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Reply to "Small business question. Please do not laugh at me."
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[quote=Anonymous]I have had several members of my family who ran small businesses for several decades right up until about 20 years ago when their profit margins could not keep up with the various expenses involved with running the business such as having to pay the employees $10 an hour. My family members all threw in the towel 20 years ago. Have we finally reached a point where the business expenses (such as having to pay employees $20+ an hour) are just too high for most small businesses to survive? Wages, retail rents etc... Its just no longer feasible in my opinion. Will 2026, 2027, 2028 end up being the final nail in the coffin for the few small businesses that are left?[/quote]
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