Doing business in the US sucks...here is why. (credit card, lawyer, license)
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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.
This past summer Obama and Elizabeth Warren said that small business people "you didn't build that". They were referring to their businesses so it must be the government that helps people build businesses.
No matter how often that lie is repeated, you can't make it true.
Location: where people are either too stupid to leave or too stuck to move
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well i found being from the US has an advantage, everyone thinks your trustworthy and can afford to buy their stuff..i sell jewelry though so there isn't much risk except with fine jewelry
No matter how often that lie is repeated, you can't make it true.
You are so right stanman, but the public will tend to believe the lie after a period time. The Democrats are past-masters of this tactic. Probably the Republicans are doing it as well. IMO
You're angry because established businesses won't go out of their way to accommodate your startup?
He's angry because only big business has the capital to pay the staggering cost of doing business. Example: 90% of all the beer sold in the USA is made by breweries owned by two companies, and neither of them is an American company. Now, it is only mufti-nationals that have the petty cash wallop to comply with all the regulated costs of keeping a place in the market.
(Yes they are: SABMiller UK and AB Inbev Belgium. All major labels in Canada and Mexico are also owned by those and other European brewers.)
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
there use to be a risk/reward market forces, but i do agree government is making it tougher - between permits, insurances, taxes, you must have the resolve and character to deal with all this.
as far as suppliers/wholesalers, I see the opposite that you do, I worked for a grocery wholesaler, that could take an owner/investor thru all the steps needed to opening a store from a-z
and they even had retail experts to help you budget your store and train your employees.
is it easy to get loans for businesses?? no...the banks need to protect themselves-how many businesses have banks backed and the business failed?? probly at least half of them...
but you cant always blame the banks, you could have a great business, and business plan,,,,the bank takes a risk on you, loaning you money, and you (the owner) turns into a drunk, or has a sexual harrassment suit against him within 3 months, or you get severely sick, or your employees rob you, and the business closes, the "owner" files bankruptcy and the bank is stuck
I have a friend that just opened a mainstreet business, he did his homework first, researched everything he neede, one step at a time, and it was very smooth
you have to do your research, but remember, no one else in the world is looking out of your eyes, its easy to get frustrated with the multiple government agencies you have to work with.
I had a small retail business. Grew from around 150K to 280K in revenue over a few years. Accounting fees were a bear as they don't scale with growth. Consistently around $7500/year to file quarterlies and annual returns for state, local, federal. That's 3%-5% of revenue. Just shouldn't be near that much, IMO. Our copy of the annual returns was about 3/8" thick. That's a lot of paper.
Have any of you tried to start up your own retail business whether it be online or brick and mortar? Trying to deal with wholesalers, distributors, and manufacturers is such a headache. They all act like they don't need people to sell their products. I have been turned down by several companies when trying to purchase their items wholesale. Some companies (like P&G) have one person that they use as a contact for wholesale purchasing. Nevermind trying to get in contact with someone, some places return your call after 2 or 3 weeks. Is this the real reason why our economy is going down? No one wants to sell their products.
No startups require 110% effort.
The reason economy going down, from your point of view, is the reluctance of investors investing in risky businesses. Sounds like you don't have enough capital to actually start your business. If you are at that stage, you are supposed to seek out VC firms or angel investors. If you lack the skills to acquire products from name brand companies, hire a professional as well as incubators. One of, if not the biggest reason many startups fail is because the founders think they can do it all by themselves.
Have any of you tried to start up your own retail business whether it be online or brick and mortar? Trying to deal with wholesalers, distributors, and manufacturers is such a headache. They all act like they don't need people to sell their products. I have been turned down by several companies when trying to purchase their items wholesale. Some companies (like P&G) have one person that they use as a contact for wholesale purchasing. Nevermind trying to get in contact with someone, some places return your call after 2 or 3 weeks. Is this the real reason why our economy is going down? No one wants to sell their products.
Having exclusive territories with specific sales goals for product lines is often the most profitable way for a manufacturer to bring products to market. If they already have a successful relationship with exclusive distributors, they may have no financial motive to take your calls.
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
it is the same thing in Europa.Advantages are for big companies: (
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