would also like to hear from the district supervisor in the area where the license is being considered so this way we have some sort of district input from city government rather than just the police and the planning depar

and as i 7-11 owner i am very well familiar with the coffee business. this is a second time appearing in front of this board. and the first case i was an appellant, and this board at that point fully recognizes that food trucks in the financial district is detrimental to the existing establishments. first of all about coffee, i would like to tell the board by experience. coffee is a very high margin item. all other products that any restaurant sells, has very high food costs, meats, cheeses, vegetables coffee in a lot of cases does contribute over all to the profitability to a small restaurant. having said that, i will ask you once again to please consider what is right and what is wrong in realistic terms. as a decision may impact the lively hoods of some of my restaurant owners and we are all operating under the worst economic conditions known to us after the great depression. by over subsidizing food trucks, the city is attempting to can bolize the existing food establishments. that is not what free enterprise stands for. >> the principals of free ent