Jump to content


Photo
- - - - -

Lower taxes equals hire more people and other nonsense


  • Please log in to reply
25 replies to this topic

#21 pstall

pstall

    Gazebo Effect

  • Joined: 24-November 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 23,140
  • Reputation: 2,954
  • LocationMontford
HUDDLER

Posted 05 October 2012 - 12:44 PM

this is my point. how YOUR biz is doing is only YOUR frame of reference. it's not some bizzare par value for small biz's across the board. each entity has it's own unique set of taxes and costs per the local and state level.

too many of the cases i'm working now are families whose small biz's have collapsed. it is a very interconnected world on the small biz scale and many times, you may only being doing good because your customers are doing good. not because you are some genius.

i have seen every angle of biz's the last 17 years. from advising them on generating wealth and revenue to tax implications to being more innovative to workforce solutions.

#22 Niner National

Niner National

    Senior Member

  • Joined: 24-November 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 3,581
  • Reputation: 493
HUDDLER

Posted 05 October 2012 - 01:06 PM

this is my point. how YOUR biz is doing is only YOUR frame of reference. it's not some bizzare par value for small biz's across the board. each entity has it's own unique set of taxes and costs per the local and state level.

too many of the cases i'm working now are families whose small biz's have collapsed. it is a very interconnected world on the small biz scale and many times, you may only being doing good because your customers are doing good. not because you are some genius.

i have seen every angle of biz's the last 17 years. from advising them on generating wealth and revenue to tax implications to being more innovative to workforce solutions.

While I don't disagree that it is different for every small business, our business is intertwined with all kinds of businesses.

We have retail stores, home service companies, construction, manufacturers, real estate, and B2B clients. They're all doing well, and I have the data to prove it because we track every piece of marketing and communication our clients do on the web and off. We listen to every contact that is made and tag them for sales closed, sales lost, etc.

In many cases, we know more about our clients' business than they do.

Across the board we've seen increases in the last year.

If their expenses have risen, it hasn't caused them to fire people or stop hiring.

Does that mean that every business is doing well? No, of course not, but we have a pretty good sample size of small and mediums sized businesses in virtually every industry.

#23 pstall

pstall

    Gazebo Effect

  • Joined: 24-November 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 23,140
  • Reputation: 2,954
  • LocationMontford
HUDDLER

Posted 05 October 2012 - 01:16 PM

that's good. i would say we are many many years from a bona fide recovery. some elements in the economy may being doing well but it's new growth and new jobs that are going to save us.

many companies did their homework and adapted and have done well. but if the buyers start to go down or funds are reallocated elsewhere for that person to maintain, it has an opposite ripple effect.

what's intresting in what was described and the jobs report is does this mean because of the current tax structure biz is good? does it need to change? if ain't broke don't fix etc? the joys of unintended consequences

#24 GAme

GAme

    MEMBER

  • Joined: 07-August 12
  • PipPipPipPip
  • posts: 398
  • Reputation: 62
HUDDLER

Posted 05 October 2012 - 01:25 PM

this is my point. how YOUR biz is doing is only YOUR frame of reference. it's not some bizzare par value for small biz's across the board. each entity has it's own unique set of taxes and costs per the local and state level.

too many of the cases i'm working now are families whose small biz's have collapsed. it is a very interconnected world on the small biz scale and many times, you may only being doing good because your customers are doing good. not because you are some genius.

i have seen every angle of biz's the last 17 years. from advising them on generating wealth and revenue to tax implications to being more innovative to workforce solutions.

That is a good point. In my experience in contracting, it has been increasingly difficult to hire employees. The IRS is worse than they have ever been.

Tensor - That's a pretty nice success story for this economy. What line of work are you in?

#25 Niner National

Niner National

    Senior Member

  • Joined: 24-November 08
  • PipPipPipPipPipPipPipPipPip
  • posts: 3,581
  • Reputation: 493
HUDDLER

Posted 05 October 2012 - 01:42 PM

That is a good point. In my experience in contracting, it has been increasingly difficult to hire employees. The IRS is worse than they have ever been.

Tensor - That's a pretty nice success story for this economy. What line of work are you in?

We do marketing (mostly digital) for small and medium businesses. We also do web design, but we don't really make money off of that. That is pretty much just a foot in the door to sign clients up for on-going marketing services.

Most of our clients are home services contractors like HVAC, plumbing, home builders, remodelers, architects, fire protection, water/fire damage restoration, etc.

We also have a few real estate companies.

We have B2B services like information technology and a historical stock ticker data broker.

A few trade organizations.

Some lawyers.

A major hospital system.

And some other stuff I'm surely forgetting.

Most of our clients pay us $1,500-$4,000/month. We like to pride ourselves on helping small businesses grow. We've had several clients double in size since being with us.

It's been a great company to work for so far. I was employee #13 or 14 I believe and we have about 30 now. Mostly in Maryland, but we're in the process of hiring more in Charlotte.

#26 GAme

GAme

    MEMBER

  • Joined: 07-August 12
  • PipPipPipPip
  • posts: 398
  • Reputation: 62
HUDDLER

Posted 05 October 2012 - 02:00 PM

That's a great market to be in if you can keep customers happy. My stepmom ran a marketing agency for years and was heavy in web, radio, and tv marketing. Very very lucrative if you have a good staff and the right design people.


0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users