Another Business Crushed by Too Much Government
China Fun was a popular restaurant on New York’s Upper East Side for a quarter century. But the constantly accumulating weight of Big Government finally forced it to close:
“The climate for small businesses like ours in New York have become such that it’s difficult to justify taking risks and running — nevermind starting — a legitimate mom-and-pop business,” read a letter posted by the owners in the restaurant’s front door.
“The state and municipal governments, with their punishing rules and regulations, seems to believe that we should be their cash machine to pay for all that ails us in society.” …
Albert Wu, whose parents Dorothea and Felix owned the eatery, said the endless paperwork and constant regulation that forced the shutdown accumulated over the years.
For example,
Wu cited one regulation where the restaurant was required to provide an on-site break room for workers despite its limited space. And he blamed the amount of paperwork now required — an increasingly difficult task for a non-chain businesses.
Other albatrosses include minimum wage, various insurance requirements, and myriad Health Department rules and regulations.
But now the good news:
The de Blasio administration noted the city provides free help to small businesses. The “Small Business First” initiative helps owners save time and money while reducing the amount of paperwork.
Free compliance advisors are available for on-sight consultation aimed at helping small businesses comply with regulations.
Who pays for the “free” compliance advisors? Overtaxed businesses like China Fun.
They break both your legs, then hand you a rickety crutch that they force you to pay for, meanwhile acting like you ought to be grateful — that’s Big Government in a nutshell.
People go to great lengths to escape places like China for the USA because this is still known as the Land of Opportunity. But it won’t be for long, if trends continue.
On tips from Sean C and Lyle.
Source: http://moonbattery.com/?p=79853
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Whistler Blowers, Insiders
Under the current business environment, a person has to be crazy to start a new business!
I have started and owned several businesses in the past, over time i got so sick of all the compliance regulations that i decided to shut them down. Currently I have a good business model that I would like to bring to fruition, but since i would need to hire employees, i have decided to pass. I do not need the B.S from the government anymore.
On a good note, by me and the many others that feel the same about not starting the new business and creating jobs, the government will get less tax revenue and not be able to fund as many wars!