Softail
Well-Known Member
- Joined
- Mar 17, 2011
- Messages
- 12,513
- Reaction score
- -8
I'm a small business owner. I make less than my least paid employee. Sure there are some abuses in the business world, but many businesses just barely make ends meet.
Six years ago my business was doing great and my employees were treated to great bonuses, days at Seaworld, gift cards for amazing dinners for two for the employee of the month.
Now I'm being taxed to death, I'm robbing Peter to pay Paul and I've cut my staff in half. No bonuses..heck, they'll be lucky to even keep their jobs. I'm not alone. I was at a business meeting for urban businesses last month and most small business owners said they're struggling.
Many independant fast food restaurants are considered small businesses that crunch the bottom lines to make a living. I had an intern work for me for 6 weeks last year (accounting major). Being young, she was totally amazed at how little we make after expenses. She told me she doesn't know how I could possibly live like this. I wish everyone who thinks small business owners are raking in the dough would have the opportunity to see a profit/loss statement. It's mind boggling. For me, I can't walk away without destroying my credit (at my age that would be a nightmare) and all we can do is keep moving forward and pray that someone new takes office next election who can kick start the economy and provide opportunities for folks to work hard and advance. We need business opportunities for young people to grow...not over pay them to work in entry level jobs.
Just out of curiosity.. who did you vote for and why:?