Small business owners can only work so hard...
We can--and now do--work longer hours, reducing otherwise higher labour costs.
We can utilize "just in time" ordering, reducing the high cost of having inventory sitting on a shelf gathering dust. Unfortunately that system's result--stress--can't be claimed as an expense under Generally Accepted Accounting Principles.
While nary a small business owner isn't aware of increasing costs, it's Year End when those increasing costs--more correctly, what comprises them--becomes very clear.
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| "All the people who could afford to leave Ontario", a decidedly tongue-in-cheek depiction of British Columbia. |
The culprit is overhead.
It doesn't decrease if business owners work harder.
Or work smarter.
A six year comparison (2008 through 2013) for Highlands Golf:
Water taxes: 119.2% increase
Hydro: 52.964% increase
Phone (telus): 14.52% increase
Vehicle (six-month) insurance: 62.245% increase
Property taxes (3-year comparison due to a reclassification by B.C. Assessment): 28.329% increase
I didn't think so.
I'm left grateful for small mercies:
Highlands Golf isn't open in February when British Columbia's newly-proclaimed new Statutory Holiday, called Family Day, is observed.
"One less Stat Holiday to pay an employee," offers Kia.
Thanks for that, Christy Clark.
