Small small business publication for February 2023

Welcome, February! There is a whole lot to rejoice with many possibilities to support modest organizations. Black History Month kicks off and we celebrate the many Black-owned compact enterprises in San Francisco! Be sure to verify out the incredibly hot new ice cream store, What is the Scoop on 3rd Avenue in the Bayview and the “In the Black” market (1567 Fillmore St). 

Lunar New Yr celebrations continue all over the thirty day period – discover occasions at sf.gov/lunar-new-yr. Valentine’s Day is all-around the corner, and small companies supply a assortment of sweets, stuffed animals, jewelry, exclusive foods, and much more.  

Bulletins & Highlights

Farewell and Thank You to Outgoing Small Company Commission President Sharky Laguana 

Commissioner Sharky Laguana served as Fee President given that 2019. Beneath his management, the Fee successfully advocated for a package of guidelines to help tiny businesses endure all through the COVID-19 pandemic, like the Shared Areas Program and the Location Fund. Commissioner Laguana is Founder and CEO of Bandago, a van rental firm that has served touring bands, superstars, families on vacation, businesses, churches, sports teams, cellular advertising functions, movie/Tv set productions and much more. His leadership and humor will be considerably missed. 

Welcome to the New Small Organization Commission President Cynthia Huie 

Commissioner Cynthia Huie has been an energetic member of the small small business neighborhood since founding a men’s and women’s boutique, Seedstore, in the Internal Richmond community in 2010. She served for many yrs as the President of the Clement Avenue Service provider Association, and was appointed by Mayor Breed to the Modest Business Commission in 2019. In addition to managing an oral medical procedures observe with her spouse, Commissioner Huie has put in the previous 12 months supporting corporations during the town and co-established Artwork Walk SF to deliver tiny corporations, art, and community to every community in San Francisco.  

Flood Disaster Loans from the U.S. Compact Enterprise Administration (SBA) 

San Francisco little companies and most nonprofits are now qualified for Economic Injuries Catastrophe Financial loans (EIDL) from the SBA. You have to have suffered considerable economic personal injury owing to the 2022-2023 wintertime storms without the need of other personal loan choices. 

Find out more 

Business Emptiness Taxation Begins 

The Professional Vacancy Tax is supposed to motivate enterprise leases and increase vibrancy along commercial corridors. The tax is on maintaining sure industrial spaces vacant for more than 182 times (about 6 months), whether consecutive or nonconsecutive, in a tax 12 months. All co-entrepreneurs, co-tenants, and co-subtenants have to file a Return with the Treasurer & Tax Collector’s Business. Notices are currently being mailed this thirty day period. 

Understand more 

% Desire Loans for San Francisco Startup Businesses 

Loans are readily available for up to $100,000, with terms of up to 5 years. There is no interest and no software rate. Qualified utilizes contain: purchasing household furniture, fixtures, and devices acquiring inventory performing cash to cover functioning expenses startup fees refinancing superior-desire business personal debt. 

Discover more at Key Avenue Launch 

Deadlines  

Yearly Business enterprise Tax Returns (2022) 

Due Feb 28, 2023 

The San Francisco Yearly Organization Tax Returns incorporate the Gross Receipts Tax, Administrative Office environment Tax, Commercial Rents Tax, Homelessness Gross Receipts Tax, and Overpaid Executive Tax. To prevent late penalties/charges, the returns must be submitted and compensated on or just before February 28, 2023. 

A lot more at sftreasurer.org 

Metropolis Hall seeking a new café operator 

Bids are thanks Feb 24, 2023 

The place incorporates close to 1,426 rentable square toes on the floor ground of Metropolis Hall with a shared eating location of 1,360 sf. and a negligible secured storage region.  

Read the Request for Proposals 

Prolonged deadline for IRS and Franchise Tax Board 

Now May perhaps 15, 2023 

Californians impacted by the winter storms are now suitable to claim a deduction for a disaster loss and will have additional time to file their taxes. Folks and companies in San Francisco do not have to request an extension — they will quickly be offered right until Could 15 to file money tax returns and make any payments. The deadline extension also applies to quarterly believed tax payments commonly because of Jan. 17 and April 18, and to quarterly payroll and excise tax returns typically because of on Jan. 31 and April 30. 

In addition to the deadline extension, Californians impacted by the storms can assert a deduction on their 2022 condition tax returns for a catastrophe decline. 

For additional information and facts about the federal extension, go the IRS’s Disaster Guidance and Emergency Relief for Men and women and Business webpage. For additional data about the state extension, go to the announcement by Gov. Gavin Newsom’s place of work and to the Franchise Tax Board’s Disaster decline deduction webpage. 

New this yr: Enterprises can use a totally free online portal to file their IRS information and facts returns. 

Legacy Enterprise Spotlight 

St. John Coltrane Church is a nonprofit faith-based organization whose mission is “to paint the globe with the message of A Adore Supreme, and in carrying out so promote worldwide unity, peace on Earth, and information of the one particular accurate living God.” They are where by the famous jazz musician John Coltrane is the canonized patron saint. Coltrane Church is a branch of the African Orthodox Church and the oldest Black jazz corporation in San Francisco. 
 
The Legacy Business Program acknowledges more than 300 iconic, lengthy-standing businesses 

Webinars & Events  

Via MARCH 

Building Your Marketing Strategy 

This 6-week program will walk you by means of the advertising and marketing landscape, making a internet marketing strategy, conquering the social media mental block, and keeping your material in purchase. Hosted by the Renaissance Entrepreneurship Center. 

Learn more 

Through APRIL 

10-7 days Virtual Enterprise Planning Class 

Understand enterprise fundamentals, create networks, and establish your organization prepare with self-confidence. This course will information you in developing a practical and productive company prepare by providing an overview of internet marketing strategies, small business operations, and economical projections. Hosted by the Renaissance Entrepreneurship Middle. 

Register 

FEB 6 

Digital Public Hearing with SF Environment 

The San Francisco Atmosphere Division (SFE) is keeping a community listening to on the collection and transportation of mixed Development and Demolition (C&D) Particles. During the listening to, users of the public will have the possibility to comment on the proposed rules and supporting documents.  

Learn more 

FEB 6 

Legal Safety for Websites 

Master about straightforward on line instruments to assist safeguard your company, brand name, trademarks, and copyright-secured creations. 

Register 

FEB 7 

SF City Choice webinar 

Master how to make payments into SF Metropolis Possibility for your employees’ overall health treatment added benefits. A lot more webinars will be available in March and April. 

MORE 

FEB 7 

Lawful Entities for Little Businesses 

Authorized Services for Business owners is internet hosting a webinar for men and women who want to find out far more about forming an LLC or remaining a sole proprietor. 

Signal up 

FEB 9 

Virtual Legal Clinic 

Sign-up in advance for a one particular-hour consultation with a volunteer lawyer specializing in company legislation. Hosted by Legal Solutions for Business owners. Places are limited 

Indicator up 

FEB 9 

Financial Statement Basics 

Understand primary economical concepts and attain perception into the interpretation of your Equilibrium Sheet, Money Move Assertion and Earnings and Reduction Assertion. Recognizing these concepts will enhance your company organizing and the discussions you have with your fiscal industry experts. Hosted by Rating. 

Register 

FEB 13 

Smaller Business Commission Meeting 

The Commission will critique and get action on the following applications for the Legacy Business enterprise Registry: La Mejor Bakery, Peña Pachamama, and Tony Nik’s Café. 

Conference information and facts is available on the Fee web-site. 

FEB 27 

3rd Get together Delivery Platforms 

Expand for food stuff company by mastering much more about the major third-bash delivery applications and how you can use them to convey your organization to the next level. This is a digital workshop hosted by the Renaissance Entrepreneurship Centre. 

Indicator up 

Did you know? May well is Awning Month! 

Awning allow costs are waived for little businesses each individual May 

Use to swap your awning, indications on substitution awnings, or pedestrian-degree lights and get your permit expenses waived in the course of the thirty day period of May. This application applies to permit charges from the Department of Creating Inspection (DBI), Preparing, Fireplace Department, and General public Will work. 

Smaller enterprise specialists are obtainable to assist. Make contact with sfosb@sfgov.org to go over your awning job. 

Master more 

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