Health care is a cash flow challenge for small businesses and so is the health care bill, according to the National Federation of Independent Businesses:
"It is shockingly clear that with its new taxes, fees and government regulation, it won’t a: lower your insurance costs and b: will most definitely increase the overall costs of doing business for small businesses."
Small business is commonly referred to as the engine of the economy. So why throw gunk into an engine instead of reviewing more of the modeling that the NFIB has done to show how overpowering legislation will hurt the economy?
We'll see if small businesses hire fewer workers, especially entry level workers, and avoid giving raises in order to grapple with the rising costs of doing business and managing cash flow.
Despite the vote, take the next months to educate your congressional representative and your employees on how the health care legislation impacts the ability to turn a profit and run a business.
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