Small Business Reading Room

Wednesday, February 01, 2006

Is small business being regulated to death?

Last September the SBA (Office of Advocacy) released a report that analyzes the cost of regulations
on small and large firms.

The Impact of Regulatory Costs on Small Firms

According to the Executive Summary from that report, the annual cost of federal regulations in the U.S. increased to more that $1.1 trillion in 2004. Small businesses (defined as 20 or fewer employees) face an annual regulatory cost of $7,647 per employee. That whopping sum is a 45 percent higher than the same regulatory costs faced by large firms (defined as having 500 or more employees).

I didn't hear this among the economic themes in yesterday's State of the Union Address.

posted by Unknown at 1:34 PM - permalink 0 comments

Small Business Reading Room

Is small business being regulated to death?

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