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March 8, 2010


DiNapoli: New Page on Your Money New York Web Site Provides Resources for Small Business Owners

New York State Comptroller Thomas P. DiNapoli today announced a new section of his Your Money New York Web site that provides small business owners and New Yorkers interested in starting a business with the essential resources needed to create and grow their business. The new section offers access to reliable information on how to start a business, get the appropriate permits and understand small business tax implications, as well as survive tough economic times.

DiNapoli launched the site at the Small Business Day 2010 in Albany, where he also released a snapshot on The Role of Small Business in New York State’s Economy. The New York Main Street Small Business Coalition, the National Federation of Independent Business, and the Chamber Alliance of New York State partnered together to host the event.

“The importance of small businesses to our state’s economy cannot be overstated,” DiNapoli said. “Small businesses provide half of all private sector jobs. They’ve created nearly 70 percent of all new jobs over the past ten years. New York needs small businesses, and we need to do a better job to help small businesses thrive. This new small business section of Your Money New York is a good start. It provides a lot of useful tools for New Yorkers who already own small businesses and for those looking to start one.”

Your Money New York ( is a Web site introduced by DiNapoli last year to give New Yorkers easy access to information and useful resources on money-related matters.

The new small business page at Your Money New York has a wide range of information suitable for small business owners in all stages of business development. Entrepreneurs interested in starting a business can find information on writing a business plan, understanding legal ramifications, getting their taxes in order, receiving technical assistance, and marketing. Established business owners can find information on employment, environmental issues, financing and refinancing, venture capitals and much more.

“Running a successful business or getting a new small business venture off the ground in New York is an enormous challenge under stable economic conditions,” said James Sherin, President and CEO of the Retail Council of New York State. “Doing so in today's difficult economic climate is even more daunting and we applaud State Comptroller DiNapoli for providing this roadmap to so much practical and reliable data and information.”

“I applaud State Comptroller DiNapoli for recognizing the importance of small businesses to our economy by creating a small business page on his Your Money New York website,” said Diana A. Ehrlich, Assistant State Director of the National Federation of Independent Business. “The site improves access and awareness of available State and Federal resources, which will alleviate some of the challenges faced by small businesses by helping them navigate through our complex government bureaucracy and provide them with the information they need to make informed decisions. In these hard economic times, we must do everything we can to help support small businesses so that they can stay viable and grow.”

The small business section of Your Money New York also includes access to information from federal, State and local government resources, including:

  • Growing your business in New York City and in New York State
  • Small business tax and permit help
  • Minority- and women- owned businesses
  • Business survival in a rough economy
  • Federal stimulus help for small businesses

Your Money New York Web Site
The easy-to-use, multilingual site covers credit cards and consumer debt, home mortgages, savings and investments, insurance, and protection against identity theft and financial scams. It also provides access to interactive calculators and DiNapoli’s Open Book New York Web site, which brings detailed information on State and local government finances to taxpayers through a centralized, user-friendly platform.

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