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Business Unplugged™
This blog features Carol Roth's tough love on business and entrepreneurship, as well as insights from Carol's community of contributors.

Entrepreneurs and the Minimum Wage Debate

Written By: Catherine Morgan | Comments Off on Entrepreneurs and the Minimum Wage Debate

piggy bankEditor’s Note: Carol believes that entrepreneurs and small business owners are being forgotten in the minimum wage debate. As you may know, Carol guest blogs on several other platforms. Her latest on is one that I thought would be of great interest to many of you. Here is an excerpt:

“Part of the problem is that the headlines rarely focus on small businesses and entrepreneurs. While there are around 28 million small businesses in this country, with approximately 6 million that have employees, the headlines always center around the slightly more than 18,000 “large” U.S. corporations. We hear about Wal-Mart when more than 50 percent of the working population is employed by small businesses. So, while I disagree with the premise of minimum wage increases, I challenge those who want to penalize a handful of big companies with a change that will affect millions of small businesses who would have to abide by that same changed legislation as well.”

Would raising the minimum wage even help the people it is intended to? Carol isn’t so sure.

Read the full article here: Entrepreneurs Are Forgotten in the Minimum Wage Debate.

Article written by
Catherine Morgan is the founder of Point A to Point B Transitions Inc., a virtual provider of coaching services to individuals who are in business or career transition. She specializes in helping entrepreneurs transition to corporate jobs they love. Catherine is the author of the eBook Re-Launch You: Discovering Your Point B and Embracing Possibility. An experienced independent consultant who was employed by three of the former Big Five consulting firms, Catherine speaks frequently on topics related to career transition, small business, productivity, and mental health. She doesn’t take herself seriously, but takes her subject matter very seriously.