While serving in local government, I understood that the best way to sustain our local economy was by supporting local businesses. Economic growth in California has been slow and the unemployment rate still remains high. Too many Californians are still struggling to find good-paying jobs, and even those who are employed have been affected negatively by falling home values and economic uncertainty.
As your Assemblymember, I am here to listen and carefully watch all legislation that could have an impact on small businesses. On this page you will find many of the resources that our district and state have to offer for small businesses.
The small business community is a critical component of the California economy. In fact, businesses with fewer than 100 employees comprise 97% of all businesses in our state, and they are responsible for employing more than 37% of all of our workers.
Small businesses play an essential role in California's local and regional economies, serving as the primary new job creator, and they are essential to California's health and well-being. Over the past 20 years, the number of paid employees from small businesses has increased from 4.5 million to 5.1 million.
When the small business sector thrives, California's economy is strong and prosperous. Unfortunately during the current recession, our small business sector has been hit hard, and the amount of small business bankruptcies has drastically inflated.
California's economic recovery will in large part depend on what we do to support our small businesses. Currently, the Legislature is working hard to enact sensible and responsible measures that will help our small businesses continue to thrive, no matter if the business has 5 or 500 employees.
*The statistics and information covered in this section come from the U.S. Small Business Administration. Data on all states and territories are available at: www.sba.gov/advocacy/848.
When starting a new business, there are many important decisions to make and many rules and procedures that must be addressed. While there is no single source for all filing requirements, the following steps have been developed to assist you in starting your business.
It is helpful to begin with a business plan. A business plan is a blueprint of every aspect of your business. Sales, Marketing, Advertising, Promotion and Location are just some of the categories to consider when creating a plan. Go to the U.S. Small Business Administration website to find a tutorial on how to create a business plan.
If you would like help deciding on a location for your business, contact the California Business Investment Services (CalBIS) unit of the Governor's Office of Economic Development. CalBIS provides tailored site selection services for businesses, real–estate executives, and site selection consultants.
Choose a business structure. Select a business entity type from the following list for a brief overview of the principal types of legal business structures available in California. Private legal and tax advisors should be consulted before making a determination as to the type of business entity to form.
- Limited Liability Company
- Limited Partnership
- General Partnership
- Limited Liability Partnership
- Sole Proprietorship
Your next step will be to file your tax and employer identification documents.
Most businesses require licenses or permits in order to operate. Please click on each of the resources below to determine if your business requires any licenses or permits.
- CalGOLD (California Government: On–Line to Desktops)
- Department of Consumer Affairs
- California Secretary of State - Starting a Business
A guidebook prepared by the California Financial Opportunities Roundtable (CalFOR) This guidebook, released in August 2012, is intended to serve as a comprehensive resource for anyone seeking capital, ranging from aspiring entrepreneurs and small business owners to policy-makers and financial institutions. Access to Capital provides straightforward descriptions of the tools and programs available to access capital, along with specific examples of how they have been utilized and links to websites for in-depth information. The Assembly Committee on Jobs is a proud contributor to CalFOR's efforts to support a strong California economy.
Assembly Committee on Jobs Economic Development and the Economy