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Brannan unveils plan to assist small companies confronted with financial challenges • Brooklyn Paper

Source link : https://newyork-news.info/brannan-unveils-plan-to-assist-small-companies-confronted-with-financial-challenges-brooklyn-paper/

Council Member Justin Brannan speaks with Louis Coluccio Jr., proprietor of A.L.C. Italian Grocery in Bay Ridge, concerning the challenges dealing with small companies amid rising prices.

Picture courtesy of Justin Brannan’s marketing campaign

As New York Metropolis’s small companies face mounting financial challenges tied to President Trump’s federal tariffs and commerce insurance policies, Metropolis Council Member and New York Metropolis comptroller candidate Justin Brannan on Tuesday unveiled a complete five-pillar small marketing strategy that may leverage the facility of the Comptroller’s Workplace to make sure small companies have the assist and instruments wanted to outlive and thrive within the present local weather.

Confronted with rising costs fueled by President Trump’s tariffs on imported items — on prime of inflation and hovering rents — small companies, which make use of practically half of New York Metropolis’s workforce, are dealing with a degree of uncertainty not seen for the reason that COVID-19 pandemic. For immigrant-owned companies, notably in hard-hit areas like Chinatown, the stakes are existential.

Drawing on his expertise as a former small enterprise proprietor and the partner of a present one, Brannan stated metropolis authorities should turn out to be a proactive associate within the survival and development of those very important neighborhood anchors.

“In the face of uncertainty and the unpredictability of Trump’s…

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Author : newyork-news

Publish date : 2025-04-29 13:15:00

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