Big Ideas for Small Business is the national peer network led by the National League of Cities (NLC) that aims it accelerate efforts by local governments to support small businesses and encourage entrepreneurship.
And also its direct peer-to-peer engagement expands the capacity of city staff. It explores common challenges, shares proven strategies. And collaborate on new approaches for creating different business-friendly cities.
Also Read: What is Business Administration? – Management, Differences, and More
Also, the Big Ideas for Small Business toolkit discusses essential strategies for local leaders to be better advocates for small businesses.
And our report guides creating ecosystems that support small business growth, reorganizing city resources to meet small businesses’ needs better. And provides the business owners with access to new sources of capital.
Also Read: 8 Best Small Business Ideas
What are the Specific strategies highlighted in this report?
Connect the Small Businesses to Information and Resources
Also, establish the Small Business Resource Center
Also, advocate for Small Businesses via Community-Led Councils or Committees
And proactively Engage the Local Business Community
Also, provide Platforms for Networking
Also, it creates Incubator Spaces
And they celebrate Successful Businesses
Develop One-Stop-Shops and Express Lanes at City Hall
Also, streamline City Regulations and the Inspection Process
It helps Small Businesses Build a Web Presence
And Support Microlending and Crowdfunding
It encourages Local Small Businesses to Bid for City Contracts
Also Read: 4 Small Business Trends to Know for 2021
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