NYC Mayoral Candidate Proposes Plan to Rescue Struggling Small Businesses

New York City's small businesses are struggling. They employ nearly half of all private sector workers, yet the economic outlook for these businesses is the worst in the nation. Many are forced to close due to excessive costs and bureaucratic complexities. Zohran Mamdani, a candidate for NYC Mayor, has proposed a plan to help. His plan includes cutting fines and fees by 50%, streamlining the permitting process with easier online applications, and significantly increasing funding for small business support programs. "We’re going to make it faster, easier, and cheaper to start and run a business," Mamdani stated in his video. The plan aims to not only protect existing businesses but also encourage new ones to thrive in the city. Mamdani's initiative could revitalize NYC's economy and preserve the unique character of its small businesses.