Why Can't Chuck Get His Business Off The Ground?
Three words: Regulation, regulation, regulation. (Warning: annoying voiceover.)
Another fine effort from the Institute for Justice.
Why Can't Chuck Get His Business Off The Ground?
Three words: Regulation, regulation, regulation. (Warning: annoying voiceover.)
"An ahhhhnest livin'
Good job on the voiceover warning. Funny, though.
Matt D at October 28, 2010 8:28 AM
ChicagoBoyz - Increasing Entrepreneurship
David Foster refers to a post by Warren Meyer on 07/08/10.
For small-business owners, even small regulations cost money, time and energy. No wonder new hiring has slowed.
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On January 10, 2008, our company actually, shockingly, had a creative idea. Instead of refueling our boats at a lake in Ventura County CA using zillions of 5 gallon gas carriers, lets put in a small double wall gas tank.
It would save a ton of useless labor, it would greatly reduce fuel spills on the lake (the nozzle, unlike the 5 gallon cans, has overflow protection), it would save lots of trips into town to fill gas tanks — a winner all the way around. Granted this was a pretty small idea, but sometimes success in small business is a lot of bunts and singles.
After hundreds of manhours of effort, numerous checks written to the County and the state, and I don’t know how many forms filled out, on July 1, 2010, exactly 901 days after we got the creative idea, Ventura County gave us the last permit we needed to go forward.
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Andrew_M_Garland at October 28, 2010 1:34 PM
My BF is trying to get a small business off the ground. The red tape is a nightmare. But the biggest nightmare is the fact that many of the city bureaucrats he deals with are confused by the red tape as well and give him false information, for which HE is then penalized and fined, delaying opening yet again.
sofar at October 28, 2010 4:46 PM
"After hundreds of manhours of effort, numerous checks written to the County and the state, and I don’t know how many forms filled out, on July 1, 2010, exactly 901 days after we got the creative idea, Ventura County gave us the last permit we needed to go forward."
And heaven help you if it ever leaks. Even though 5-gallon cans get spilled all the time.
Cousin Dave at October 28, 2010 5:45 PM
India is only now on its way to becoming an economic force because they have cut back on red tape, regulation and bureaucracy. At least they have finally figured it out.
David M. at October 29, 2010 6:07 AM
"For small-business owners, even small regulations cost money, time and energy."
For small business owners, regulations are *particularly* crushing. In a big business, you hire people to do the admin they create. In a small business, the business owner wastes half his/her time on them, instead of on actual production.
Lobster at October 29, 2010 3:42 PM
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