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Los Angeles Struggling to be Business Friendly

Austin Beutner, the first deputy mayor of the city of Los Angeles, and the Mayor’s “Jobs Czar,” published an editorial in the Los Angeles Daily News. In it he lists a variety of areas in which Los Angeles is attempting to be more welcoming and accommodating of businesses. The recent Enterprise Zone expansions is one of the items he mentions:

Third, we have been making needed policy changes to support sustainable job growth.

We expanded L.A. Enterprise Zones, giving businesses greater incentive to stay here and to create jobs. We streamlined permitting for restaurants and cut the time it takes to open one by two-thirds. We created a Business Tax Holiday for new businesses that could generate more than 55,000 new jobs and sorely needed revenue for the city. Stay tuned – there are more policy changes to come.

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