Why Is Smaller Government Better For Small Business?
by:
Michael Lemm
It should be common sense that the less government intrusion there is ..... the better off small business and the economy are. But it seems that some need to be reminded of this irrefutable fact.
In a nutshell smaller government means less regulation and hopefully lower taxes.
This allows small businesses to spend less of their potential profits on compliance and taxes .... and use more of that to grow and avoid the pitfalls that come with living on the edge.
That is why businesses tend to go where government regulations support them and get out of high tax, high regulation states and municipalities (or countries).
Small business is leading the way to smaller government in the US.
It is becoming apparent that the 81-agency US federal government ..... combined with spending at the level the Pentagon consumes ..... simply cannot be afforded any more. It is also becoming apparent that big business, Wall Street, and the existing US federal government have been .... and still are .... in tremendous collusion.
World economics, the current recession, and events such as those in Dubai will restructure the mammoth government industrial complexes that have been growing since World War II. And small business will be there to fill in the gaps, pick up the pieces, and lead the way to more efficient and affordable approaches.
It is a hard way to go but it will happen by default. It's called going broke - printing money until its value is shot - taking credit from others until the risk is so high they take their assets and walk away - becoming a third rate player because the necessary foresight is lacking.
The future is bright for small business. . They are the inspirational members of the greater/industrial business base that will be tasked with picking up the pieces and re-inventing the future. So our government can follow along, using every form of unique inventiveness imaginable - efficiently created, using technology to the max and not seeking financing to the hilt - only the opportunity to succeed.
Put simply ....... small government is better because:
* It means that the government has less power to interfere.
* It means that it has less power to tax or commandeer your income.
* It means that the government has to be more responsive to the citizens and their needs.
* It means that you can keep more of the profits that the company generated.
* It means that you have more freedom to decide what is the best policy for your company rather than the government make those choices for you.
* It means that you have greater freedom on deciding who to hire for your company.
Bottom line .... with less government involvement, you have the power to decide how best to run your business.
About the Author:
Michael is the owner of
FreedomFire Communications .... and also authors
Small Business Resources Cafe. The Cafe Is Open. So .... Grab A Cup Of Joe & Sit Awhile!
No. of Times this article has been viewed :
451
Date Published :
Dec 8 2009
Most Recently Published Small Business Management Articles as of
|
|
Jul 15 2010
Bankruptcy for Small Businesses
by
Bass Franklin
Filing for bankruptcy as a small business owner can have it's advantages, but it can also be complicated.
|
Jul 14 2010
Have You Used a Checklist to Ensure that Your Small Business is an Effective Organization?
by
BMA Editorial Team 3
In this article we discuss what you need to do, and provide you with a checklist to make sure that your small business develops and grows as an effective organization.
|
Jul 14 2010
Business Energy Woes? There are Ways to Cut Costs
by
BMA Editorial Team 3
Running a business is tough enough without having the added stress of having to worry about how you are going to manage paying high energy bills every month. There are however, some measures you can take which will lower those costs.
|
Jul 11 2010
Consider Utilizing a Mobile Card Swiper for PayPal Credit Card
by
BMA Editorial Team 3
The development of the credit card swiper that could be moved anyplace permitted handy swiping of the plastic card for the automated input of the important data into the laptop or computer. And with PayPal credit card processing now achievable, vendors could experience improved sales.
|
Jul 10 2010
Think You Can't Afford Your Own Vending Business? Think Again
by
BMA Editorial Team 3
Some people think they will have to make a huge initial investment to start their business, but one advantage of a vending business is that is can be started with a small investment and can grow at your speed.
|
Jul 9 2010
Small Business Coach Vs Consultant
by
BMA Editorial Team 3
Small business coaching entails bringing about positive change in the working of an organization and the workers as a whole. It helps to determine goals that meet the best potential of the organization.
|
Jul 9 2010
How Small Business Coaching Works
by
BMA Editorial Team 3
Small business coaching not only helps you move forward but also helps in ensuring professional and personal development, which will eventually lead to your personal growth, and success in business...
|
Jul 9 2010
Factors To Consider Before Selecting the Right Payment Gateway for Your Retail Business
by
BMA Editorial Team 3
In conclusion, it is very very important to know your specific needs and available options prior to selecting the right payment gateway for your retail business. Whether your priorities are with costs, integration, or security, plan ahead and decide what your goals are for your business.
|
Jul 9 2010
How Will This Year Be Different?
by
BMA Editorial Team 3
Any fool can be busy. Just as it takes no special talent to run around like a headless chicken, it takes no special talent to be consumed by other people's deadlines.
|
Jul 6 2010
How To Apply for Government Grants: Your First Steps to Avail Government Funding
by
BMA Editorial Team 3
Even if you are looking for additional funds for education, for small businesses, housing, or you are promoting an environmental project, you can also avail of grants from the government.
|
Jul 6 2010
Pros and Cons of Credit and Debit Card Processing
by
BMA Editorial Team 3
The question of whether or not a small business owner should or should not allow credit card transactions is one that is difficult to answer. There are various pros and cons to making either choice which is why it is important to decide if it makes sense ...
|
Jul 5 2010
Why Should a Small Organization Pay Attention to Organizational Effectiveness?
by
BMA Editorial Team 3
In many organizations the way that things are done today often owes more to the history of how the products or services have evolved than to the logic of what is currently required to deliver to the customer.
|
Jul 5 2010
One Small Business Loans Solution for People in a Tight Economy
by
BMA Editorial Team 3
For a year now, most lenders have kept it hard for current and future small business owners to acquire the necessary capital to get things going. The current administration is trying to push things forward, but so far, it has failed to output the results to turn things around.
|
Jul 1 2010
Free Grants for Small Business - Availing More Funds for Your Business
by
BMA Editorial Team 3
If you are looking for free grants for small business to get additional funding to your business's capital, you can explore the possibility of getting financial help from the government.
|
Jul 1 2010
Wholesale Opportunities for Home Based Small Businesses
by
BMA Editorial Team 3
For a home business, no matter what size home business you might have, you are going to want to look into buying items wholesale. There is simply no other way that this can be a success for you - there is something great about buying wholesale and about enjoying the benefits...
|
|
Search for ebooks on Management & Business