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Could Internet Sales Tax Bill Harm Small Business

If passed the internet sales tax bill, which is currently in the Senate, could harm small businesses, reports Fox Small Business. The Bill would apply to any business that has more than $1 million dollars in annual revenue. It would require retailers to collect sales tax on all online sales.

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Social Media Works for Sales Increase, But It Takes Time

Small business owners only dedicated 3 hours a week to social media, reports Forbes. While social media can increase sales it requires more of a time investment before any results are seen.

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Better Economy, Fewer Entrepreneurs

When the economy improves entrepreneurship declines. The Kauffman Foundation’s Index of Entrepreneurial Activity shows that 0.3 percent of the adult population started a business in each month last year, reports Businessweek. That is down from an average of 0.32 percent in 2011.

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