Home-based bakers saving the American economy may sound a bit far fetched, but small business owners saving the economy by creating new start-ups, stimulating cash flow and hiring employees is a real possibility. From the owner of a kiosk in a local mall, to the chef operating a mobile food truck, almost 60 percent of the private sector workforce is employed by a small-business owner.
So how can small business save the U.S. economy? It starts first with limiting the amount of regulation
placed on small business owners; and creating start-up opportunities in the form of incubators that help educate and provide information on how to successfully run a lucrative business.
The old adage, “if you knew better, you would do better,” has never been more true than today. Small business failure stems from a lack of capitalization, knowledge about business management and operations and for home-based bakers and food processors, a lack of commercial kitchen facilities to meet all those food processing rules and regulations.
There is no doubt “cottage food laws
” allowing home food production is a start but it does not provide small business owners the opportunity to “grow” their thereby adding employees, increasing their reach and deliver of goods and services outside their local community.
The solution continues to lie in local entrepreneurs banning together to not only demand, but in some cases, push, scrap and knock their way through to what is needed to survive in this economy. The same way home-based bakers were able to band together and get cottage food legislation introduced, entrepreneurs from various industries must commit to learning about what it will take to move their businesses forward and demand support from their state and local government.
So, the next time you point your finger at some government official, complaining about something that does not exist in your community, remember there are three fingers pointing back at you; and although these politicians are in office because we put them there, it won’t be until we start holding them accountable that things will change.