A new survey reports that the potential minimum wage hike could close 3 percent of small businesses. Another 30 percent of small businesses said that they would curb hiring./p> National executive search firm The Lucas Group asked 400 small- and mid-sized businesses how a minimum wage hike may affect their daily operations. Many of the respondents said that they would be … [Read more...]
Archives for June 2014
Affordable Care Act Impacts Small Businesses
January saw major changes to the US healthcare system and small business owners are some of the most affected. From tax breaks to penalties, companies from California to New York are feeling the crunch. Rules for Single-Person Businesses The Affordable Care Act essentially says that everyone must have health insurance or pay a fine. Entrepreneurs and sole proprietors fall … [Read more...]