Monday, October 12, 2009
About those regulations on small businesses
We all know that regulations have a negative impact on business.
I don't think many of us have any idea that the impact is this significant.
Keep in mind also that every expense finds it's way into the cost of the products we purchase...
I don't think many of us have any idea that the impact is this significant.
Keep in mind also that every expense finds it's way into the cost of the products we purchase...
Jan Norman has the story at FreedomBlogging.com:
"The total cost of state regulations on businesses is $493 billion and 3.8 million jobs according to the first-of-its kind study.business-regulation-3
That’s an average of $134,122 per California business, $13,801 per household and $4,685 per resident each year.
The California report is significant, according to the Governor’s Office of Small Business Advocate, because small businesses are 98% of the state’s enterprises and provide 52% of the jobs."