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The emphasis on saving and scrimping is to reduce burn rate prior to profitability. At the point where Obama's proposed tax increases would affect you, you are
by briancooley 18y ago
The emphasis on saving and scrimping is to reduce burn rate prior to profitability. At the point where Obama's proposed tax increases would affect you, you aren't burning any more.
Further, from what I understand, Obama's plan would benefit you on the way up to that $250K/year in profit. I don't know the statistics, but my gut tells me that most small businesses in America are turning less than $250K/year in profit.