Tuesday, November 1, 2011

Who Cares but the Small Business Owner?

If over 80% of jobs are created by small business, what is being done to help small businesses hire more people?

As a business coach, when I ask business owners and entrepreneurs, “What has the government done to help your business?” they ALL said the same thing: NOTHING to help us and a lot to hurt us.

How about employment and taxes?

Employees are expensive. Hire your first employee and you come under government requirements for employment, and you have to learn all the rules or pay someone to keep you compliant.

Small business owners have to pay self-employment taxes, state taxes, federal taxes, property taxes, sales and use taxes, payroll taxes, workers compensation taxes, unemployment taxes —tax money they could use to hire people, expand business and stimulate the economy.

What about companies that can make payroll but not make the tax payments? Why does the government close functioning businesses for not paying taxes which in turn puts all the employees on government assistance at taxpayer expense?

The small businesspeople ask, “Where is my stimulus check and my bailout money? I ask, “Who else cares enough to do something about it if you don’t?” 

Do your employees care?
Does your community care?
Does your government care?

If you are a small business owner, you've probably had to fight to get and/or keep what you've worked for and earned so far. You have supported your family, your community and your country by paying taxes and working your butt off, and if you are going to keep what you have earned you can't stop now. You still have to take the lead and lead the changes that will support small business that is the backbone of our country. 

I know you are creative and resourceful, you've had to be. Think about this: How do we get you out of the mess that the government, the banks and the economy have put you in?