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Old 01-04-2007, 02:05 PM
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boefixepa boefixepa is offline
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Default Re: Do you ever get inspired by an entrepreneurial idea?

The ideas are great, but being in small business and seeing all the costs that people really never think of until they get the bill....really puts me off. All the different kinds of insurance, the taxes...did you know you have to pay taxes every year on all of the office stuff you already paid taxes on when you bought them...really...the people who just decided they are not going to pay you...etc...etc...etc. It really get to be depressing at times. Granted you could keep it small, but I really would rather just work for someone else right now. I like working for a small business and being able to see all of the aspects you just don't see working for a larger company.

It's a real risk too, one really mad person with a good lawyer or a sypathetic judge can cost you some money. One job gone south could cost you your business and the security you've spent years building. One badily injured employee, even if you do have Worker Comp, can have a HUGE impact on you. Taxes, or legalities you didn't know about or understand can become HUGE expenses. I've seen them all, so beware. Make sure you know what you are getting into.
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