Small Business and Tax Reform

Open for BusinessIn an open letter, the International Franchise Association (IFA), a lobbying group for franchises like Dunkin Donuts, McDonald’s and Starbucks, is asking the U.S. Senate to “tackle comprehensive tax reform in order to improve the business environment for America’s 825,000 franchise small businesses.”

Unemployment is high.  Nationally, the rate is 9.6% as of September 2011.  In the Raleigh-Cary MSA, it is 8.8% and 8.2% for the Durham-Chapel Hill MSA (August 2011 figures).  To put this in comparison, “long-term full employment” is 5%.  So how is the unemployment situation (and in turn, the economy) going to get fixed?  Many, regardless of  political perspective, believe that this is going to be done by small business. 

How is the economy affecting your ability to hire?

–J. Nolfo helps companies understand their customers though a variety of market research strategies.  He has over ten years of experience of market research for strategic planning purposes.  He is the Director of Research at Rhino Market Research.  He shares his thoughts about market research with his blog “Pensare…Understanding Market Research in Business“.  If you would like to discuss this blog or how J. can help you understand your customers, email him at jnolfo@ymail.com.

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About J. Nolfo
Well...there is a lot to know. #Cx, #Analytics, #SM, Specialty #AgChem, #StL sports, & more. FT @BASFAgProducts. @Mizzou Alum. Supporter of the #Rhino. Tweets my own. #SMMW17 attendee....Dad...Hiker...Scouter...and so much more.

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