Regulations Harm Small Business and Protects Corporations

[Robodoon]

Regulations Harm Small Business and Protects Corporations

The prospects for conducting commerce are never an easy task. The hurdles to start a business much less stay competitive demands the greatest skill and fortitude. Innovation and inspiration often is the best course for those bold enough to become an employer. The idea that a level playing field exists for all comers is preposterous. The entire macrocosm for business rests upon separating your enterprise from that of your rivalries. Such is a basic lesson for those brave or foolish enough to enter the arena.

Courtney Rubin cites the following in Inc. Magazine,

“Businesses with 20 employees or fewer pay 36 percent more than their larger counterparts (defined as those with 500 or more employees), says the report – called “The Impact of Regulatory Costs on Small Firms” — from the SBA’s Office of Advocacy. This is because a lot of costs are fixed — the same whether you have two employees or 2,000. Total annual cost of following the rules for a small business: $10,585 per employee, or about $2,830 more than big business. Businesses with 20 to 499 employees paid about $7,454 per employee, or about $300 less than the largest companies.

The report estimates that 89 percent of all firms in the U.S. employ fewer than 20 workers. By comparison, large firms account for only 0.3 percent of all U.S. firms.
Continued

Comment: Government loves Fascism and hates small business

 

[Decepticon]

The reason that small businesses have to pay more is that they are unable to afford the lawyers that mitigate large business' regulatory costs.

Bringing small businesses down to the bad behavior of their larger counterparts isn't the answer.

How about we make large businesses pay ALL the same costs that small businesses do? No exemptions. No favoritism.

 

[theHawk]

Big business loves it when government interferes with the private sector. The more the government rigs the game by stomping out competition, it leaves the few big ones standing with more control over the market. Prices rise, profits soar, the consumer suffers.