Affordable Health Care Act Killing Small Business

How is Obamacare Effecting Your Small Business?

For many small business owners and including mainstream colleges mean they have to cut back hours, on all employees, working over 30 hours per week.

Double Even Triple Workloads

If you are a small business owner, this means you or another staff member, mostly on salary, will have to increase your work load from 5-10 hours of labor, it would normally be handled by working employees. Now you, will have to pick up the slack.

Doing The Employee Math:

3 Employees x 10 hours = 30 Hours The Employer Or Institution will have to pick up.
As an employer, you will either have to sub out your work or do the work yourself. Also, you may have to be re-trained to go over all those steps, that normally, an employee would do, get your orders out, shipping and handling, customer service and only you know what else.

There are a variety of Solutions to choose from, but start planning Now!

If you are shipping products, contract out a mailing fulfillment service.
Contract out your customer oversees or locally as a part time position at home.
Sub out your marketing material and promotional campaigns.

Anyway, there are a plethora of changes that are coming, this year 2013, you need to pay attention too. Did you know, the government says that the super rich, starts at $150,000 per year.  Once you reach this benchmark, your taxes go up, not including everything around you (expenses) are going up as well.

We’ll keep you posted till next time.