- Jeff Dumas
- El Dorado, AR
- United States
A way governments could encourage new business start ups.
Starting a business is a lot of work, obviously, and one of the biggest obstacles a new business owner faces is learning how to fill out government forms and making sure their taxes get paid. A government could encourage new businesses by making this learning process easier and less scary by giving them an option of either paying or waving their taxes for the first year or two of business if they would attend some sort of class a few times a year that would force them to learn and understand the correct forms to fill out for their particular business. I wonder how many businesses fail in their first year because of how complicated governmental compliance is. Not only would something like that make starting a business less stressful which would allow the business owner to focus more on being productive - the government would have a more stable source of income in the long run. At least I think they would. Even if someone has a degree in business from a university; they don't graduate with this kind of information. At least I didn't. Thoughts anyone?