I run a small business. As the president and senior employee I have to occasionally fill the role of human relations supervisor, comptroller, treasurer, director of purchasing, marketing manager and, all too often, compliance officer.
According to the National Federation of Independent Business, of the more than 3,500 federal regulations in the pipeline, 739 are directly aimed at small businesses. First I have to sort through the 3,500 government regulations. Only then can I see which of the small business-related regulations apply to my business and then decide how comply with them.
Washington politicians talk about the need to grow small business in America, but they allow the bureaucrats to run unchecked in drafting and publishing - according to these stats - two new regulations each and every day, seven days a week, holidays included.
Unlike the army of Federal employees, I only have 24 hours in a day and every one of those hours I have to spend with my accountant, my attorney, or my banker to deal with new regulations, is an hour I am not spending growing my business and hiring more people.
President of Hot Shot Deliver