Thursday, March 26, 2020

What are some of the ways that small businesses are beneficial to society at large?

Caryl Mclaen: Only one reason why.Because small business fill in the small shop spaces that are for rent ,No other reason why....Show more

Star Gollnick: Small businesses provide the majority of new jobs and the majority of services today. They also spark innovation which is why every large company talks about being more like a small company, more "agile".

Filiberto Amauty: If the number of small businesses drastically declined by 90%, then....1. We will have to visit a big barber shop, just to get a shave and pay 10 times more than what we do today. Similarly beauty parlour.2. To get to tooth brush, we might have to travel in a car/bike, pay parking fees, and then buy tooth brush, in a "big bazaar" or "tata bazaar".3. All petrol bunks close and we have to visit a very very big petrol bunk, and get our vehicles filled with petrol.4. You may not get a milk packet delivered at home.5. You may not get a morning newspaper as you get it now.6. You may not be able t! o buy vegetables as you do today....Show more

Michel Mccaulley: Small Businesses employ about 70% of Americans. They create 70% of all 'new' jobs. If something happened to destroy 90% of them, we would be living Mad Max Road Warrior and the stock market DJA would be at 3,000.Small business has been under attack for decades (along with the middle class). Drive around America. How many privately owned "mom&pop" businesses do you see these days? Movie theaters, restaurants, thrift stores are all being taken over by large corporate chains. This has been called the Los Angeles -ization of America, in that one city looks like another. I like driving through smaller towns which are too low population density to have a Walmart of Home Depot and where the privately owned "Main Street" still exists.And still small business provides 70% of new jobs, or will again, once the Federal government quits scaring the heck out of their owners with threats of more regulations, more! taxes, increased health care costs, uncertain monetary policy! , banking policy, etc....Show more

Jed Porada: Small business didn't dig the oil or coal (exploit our natural resource) without paying tax like big company.

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