Reply to Thread

Message

<blockquote data-quote="Glocktogo" data-source="post: 3604172" data-attributes="member: 1132">This doesn&#039;t tell the entire tale. One of the biggest reasons small businesses fail (particularly in the first 5 years), are poor business management practices. If they manage to survive and exceed their local niche market, they&#039;re competing directly with large corporations, which operate on economies of scale and favorable tax law that small businesses can&#039;t take advantage of. Yes employee salaries are one of the biggest operating costs, but a successful small business will strike a balance between salary, benefits and work environment that helps them retain good employees. Those companies will retain at least a core of competent employees to train new hires as turnover dictates. Any small business owner who simply says &quot;I can&#039;t get ahead because people are lazy and won&#039;t work for $X.XX, needs to look in the mirror. Much of the time, they&#039;re their own worst enemies.</blockquote>

[QUOTE="Glocktogo, post: 3604172, member: 1132"] This doesn't tell the entire tale. One of the biggest reasons small businesses fail (particularly in the first 5 years), are poor business management practices. If they manage to survive and exceed their local niche market, they're competing directly with large corporations, which operate on economies of scale and favorable tax law that small businesses can't take advantage of. Yes employee salaries are one of the biggest operating costs, but a successful small business will strike a balance between salary, benefits and work environment that helps them retain good employees. Those companies will retain at least a core of competent employees to train new hires as turnover dictates. Any small business owner who simply says "I can't get ahead because people are lazy and won't work for $X.XX, needs to look in the mirror. Much of the time, they're their own worst enemies. [/QUOTE]

Verification