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Yes. It is a true statement to say that most small businesses only employ the owners. But if everybody created only one job -- their own -- isn't that enough?
by DanielBMarkham 15y ago
Yes. It is a true statement to say that most small businesses only employ the owners.
But if everybody created only one job -- their own -- isn't that enough? If I were getting started, I would love to be around a bunch of guys making 200-400K per year. I'd detail their cars, take care of their lawns, help them with taxes -- all those people not creating jobs? There are a lot of jobs they are creating while they are not creating jobs.
I think a much more interesting question would be: why? Instead of the lecture about evil Republicans, how about addressing the reason so many businesses don't want to employ anyone? Is it something we could fix?
I've ran a corp for about 20 years now. To me, you'd be an idiot to employ people in the regulatory and tax nightmare the United States is in right now. Much better to have a "lifestyle" business and stay under the radar. I'm probably an outlier -- I guess. I'm sure others have their own reasons. Getting at those reasons seems like a much more productive use of energy than grandstanding.
- lotharbot 15y ago> "you'd be an idiot to employ people in the regulatory and tax nightmare the United States is in right now.... I'm probably an outlier" A couple weeks back, CNN Money asked a bunch of small business owners what they'd ask Obama to do to make it easier to hire [0]. Several of those interviewed said cumbersome regulations and ever-changing rules were the main impediments to hiring. There were specific complaints about corporate tax rates and unaffordable health care. Both the 7th and 8th slides amount to "stop doing stuff! Stop rocking the boat!" I'd say you're not an outlier. [0] http://money.cnn.com/galleries/2011/smallbusiness/1109/gallery.Obama_small_business/?iid=EL http://money.cnn.com/galleries/2011/smallbusiness/1109/galle...
- beej71 15y agoAren't many small businesses lifestyle businesses? My brother, for example, hires employees for his computer store without thinking twice about it.