gone out to the businesses. we're looking to schedule a meeting with them hopefully by the end of the week with the businesses to, you know, make a final determination as to whether we will apply tort economic injury loan. just to go back to ocean avenue, two of the businesses are currently submitting applications for the sba economic injury loan. so, to provide you with an update for that. and then the friends of the commission of the status of women have put together an indigo go site for two businesses that are women business owned that were damaged in the ocean avenue fire. next small business saturday is coming up november 24th and if the commission has endorsed it, we are finalizing -- we are working on the proclamations and declarations. jane and i are meeting with jason next week to figure out what our, you know, what additional support we can have. i know that they'll be presenting at monthly next week. >> yep. >> and also we've been contacted by sf travel and they -- american express is one of their key

formation of the small business revolving loan fund. obviously to have worked with commissioner dwight on the sf made collaborative. commissioner dooley and i have worked together on numerous measures that have come before this commission over the years and it's really been a pleasure to oftentimes work in the early stages of a program or a concepts and shepherd them, help give them some form and launch them and hand them over to folks who really spend their lives day in and day out working with small business. the neighborhood economic development work that the office of economic and workforce does affecting probably the most meaningful and impactful work that we do that really touches the most people and it's really the work that i found myself extraordinarily attracted to, but couldn't necessarily dedicate as much time to as i would have liked. and it was always such a comfort to know that there was a commission of such skills and dedicated folks, a staff in the office of small business, a staff working in oewd doing neighborhood econ

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

>>> meet the patriarch of a fifth generation new york business who makes water tanks, still made the old-fashioned way. it's time it make money, coming up next on "your business." >>> small businesses are revitalizing the econ me. american express open is here to help. that's why we are proud to support your business on msnbc. >>> hi there, everyone. welcome to cot your business". it was about win minute into the debit when small business was spoken by candidates. the amount was stricken in the amount of time obama and romney directed the issues that directly affect them. particularly in jobs and taxation. >> governor romney and i do share encouraging small business growth. in the time my tax plan already lowered taxes for 98% of families, i also lowered taxes for small businesses 18 times. and what i want to do is continue the tax rates, the tax cuts that we put into place for small businesses and families. >> i talked to a guy who has a very small business. he is in the electronics business in st. louis. he has four employees. he said he and his son calculated how much they pay in t

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

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

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

under the urging of our small business leaders. the mayor heard there was a need for the community to have a small office to help the needs of our small businesses in san francisco, help them understand and navigate the complex structure in getting a business opened within the city and county of san francisco. initially, primarily, we were going to be about helping you understand licensing and permitting requirements, but, really, shortly after we open our doors, we understood that we were also, as a government entity, a place for people to come when they want to know about loans, about writing a business plan. where to go to do that, where to go to get assistance. we are also a resourced. when we do see people in our office, many of them are a year or two out from even opening their business, so we will ask them what their credits for is, have they done their business plans, do they know what they're capital needs are going to be, how much money they have, how much money they are going to need to open their business. based upon tho

that it would come to the office of small business. we figured with that revenue we might get resources to run the program. >> well, the program self-funds itself. and it has two staff people so it is able to fund two staff peep to run and manage the program. i think the concerns are -- the concerns are that it's somewhat straight away from being purely a street artist and craft program. so, there would be some work on our part if it does come into the office of small business. it's just doing a thorough assessment of how, you know, how we would achieve maintaining that integrity. you know, i have some ideas in terms of if it were to collaborate with sf made or the art institute or sharon meadows, other places where artist, craft people are generating and working to partner to help -- provide opportunities for those individuals to be able to also engage in the street artists program. so, -- but that said, going down that road is a little early or, you know, it's a little presumptuous until it's been firmly established as to whether, you

>> business news from the capital region. this is "washington business report" with rebecca cooper. you for joining us. we a are gearing up for the comg election. ballot with implicatio for economy and our personal portfolio. reaeason it became a househehold name. he was right when he said t thee is one issue ended as the stupid. these elections have party had on our regional economy. the economies are spending heavily here. big money over gambling in washington, d.c. is the univee forr hired to help man the force for what has become e most expensive campaign cycle. here to assess the outcome for meanace and what it could wlet,he man who is see d during the mpaign bruce, the host of the micichael from also l.e washingt business journa thahank you to you a. i have been threatening to take to be on the ow. thank you for joining u you have been looking at thesee start w with want to interviewou did withh the chaian of mgm grand. alked to you about what he for the casino if it is to be built.. a listen to what he had to say. >> we would like to build an resort wou fine dining, restaurant

the rest of the businesses in the population of south carolina. you are talking roughly 18,000 people who run businesses more than 500 people. the millions of businesses that generally are having a very hard time. so, it's not a matter of bigness or smallness. ultimately, it should be those businesses that help sustain communities versus those that prey on them. >> congressman, it strikes me this has become a thing that is political can't. you are never going to get up in the well of the house and say i proudly bring before today this bill is that going to stick it to small businesses. i mean, but if you say this bill is going to be great for small businesses whether or not it's the case, you give it this kind of legitimacy. >> you are right on both counts, i'm not going to stick it to small businesses. but, you know, it's not a term in search of definition. it's a term to avoid definition. that's the deal. everybody wants to be quote, for business. some small businesses get the job done. most of the time, when talking small business, the sense of

what are some of the businesses that we're talking about that are part of the networks? >> guest: basically anything that involved big business whether it's earlier on manufacturing in the 1980s and 1990s and commercial ventures such as car dealerships and so on, but the manufacturing included everything from pharmaceuticals to ceramics to textiles. in 2000s, this became a telecom industry, free trade zones, things that bring in a lot of money with a high profit money that was siphoned off by big business networks leaving a majority of syria in worse conditions than they were because the regime, that is, ended up quote on quote saving the economy on subsidies that most people relied. that took place for 10-15 years, and ended up in in 2010 and 2011 producing the kind of resentment and discontent that fed the uprising. >> host: so, professor haddad, who was getting the money, the profits in these business networks? >> guest: the profits went to the individuals within these networks. the people that are involved in the networks included state officials. this would be public

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

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

as part -- the small business commission has the recognition program for employees of the city and countyf san francisco who have really -- who have either support our small businesses and in your case you have been a real champion for the small business commission and our office. so, commissioner mark dwight has nominated you to receive recognition from the small business commission, and he is going to be presenting you with our certificate of recognition. >> okay. now, the official business here. certificate of honor -- where is the camera? [laughter] >> okay. so, this is the official certificate of honor, small business commission of the city and county of san francisco acknowledging jennifer matz from the office of economic and workforce development, on this monday, october 22nd, 2012, the small business commission is proud to acknowledge the contributions of jennifer matz, office of economic and workforce development, has made the small business in the city and county of san francisco. the commission recognizes that through your leadership as director and deputy director of the offic

welcome to "your business." the show dedicated to giving you tips and advice to help your small business grow. recently we received an e-mail from a woman entrepreneur in trouble. when she heard about our makeover series she sent aus plea for help. we called her up and after talking to her about her situation we knew our team of experts just might be able to bail her out and that's how we decided to give this inkeeper a "your business" makeover. the "your business" makeover team is on the road again. just passing through the historic mystic connecticuts. >> we must be getting close. we're passing foxwood resorts, a huge tourist destination. it looks like we've arrived. let's get to work. let's help this business. you must be erica. >> i am. >> i am the author of "the pumpkin plants." >> i heard you called msnbc and you need help. >> i do. >> 36-year-old erica hall runs >> >> 36-year-old erica hall runs the seven-room bed and breakfast for eight years until she bought it in 2011. >> guests often sit around here at ni

i don't know that much about the hotel business. and he said, you know, you have never worked for anybody. because he wanted to buy the company and i should stay with him, so he was very wise and able to sort of direct all of his children never raised his voice or his hand to any of us. so we grow up in a very strong window mother who -- tough love was her way and a father who was always there. >> rose: loving and supportive. >> yes. and exceptionally tolerant. and i remember once his, you know, granddaughter came to him and not married and stayed, you know, grandfather i am going have a baby, and he said, wonderful. so you can imagine how supportive a person like that is in your upbringing. so both of my parents allowed us this freedom to become who we wanted to be and -- >> rose: the best thing a parent can give a child. >> yeah. >> rose: freedom and confidence to become what you want to be. >> confidence. i think that nurturing in those early years of, you know, principles and values that guide you, but also giving your children a