We hear a lot of talk about how small business is the great job creator. And I agree it's vital. But one commentator I read recently pointed out that the countries with the biggest per capita of small businesses, Greece, Portugal, Spain, and Italy, actually have the worst economies. And the ones with the lowest number of workers in small businesses, Germany, Sweden, Denmark, and the US, have the best economies.
If you can call our economy best. Everything is relative I guess.
But don't hire relatives.
The commentator pointed out that small businesses are, on the whole, less productive than large businesses. And though they create more jobs, we shouldn't forget they also destroy more jobs. Starting a business is easy, keeping it going is hard.
I don’t disagree. Keeping a small business going is really hard. Especially when you have to do the same paperwork for a small business as you do for large one. Of course, Wal-Mart can hire a paperwork specialist. The little guy has to stay up even later to do his own books.
Funny thing the commentator forgot though. All large businesses started as small businesses. The major manufacturers had to start somewhere.
The guys who started Boeing didn't spring into the air with a full production 767. By the way, you got to admire them for overcoming a name that sounds like a cartoon sound effect.
And apparently despite their weird name, the folks at Caterpillar are incredibly successful, and they started with nothing more than a hopped up shovel.
So when the next small businessperson comes along with a plan for, oh, I don't know, a personal computing device named after a fruit, let's give him or her a chance to get a slice of the pie.
America, ya gotta love it.
Tuesday, November 29, 2011
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