then was “how does a small business owner save for a rainy day?”
Add onto that expense, we small businesses have to have insurance on everything: fees for a license to have a business, taxes on our business property (building/land), then we are charged on our office furnishings and equipment, and let’s not forget health, liability, and workers comp insurance,. etc. How can there possibly be any money left to “live on”?
No funds to hire new workers There are many small business owners who are passionate about our businesses, and find it rewarding to provide a service to help others. However, it is still sad that many small businesses are struggling, and it is unclear what our government is doing to be of any real support. Recently, someone encouraged all businesses to hire one employee for six months to help the economy, but I know that there are small business owners who are not even paying themselves, much less have money for a new employee.
More Bank Fees Another recent notice announced that some banks are increasing credit card charges, and lately a bank sent out a notice that small business accounts, who keep less than $1,000 will be charged a fee of $10 a month. Great! So the banks are paid $10 a month to hold small businesses’ money? With
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all the technology and changes in the banking world, (automated tellers, etc.), why do we need to pay more fees?
Government needs to help On the other hand, small businesses have been able to survive a lot over time, though it would be nice for “government and big businesses” to take a load off of the “little guys”. As creative and spunky as small businesses have been in the past, I will continue to root for them! Yahoo to the American Small Businesses!!! !
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