Stop Burdening Small Businesses - 938 Words

Stop Burdening Small Businesses As the foundation of the U.S. economy, small businesses employ 50 percent of the U.S. population. In 2010 the U.S. Census reported 27.9 million small businesses categorized by size (20-499 employees). Accounting for 64 percent of the net new jobs created between 1993 and 2011 and since the recent recession, from mid-2009 to 2011, small firms accounted for 67 percent of the net new jobs (Employment Statistics | SBA.gov, 2014). Unfortunately, rising costs and inefficient economic policy threaten the basic building block of our economy. This ordinance further compounds the economy’s sluggish recovery. Repelling this ordinance is the first step towards removing unnecessary financial burdens. Rising Costs The cost of operating a small business is at an all time high. Squeezed from every angle the biggest contributor of jobs and wages is forced to contain hiring, offer lower wages, and reduce benefits. At the core, increases in oil, commodities, and utilities force small businesses to absorb cost while simultaneously passing marginal price increases to consumers. Although marginal, the price increases hurt the consumer and producer. Producers fail to adequately cover cost and consumers still cannot afford the product or service. This ebb and flow contributes to a sluggish, stagnant economy attempting to recover. Rising Core Costs and Impact Oil: Riding on the tails of the Arab Spring the price of oil remains high. The Middle East’s eternalShow MoreRelatedThe Black Death1687 Words   |  7 Pagesperson to cough and vomit blood. The least common form, but most deadly, with a one hundred percent death rate was the septicemic plague. Even today, if a person were to come up with this form of the plague, there is no cure, treatment, or way to stop it. The symptoms are a high fever and skin discoloration of a dark purple. This dark purple, almost black looking color is where the Black Death got its name. The victims of any of these three forms of the plague were usually dead within twenty-fourRead MoreFedex Marketing2954 Words   |  12 Pagescompany is primarily associated with  document  shipping and express packs. Basically it is the American association but is expanding otherwise as well. Target Market Target market of FedEx includes; †¢ Embassies and other governmental institutions †¢ Small business owners and professionals that are in need   of professional connections at far off places. †¢ It would not be an exaggeration anyone who needs to send something anywhere in the world is FedEx market. Industry Trends FedEx hold almost 50%Read MoreEthics of International Trade3140 Words   |  13 Pageshuman trafficking, and a legitimized organ trade would make coercion and exploitation unavoidable (Rohter). 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BASIC FUNCTIONAL AREA SYSTEMS The basic functional area information systems and examples of their apps are the following. †¢ Manufacturing and production: materials purchasing, quality control, scheduling, shipping, receiving. For example, to produce small appliances, a manufacturer needs toRead MoreMarketing Management130471 Words   |  522 Pagesand/or differentiate? Price †¢ †¢ †¢ †¢ †¢ What is the value of the product or service to the buyer? Are there established price points for products or services in this area? Is the customer price sensitive? Will a small decrease in price gain you extra market share? Or will a small increase be indiscernible, and so gain you extra profit margin? What discounts should be offered to trade customers, or to other specific segments of your market? How will your price compare with your competitors? Read MoreCrossing the Chasm76808 Words   |  308 Pagesveneer of personality needed for their specific product. 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