Quote:
Originally Posted by faithful_servant
As an employer you have a responsibility to keep your business open and your employees employed. If your expenses outweigh your income, then no one has a job. If you raise your prices, then it effects the poorest people the most. So you can raise wages and close your business or you can raise prices and your employees can pay more for the products you and thousands of other small businesses produce, pushing them more and more to buying everything from Wal-Mart, driving you out of business or if not buying at Wal-Mart, consuming the additional income by having to pay more for stuff. So much for small business and "the little guy".....  |
Payroll should not be viewed as an expense in the traditional sense of the word. Payroll should be treated as a capital investment but it's a difference of mindset. Small businesses aren't going to be competing on price... They just aren't, therefore they should be competing on quality. Better pay allows a business to keep better workers, keeping better workers will allow the business to create better products/services, and better products/services will allow the businesses to succeed. Instead, small business owners have a mindset today that they need to be competing with Wal-Mart on price...
Their reality check bounced.