The Wells Fargo/Gallup survey found 72 percent of small businesses said that regulations were hurting their “operating environment.” Breaking the poll down, 46 percent reported regulations were hurting “a lot” and another 26 percent said they were hurting “a little,” according to the January 2013 poll. That cast regulation as the fourth biggest hindrance to business success and therefore growth and job creation behind healthcare costs, taxes and the price of energy.
That’s just the small business sector, you say. As it turns out,according to the SBA, small businesses make up 99.7 percent of U.S. employer firms, and create 64 percent of net new private-sector jobs.
Let’s look at the top three hindrances: healthcare (via the so-called Affordable Care Act is nothing but the largest group of intrusive regulations that tap in to everything from doctor patient relationship) employer mandates and the already over complicated tax code.
As for taxes, the Internal Revenue Service is all I need to say.
The Energy Industry is one of the most geo-politically controlled in the world. Regulation and political policy can and do vastly effect the cost of energy. That manifests itself in higher cost on utilities bills and when fueling up the family car as well as the delivery vans.
The good news is we are still America and we can make changes at the ballot box, cut cost in other areas, and market like crazy and increase revenues. We must have persistence.
To say “have persistence” is a little like saying “have a nice day.” It’s a nice thing to do without much meat or meaning so here is some wisdom for business from God and man on persistence.
In business we often find ourselves having to overcome obstacles of all kinds far and above those mentioned here. These additional issues may be supply or labor issues or simply the seemingly infinite time between customers or clients. Often times, complications are beyond our control.They can be caused by the actions of others, a down turn in the economy or a myriad of others possibilities. If we have prepared, planned and worked diligently then our only recourse is persistence and prayer.
“Success is almost totally dependent upon drive and persistence. The extra energy required to make another effort or try another approach is the secret of winning.” – Dennis Waitley, The Dragon and the Eagle
“The majority of men meet with failure because of their lack of persistence in creating new plans to take the place of those which fail.” – Napoleon Hill, Think and Grow Rich
(1)Then Jesus told his disciples a parable to show them that they should always pray and not give up. (2)He said: “In a certain town there was a judge who neither feared God nor cared about men. (3)And there was a widow in that town who kept coming to him with the plea, ‘Grant me justice against my adversary.’
(4)For some time he refused. But finally he said to himself, “Even though I don’t fear God or care about men, (5)yet because this widow keeps bothering me, I will see that she gets justice, so that she won’t eventually wear me out with her coming!”er
(6)And the Lord said, “Listen to what the unjust judge says. (7)And will not God bring about justice for his chosen ones, who cry out to him day and night? Will he keep putting them off? (8)I tell you, he will see that they get justice, and quickly. However, when the Son of Man comes, will he find faith on the earth?”
Weather it is regulations, healthcare cost or taxes we must make a plan, execute it to the best of our abilities and show the persistence of our fore bearers that made this country and economy the best and strongest in the world.
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