Friday, August 19, 2011

No Help For Small Business

Let me indulge in some shameless self-promotion. Our new look business web site is now ready. So henceforth all market blogs will be written and posted in the blog of our company website;

We are basically small business consultants and one of our major operations is offering off-site accounting and bookkeeping function to small businesses. We offer to save up to 50% of the current cost in accounting and bookkeeping function. Just think, even if a small business owner saves $ 10,000 in cost, s/he would have to generate sales of over $ 100,000 to generate that much profit otherwise. It is the small business which makes America tick. People are surprised to know that US Economy is by no means dominated by big business. Yet the big business gets most of the tax cuts and favorable policies, simply because they have the money to lobby to the politicians.

These small business account for almost 60% of the workforce and yet the government makes the life of the small businessmen/women difficult with innumerable rules, requirements and bureaucratic hoops. The financing to small business is always a problem and there are times when we have seen small business owners pawn their personal assets to make the payroll. If these people survive, America will survive. 

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