Home Advertise Contact Blog Advertiser Login RSS
Newsletter Signup

Buy A Business Opportunity of Franchise
Home-Based Businesses
Choosing a Business Opportunity Growth and Profit Marketing and Sales
Plans and Goals Running Your Own Business Start-Up
Working From Home Entrepreneur Exchange Feature Articles
Opportunity Community Opportunity Focus In The News

Happy first day of December! It’s December and the end of the year is in full-swing. Don’t go into the holiday travel season without the December Book-of-the-Month: Business Adventures by John Brooks.

December means that its holiday time. No matter what holiday you celebrate it’ll...

Female celebrities are breaking the stereotypes of Hollywood and diving into the world of business. Check out how these women are using their fame, fortune, and power to start their own companies. From media production to makeup, these Top Female Celebrity Business Owners are doing it all!

As...

With only a few weeks lefts in 2017, it’s time to get organized now! The holidays are around the corner and you don’t want to be scrambling at the end of the year. Use these Small Business Organization and Tax Tips to End 2017 to help you keep the end of the year stress to a minimum.

Happy...

Sponsors

STARSCAPES®
Imagine making up to $500 to $1,800 a day! Call or click now see how you can get your business for FREE! (602) 679-0257
Promotional Products Home Business
Run Your Own Business. Be Your Own Boss. Earn Great Profit Potential. Start At A Low Cost. Try It For Free! Learn More.
Residual Income Business Opportunities
Residual Income is the way that you work once and get paid multiple times—sounds great!... Read On
Top 7 Reasons to Consider a CMS
The internet loves obscure abbreviations. You can skip over most of them, but not CMS. What is CMS? read on...
The Ideal Length of Everything Online, Including Social Media Posts
When one of your busiest marketing channels limits you to 140 characters, you know that the internet sets its own rules.
Low Cost Business Opportunities to Own
Are your right for a Low Cost Business Opportunities to Own? The desire to own your own business... Read On
Why Advertise Your Business Opportunity?
Over the years we have been fortunate enough to receive quite a few testimonials. In fact, ... read on
National Property Inspections
Flexible work schedule, no experience needed, and complete training and support available!
How Many Leads Does It Take To Close A Sale?
This Featured Article is live on our blog and I know could be very insightful for connectivity and ROI.
Top 50 Home-Based Business Ideas
Home-Based Business ownership can be the most rewarding endeavor you will ever undertake. The new year... Read On
I Want To Buy a Business Opportunity or Franchise
Who are the types of people who buy a business opportunity or small franchise? According to people in... Read on
Copying & Publishing Business Opportunities
Today creativity abounds in the printing and publishing space with more unique business solutions than ever imaginable.
 
Resource Center > Article
Small Businesses Divided on Proposed Minimum Wage Increase
26 Apr 13 Posted by: Kathleen C Lanza
in Growth & Profit
Share this Article:

Small Businesses - Ever since the President proposed raising the minimum wage from the current rate of $7.25 an hour to $9 during his State of the Union address back in February, small business owners have been weighing in with substantial concerns. But findings released just this week by the Small Business Majority tell a different story.

Small Businesses Ever since the President proposed raising the minimum wage from the current rate of $7.25 an hour to $9 during his State of the Union address back in February, small business owners have been weighing in with substantial concerns. But findings released just this week by the Small Business Majority tell a different story.Two-thirds of the 500 small business owners surveyed, in this case, said they support such an increase, coupled with an annual adjustment for inflation. Moreover, 85% of them report they already pay their employees more than the current minimum wage. Their take on the subject? That raising the minimum wage will actually benefit small businesses because it will increase consumer spending, which is good for the overall economy.

Retailers and fast-food restaurant owners have been particularly vocal when it comes to opposing a minimum wage hike, claiming it will cut too deeply into their profit margins and therefore prevent them from hiring or expanding their operations. Their position has been supported by survey findings by other small-business advocacy organizations, such as the National Federation of Independent Businesses (NFIB) and the National Small Business Association (NSBA).

Of particular interest is the fact that support for the President’s proposal in this particular survey cut across party lines, with 46% self-identifying as Republican, 35% Democrat and 11% independent.

"From a point of view for strategy, if you are trying to build momentum, you will start with places that are more gettable," such as cities with a high cost of living, said Yannet Lathrop, research and policy analyst at the National Employment Law Project, which supports higher wages.

 

More than 4 of 10 employees in the U.S. earn less than $15 an hour, including 96 percent of fast-food workers, according to NELP. Nine cities and states around the country have boosted hourly wages to $15.

But in Lathrop's analysis, it's not only America's costliest cities that will soon require a $15-per-hour minimum wage. Most Americans, whether they live in Alabama or New York, will need to earn at least $15 an hour to make ends meet by 2020, she said in a recent CBS news report.

HOT TOPIC! What do you think? Is it time to raise the minimum wage? What or why not? How will raising the minimum wage affect your small business or small businesses overall? Let us hear from you…

Source: CBS News

Related Blog Posts
16 Oct 17 Posted by: Margaret Mallonée
in Growth & Profit

Want more sales? Need to grow your business? Use the Top 7 Methods to Generate More Leads!

If you read Friday’s blog, you know that one of the best ways to increase sales is to generate more leads....
21 Apr 17 Posted by: Kevin James Culp
in Growth & Profit

Offering Financing Boosts Bottom Line - Staying afloat takes some capital. But the process of attracting financing is confusing for small business owners.

Offering Financing Boosts Bottom Line - Here is a look at how you can offer help with financing and credit to small business owners. You...
19 Aug 16 Posted by: Kevin James Culp
in Growth & Profit

The Business Franchise Opportunity Sales Tips 7 Part Series was an idea launched by Keith Shaffer Director of Personal at TheLocalProject.net two weeks ago after a coaching session.  The credit goes to him for this...

10 Feb 16 Posted by: Kevin James Culp
in Growth & Profit
Sales Hack to make you more money! Sales Hacks are not new, but how you use them is.  We receive lots of emails from people about various issues and we are always happy to help.  We also in many cases learn how we can do business better for the future.  Today, I share with you an actual letter we received...
29 Dec 15 Posted by: Kevin James Culp
in Growth & Profit
Funding is the lifeblood of any business. The principle reason entrepreneurs put off starting their own business is lack of it. Raising funds from venture capitalists, friends and family is fraught with danger and is often very time consuming. Funding your business by mortgaging your home is risky too....
 
   

I had the pleasure of chatting with Shawn Pigg, CEO of Hotels Etc. for BusinessOpportunity.com's Podcast series that will be released very soon on our new Digital Platform.  Here is the transcript from that call for our regular RSS feed subscribers who get all of our posts first.

If you would...
Read More


Premium Sponsor