Small Business

Level 9

Since: Nov 10

Powellton WV

#1 Oct 19, 2012
How many have started up/and or are
running small businesses?

Level 9

Since: Nov 10

Powellton WV

#2 Oct 19, 2012
I know I've talked to quite a few
of you, natives shall we say, that
have business experience but have any
of you guys ever started a business?

“I know where you are,”

Level 8

Since: Jun 08

Right here under my thumb

#3 Oct 19, 2012
I used to up until 3 years ago.

Too much of a hassle - our business took us across state lines. Taxes were burdensome, company transportation, etc.

I can't imagine what health insurance would cost me now - it's just crazy pricey now.

Level 9

Since: Nov 10

Powellton WV

#4 Oct 19, 2012
milwaukee69 wrote:
I used to up until 3 years ago.
Too much of a hassle - our business took us across state lines. Taxes were burdensome, company transportation, etc.
I can't imagine what health insurance would cost me now - it's just crazy pricey now.
The way things are I wouldn't even consider
opening the kind of business where I had employees.
Payroll and taxes and all that crap would drive
a person crazy.

Go back to the part about crossing state lines...
What kind of a hassle did you have w/that?
Hoosier Hillbilly

Terre Haute, IN

#5 Oct 21, 2012
I have had many experiences starting 'small businesses' and things have transgressed to the point now I wouldn't even consider it!
And feel sorry for those that try-government could care less about the 'small business' person-FACT!

“New & Improved..”

Level 8

Since: Oct 07

Formerly From Kenya

#6 Oct 21, 2012
Ran an LLC until the taxes & rules were completely out of control, flopped it to a DBA for the last couple of years and was actually able to break even, still, the insurance and liability took whatever profit was left.
Sam

United States

#7 Oct 21, 2012
arctic wrote:
How many have started up/and or are
running small businesses?
Answer:

NOBODY since Dems took control of CONgress in Jan 2007/Owe-Bummer took orifice!!!!

Well, unless you're Solyndra, or one of these other "gems"..

The complete list of faltering or bankrupt green-energy companies:
1.Evergreen Solar ($24 million)*
2.SpectraWatt ($500,000)*
3.Solyndra ($535 million)*
4.Beacon Power ($69 million)*
5.AES’s subsidiary Eastern Energy ($17.1 million)
6.Nevada Geothermal ($98.5 million)
7.SunPower ($1.5 billion)
8.First Solar ($1.46 billion)
9.Babcock and Brown ($178 million)
10.EnerDel’s subsidiary Ener1 ($118.5 million)*
11.Amonix ($5.9 million)
12.National Renewable Energy Lab ($200 million)
13.Fisker Automotive ($528 million)
14.Abound Solar ($374 million)*
15.A123 Systems ($279 million)*
16.Willard and Kelsey Solar Group ($6 million)
17.Johnson Controls ($299 million)
18.Schneider Electric ($86 million)
19.Brightsource ($1.6 billion)
20.ECOtality ($126.2 million)
21.Raser Technologies ($33 million)*
22.Energy Conversion Devices ($13.3 million)*
23.Mountain Plaza, Inc.($2 million)*
24.Olsen’s Crop Service and Olsen’s Mills Acquisition Company ($10 million)*
25.Range Fuels ($80 million)*
26.Thompson River Power ($6.4 million)*
27.Stirling Energy Systems ($7 million)*
28.LSP Energy ($2.1 billion)*
29.UniSolar ($100 million)*
30.Azure Dynamics ($120 million)*
31.GreenVolts ($500,000)
32.Vestas ($50 million)
33.LG Chem’s subsidiary Compact Power ($150 million)
34.Nordic Windpower ($16 million)*
35.Navistar ($10 million)
36.Satcon ($3 million)*

Wanna know why YOU can't succeed at a small business? Because YOU are going to pay for THESE fcukups for YEARS to come!!!!

Do you GET IT YET??????????

“I know where you are,”

Level 8

Since: Jun 08

Right here under my thumb

#8 Oct 22, 2012
arctic wrote:
<quoted text>
The way things are I wouldn't even consider
opening the kind of business where I had employees.
Payroll and taxes and all that crap would drive
a person crazy.
Go back to the part about crossing state lines...
What kind of a hassle did you have w/that?
Some states have higher/lower tax rates and restrictions on interstate businesses - especially small businesses. Plus one of my employees lived in another state - compounding the problem. It was just a great big hassle - not to mention the transportation costs and insureance. It was a great idea, unfortunately the industry we served tanked about 6 months after we opened. The timing was ill advised. I'm just happy we got out when we did - the monetary damage was minimal.
Hoosier Hillbilly

Terre Haute, IN

#9 Oct 22, 2012
China maybe 'ahead-of-US' but they're still following or lead!

China is changing. Its miraculous growth is slowing. Wages are rising. The endless labor supply has reached its limit. It’s normal for economies to ebb and flow, but a more fundamental shift is emerging. Small businesses have lost their
funding for business loans.

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