Doing business in the US sucks...here is why.

[marcopolo]

Originally Posted by eRayP

Oh and after the government helps you build a business and if you become successful they want a huge take of the profits. It's almost not worth the aggravation of starting up, the debt and hiring people who do not appreciate everything you do and the risk you took.

Go punch a time clock. At least you get to clock out.

Yeah but when you punch a time clock the man owns you lock stock and barrell. My biggest customer is 2% of revenues so no one person owns me--I'm the boss.

[bobtn]

Originally Posted by mainebrokerman

All depends on the business, all depends on the owner

is it easy to open a new business? no, but it isnt meant to be easy, nothing worthwhile is easy, just the way it is.

if you have the detemination, and work ethic to open your own business, then it's a better chance you will do well as an owner, if you trip and complain over every bump in the road, then you probly shouldnt be owning a business or managing people/employees.

9 in 10 fail, bringing others down with them (as they end up not paying bills).

We'd all be better off if people more honestly assessed whether thave have what it takes first, and tread lightly over the decision of opening a business.

[jm1982]

Banks seem to rarely do small business loans unless they are Sba loans in which the sba guarantees the majority of the loan

I agree the costs of doing business can be kind of crazy, but that shouldn't dissuade people from starting a business .

As others mentioned , if it was so easy everyone would do it .

The good part about making things difficult or expensive is that not anyone can jump into business

Of course with the Internet that changed a lot and peOple can technically start a business with very little money or regulation

With regulation it's hard to say what is enough or too little
As we saw with the supposed regulation of the sec on wall street

Which turned out to be a joke

For starting a business overseas I think it depends . If you look at the Rich people from other countries , many of them started out because they were friends with the rulers in power .

Look at the middle east , Asia

In America I think it probably is easier to start from nothing and family ties don't mean as much

Research the top richest people from foreign countries.

[andywire]

Haha, go try to start a business in China. They will do everything possible to stop you. Not saying our system is perfect, far from it actually. The observation you made is kind of foolish though. Because it's hard here, doesn't mean it's any easier anywhere else. You deal with "government" everywhere. Government is always inefficient because they aren't concerned about turning a profit or balancing a book. Our country's debt prominently displays this. Every business is forced to carry this burden and must price "government" into their cost of doing business. Everyone is competing on a level playing field at the end of the day, because they are dealing with the same headache. If you go out of business, blaming our regulations and such is silly because every successful business is also dealing with them.

I don't like our tax system, and every year I dread doing my taxes. That's life. Doesn't mean paying taxes is necessarily easier anywhere else.

[NHartphotog]

Originally Posted by Bluff_Dweller

For years the government has been trying to discourage small businesses. It costs the government more money to keep track and maintain records on small businesses than the small amount of money they get from them. The government only wants to deal with businesses that pay in large amounts of fees. IMO

Absolutely correct. Our government is owned by Big Business, and they HATE small business.

Take the biggest legislative fiasco of modern times, Obamacare. This is a perfect example of Big Business (Big Insurance, Big Pharma) using government to crush small business. "ObamaCare envisions that doctors will fold their private offices to become salaried hospital employees, making it easier for the federal government to regulate them and centrally manage the costly medical services they prescribe. To get this control, ObamaCare creates "Accountable Care Organizations," which are basically hospitals coupled with local doctor networks that the hospital owns. It forces doctors to sell their medical practices to these networks if the physicians want to maintain what they're paid by Medicare." OBAMACARE FORCES DOCTORS TO SELL PRACTICES TO HOSPITALS | BWCentral

[marlinfshr]

I'm in the process now of starting a service business. Getting the LLC and ein number were quick and easy. Just opened a bank account and got approved for a company credit card. Everything up to this point has been a piece of cake. I'll go into town and get a business license next week though the side of town where I'll mainly be doing business doesn't require one for this type of work. It sounds like a straight forward process, though, and is cheap. My only hang up is insurance. Wow! It's expensive but in order to continue on I need it. It seems we have become such a sue crazy society that the lawyers have got hold of everyone and now places require a high minimum of insurance to allow you to do business. And being in the marine business doesn't help because just the mention of boat or water takes the price up ten-fold.