In a debate in another thread, someone said to me that nothing is being done to promote small business, (I assume he meant by the government) He, himself, is in the military but is also a talented haircutter and he said without his GI Bill assistance, he would never be able to start up a barber shop. I agree in his case as he is on in years and doesnt have the time to dedicate to building toward a business. But most people...say in their 20's dont need Government assistance to start a business.....so as a business planner, I laid this out for a 22 year old with the same aspirations...... someone on the left....please point out the flaw ( I dont think there is any).... A 22 year old decides he wants to cut hair....but his goal is to own a barbershop within 5 years.......He has the talent and gets a job at a local barber shop making 8 bucks a head....10 heads a day....400 a week. In the meantime, he gets a job at a local convenience store making 8 bucks an hour working form 6-12...... 3 days a week and 8-5 on Sunday....another 200 a week. So now he is busting his ass making 600 a week. In the meantime he is building a reputation as an excellent barber...and as a single guy, he is socking away 200 a week.....as the 300 a week (after taxes) is enough to support his lifestyle as he is not going out partying and not taking vacations.....he is focused on ownig his own business.... After 2 years he has 20K saved up....now he can quit the convenience store and start cutting hair in his apartment for friends and acquaintenances....bulding up his reputation and determining if he can really do it on his own....still making the money with the barbershop as well. He likes what he sees...so he looks for real etstate and rents a 500 sq foot store front for 10 bucks a foot....5000 a year.....415 a month.....2 months deposit (new business needs to give 2 months deposit)...and 1 month rent...about 1300 outlay for the store.....He buys a used barber chair....700 bucks...he buys hair cutting items.....500 bucks.....he signs a deal with a vendor of hair products.....incorporates himself (200 bucks) and gets liability insurance (1000 bucks).... So before he opoens the door...he has 20K saved up and initial expenses (including first nmonths rent) of less than 4K. Now he quits his job with the barber...and has 16K savings left over to live on...and he makes his business work. He gets busy...uses some of his savings for a second chair...pays some 22 year old 8 bucks a head and proifits 6 bucks a head...plus of course, the 14 bucks a head he makes off all those HE cuts.... Yep....at the age of 25 he has his own business. AND NO WHERE DID GOVERNMENT HAVE TO DO A DAM THING!