Posted on 10/24/2008 10:49:24 AM PDT by Turret Gunner A20
I talk a lot on the air about making escape plans in the event Barack Obama becomes president and starts to enact some of his anti-business agenda. Fine. But what should those escape plans consist of?
Today's lesson in developing your escape plan will revolve around your small business. By small ... we're talking up to a few hundred employees working for a partnership, Sub-S Corporation, LLC, or simply a sole-proprietorship.
Start now to reduce the number of employees. Now I'm NOT saying to reduce the number of workers .. just the number of employees.
Do you have any real idea what Barack Obama has in store for you? Well, there's higher taxes, of course, but consider also his plan to eliminate secret ballots in union elections. This will be one of the first bills out of the MoveOn-Democrat congress, and since Barack Obama is currently a sponsor, you can bet it will be signed quickly. Small businesses around the country are going to suddenly find themselves unionized.
Have you considered the Family Leave Act and other government regulations of the employee-employer relationship? Though it hasn't been a campaign issue, you can count on the Democrats reducing the threshold of employees needed to be subject to the act, and you will soon have to pay these people a portion of their salary not to work; maybe all of their salary.
There is one way around several of these headaches that are sure to come with an ObamaNation. Temporary staffing agencies. Don't hire your employees. Use a temporary staffing company instead. Temporary doesn't necessarily mean temporary. When it comes to clerical help and many administrative duties in your workplace, as well as people like warehouse workers, machinery operators and others, you can find a temporary staffing company near you who can provide the workers (not employees, workers) you need.
Here's the advantage. These people don't work for you. They work for the staffing agency. You don't pay them. You pay the staffing agency. You don't have to provide them with benefits like health insurance. That's up to the staffing agency. They can't unionize your workplace. You simply change staffing agencies. When a worker becomes a problem you don't have to jump through all sorts of legal hoops to fire them. Just tell the staffing agency to send someone else. The problem worker works for the staffing agency, not you. When your taxes go up you can simply tell the staffing agency that increased costs are going to lead to cuts, either in the number of their people working for you, or in the amount they're charging you for these people.
So, there's your step one. As soon as Barack Obama becomes president-elect start talking to staffing firms in your area. Reach an arrangement with them and you can start cutting jobs – and headaches. Don't feel bad about those you let go. Chances are they voted for Barack Obama and they're just getting what they so richly deserve anyway.
In other Nuze we'll talk about shipping some of your jobs overseas. For now, it sounds like a pretty good time to be in the temporary staffing business.
As a long time consultant this article is truth. It is amazing how much easier it is to hire/fire contractors than workers, both from a corporate HR and federal/state employee law viewpoint.
Well. To each his own. But if I were you, I'd first check with some Eastern Europeans, who have fled here, their opinion of living under Communist rule.
Just for the next week or so. When McCain wins we can go back to normal.
Please tell more about how this works.
Ask chavez,stalin or mao. The state controls your former business by default when ‘relieving you of service’. The local politico are the state at that level.
ping
Are contract employees really cheaper than regular employees? I would think the overhead costs in dealing with a temp firm would tend to eat up a lot of the savings.
“Or I can just pack up and go to China...”
“Well. To each his own. But if I were you, I’d first check with some Eastern Europeans, who have fled here, their opinion of living under Communist rule...”
It would just be changing one Gov’t run socialist-capitalist economy for another....
That will lead to the elimination of paper money. Mark on forehead or right hand, anyone?
Contract Labor
Outsourcing
Virtual Assistants
Converting Earned Income into Passive Income
OR
Go to our hidden base in the Colorado mountains and wait for it to collapse without us.
“Well. To each his own. But if I were you, I’d first check with some Eastern Europeans, who have fled here, their opinion of living under Communist rule.”
I’ve talked to some and the difference is shrinking fast! Americans have no idea what they are in for if O gets in.
Wrong - committed, enthusiastic employees are the lifeblood of most good businesses. If you do not have any you most likely do not know how to manage your employees - and your business.
bttt
That’s the best way.
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True enough. Just be sure to document, document, document. Also, check out the “Self-insured medical reimbursement plan” where you can write off all of your deductibles, eyeglasses, co-insurance, etc. dollar for dollar. Search for Sandy Botkin, tax planning expert. It. Is. Beautiful.
Thanks for the tip on Sandy Botkin.
Looked on Amazon - I especially like her books
“How to Pay Zero Taxes”
Zero... 0bama... yeah, if he’s elected, I’m certainly going to go for paying NO taxes to fund Zero’s plans.
Scorched earth policy. He can have 100% of nothing, which exactly matches what he really is - 100% of nothing.
Actually, Sandy is a HE. Either way, the books are very helpful. Hope you like them.
Yeah, our library had HIM listed as “Sanford”.
ahh! the voice of reason. most, not all, temp. employees could give a rats ass about your bottom line.
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