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New Regulations Crushing Small Business Owners

September 21st, 2011 by cameronfrick

Wow I’m glad I’m from Canada. Many families, including my own, have some ties to small businesses. New Regulations put in place throughout the last few months are driving many small business in the US down the drain. Some of these new regulations make no sense at all. For one man, who has owned a luxury car shop for years, new bylaws force him to pay up to $25,000 per vehicle in fees and additional parking fees because apparently you can’t park cars for sale on personal property. That seems kinda insane. Another guy who owns a limo company now has to purchase a permit for each county he drives in. These run him around 10,000 each. On top of that, he can’t have any cars that are over 5 years old, no matter what type of condition they are in. To me it seems like the US Government is just trying to make money anywhere possible, giving no thought as to the business owners they are putting out on the streets. In my opinion, the large corporate businesses or the Government itself should be the one taking the hit.

http://money.cnn.com/galleries/2011/smallbusiness/1109/gallery.regulation_nightmares/2.html

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