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Economic recovery may be around the corner, but how far is that corner. Jobs can only be created when small businesses see improvement in sales. High taxation will not help the cause. Business owners need tax incentives and lines of credit to give them working capital. Let's think about it. As an example, let's say that a small business owner is offered a tax incentive when buying new and more efficient equipment, but doesn't have the business credit or capital to do so. Now imagine a bank giving that same owner a line of credit for $100,000. The business owner buys new equipment, which will in turn, will feed the company that manufactures the product along with all their employees, then there is the trucking company, installers, and maintenance people. Now your business is able to produce more with this new equipment therefore you hire a salesperson which will bring new business, and this new business will have to be taken care of by your new employees. Now one could say we need more high paying jobs. So let's take the same example and add technician to the job description. In other words, jobs can't be created without stimulating our biggest and most important part of our economic structure, which is The Small Business Owner.

Posted by Aurelio Mattucci on June 14th, 2011 1:37 AMPost a Comment (0)

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