\"Small Business and Regulatory Issues\" A recent report sponsored by the SBA\'s

Question

"Small Business and Regulatory Issues" A recent report sponsored by the SBA's Office of Advocacy ("Small Business Research Summary"), published in 2010, noted that the average annual regulatory cost per small business employee (2008) was $10,585. This is considerably higher than the average cost per employee for larger businesses, and has considerable impact on hiring or retaining workers. Please refer to this study (you need only read the Executive Summary and Key Findings), and post comments as to compliance and its impact on small business and new venture development regarding your Business Plan.

This report is also available in eReserves--("The Impact of Regulatory Costs on Small Firms--2010"). https://www.sba.gov/sites/default/files/The%20Impact%20of%20Regulatory%20Costs%20on%20Small%20Firms%20(Full).pdf

Explanation / Answer

Some of the impact of the study are

Above mentioned are some of the impact that the study could have on the start up companies.

Related Questions

Navigate

• Browse (All)
• Browse #
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.