Tuesday, November 24, 2015

Too Many Small Businessmen Don’t Earn a Minimum Wage

                   
This merits repeating:
                       
If you allow for capital placed at risk in a business instead of safer investments elsewhere, and you consider time on the job by the boss and unpaid members of the family, most small businesses actually return very small income to their owners.
                                           
In too many instances the actual earnings translate to less than the legal minimum wage, were they employees. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

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