
Economic Development Latest News
Small Business Group Promotes Economic Development
Preamble to the Small Business Advisory Council
Economic Development Position Statement
The Small Business Advisory Council (SBAC) is a diverse
group of small business owners and operators serving in an advisory
capacity to the Portland City Council and City staff. The members of
the SBAC have developed a position statement in order to clearly
articulate the significant factors which positively influence
economic development, job creation and business climate in Portland.
While this statement is particularly focused on factors which
support the success of small business in Portland, it is equally
applicable to business in general, in Portland and the region.
Further, the members of the SBAC, believe that the points delineated
in this position statement should be points of reference against
which actions being considered by the City are evaluated.
SBAC members believe that City Council adoption of this
position statement and implementation of these principles by bureaus
will send a strong signal that Portland really desires, supports and
understands the benefit of healthy small and large business to the
City and its residents.
Small Business Advisory Council
Economic Development Position Statement
The essential elements for quality of life
are a job and economic stability.
A former President
once said "the best social program is a job."
Finding and keeping a well paying job is, for most citizens,
essential to enjoying a high quality of life.
Neighborhood residents, business owners and property owners
must recognize that their concerns are interdependent rather than
adversarial. Economic
development must be a priority at both the policy and bureau levels.
Business associations, neighborhood associations, City
Council, City Bureaus, planners and regulators must work in concert
to achieve a balance of economic vitality and livability.
When City bureaus and other public agencies
concerned with development issues are pursuing redevelopment,
changes to commercial corridors, or areas of commercial
concentration, job retention and creation must be the primary
factor. The
anticipated impact on jobs through redevelopment must consider not
only the number of jobs, but the wage and benefit quality of the
jobs. Gentrification
and densification of commercial corridors must not eliminate the
availability of affordable commercial space which is vital to a wide
spectrum of essential service industries.
Existing industrial zones must be protected.
In order to be profitable and to create
jobs, business requires a cost climate of certainty and constancy.
Expanding regulations,
high system development charges, the Business Income Tax/Business
License Fee, retroactive tax increases and ever increasing water and
sewer rates are all factors which will lead to a business decision
to either leave, not expand, or not locate in the City of Portland
or Multnomah County.
A sound transportation infrastructure is
vital for a healthy business environment.
Portland's position
as a global import/export facility is dependent upon the ability of
goods and services to flow freely into and within the region.
The City must be proactive in its endeavors and cooperate
with both Multnomah County and Metro to prevent further degradation
of our highway, rail and water transportation routes and facilities. The time and difficulty involved in offloading and
transporting goods will be the primary factor in consideration of
this region as a distribution center.
Small businesses and large businesses are
mutually reliant. Small businesses, in most cases, rely on large businesses to purchase
their goods and services. Consumer
oriented businesses rely on the quality employment provided by
larger businesses for the discretionary dollars which allow people
to shop. Large
businesses rely on the diverse range of products and services
provided by the small employers.
The City must recognize this mutual reliance and not adopt
policies which appear to be small business friendly to the detriment
of large business.
Availability of capital financing is
essential to a healthy business environment.
City policy makers and regulators must recognize that
barriers to business not only impact the ability of a business to be
profitable, but also affect its ability to obtain financing.
Since most business failures are associated with debt burden,
the city must recognize that high permit fees and system development
charges increase the capital required for a business start.
The city must fight to retain economic development dollars in
the budget and distribute those dollars in such a way as to provide
the broadest assistance possible.
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