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Originally Posted by Argie's Wife
LIforrelaxin -
You're overlooking one major overhead cost that all business owners have to deal with - insurance. If you're employing people, you have to pay workers' comp and FICA and all that jazz. If you're open to the public you have to carry certain liability insurances. If you serve alcohol, then you probably have to carry additional insurances and have to be inspected and have to meet certain code, etc.
Oh, I could go on.... but this is why I am self-employed and will never grow my business to have employees - I work on a contract basis ONLY.
When you get down to it, the only people making money are really the insurance companies - think about it...  |
To be honest I work for an insurance company and trust me it is far from us making the real money, it goes past us to the re-insurance companies and the government, trust me, I do not want to discuss because it is another time and place and it will make your head spin