A lot of us dream of running our own business one day. Being a business owner can be really rewarding, both personally and financially. But the reality is that running a business is a lot of hard work. There’s a lot of overhead, employees, marketing, customers and product quality. Of course, you also have to deal with licenses, taxes and regulations from federal, state and local agencies.
What’s it like to run a business? In this short video from PragerU, the economics of running a business are explained by using an example we’re all familiar with: a lemonade stand. Check it out:
Does that change how you look at being a business owner? Share your thoughts on Facebook, and get out there and support those lemonade stand entrepreneurs!
Impact of Regulations
When the government regulates business, does that help or hurt consumers? Business owners? Employees? Check out the facts here.