We will start our newsletter with postings of links to Articles of Interest relating to Small Business Operations.

Here is the first one on Minimum Wages and their impact on small businesses.

The concept of a minimum wage seems straightforward: ... the wages of some workers are too low, [so] we should pass a law requiring those wages to be higher. What could be simpler? The current proposal would immediately raise the federal minimum wage from $5.15 to $5.85, then to $6.45 one year later and to $7.00 after two years. Minimum-wage jobs are... the first rung on the employment ladder for most workers. Small businesses create 75% of new jobs annually Low-wage jobs are the first rung on the economic ladder of success for workers entering the labor force. When we cut off the bottom rung by increasing the minimum wage, we keep youngsters from making the transition to work.

Small Business

Minimum Wage laws hurt Small Business