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.
Best line I've seen today-- workers should think of it as an 'investment' in education.
Anybody know how I can Obama-proof my salary?
The other thing I'm considering is getting a public sector job.
If you can't lick 'em, join 'em.
Business owners are already making plans. If Obama wins a lot of businesses are cutting back any spending, layong off workers and hoping to hang on until 2010.
I know two people in the last few days who have said their company is planning on downsizing if Obama wins. One company may just shut down. They employ about 30 to 50 people.
Any business hoping to ride it out to 2010 faces - The problem that in 2010 CAIR/ACORN/SEIU will run our elections if Obama wins.
I had expansion plans that are on hold until the election. If McCain wins - I am going full out. If Obama wins, I will probably cut back on everything.
Or I can just pack up and go to China.
The thing about using the temp agency is the cost to use them will go through the roof. They will have to pay those higher taxes and worker’s comp insurance AND run the risk of being unionized. All of those costs will be passed on to their clients.
Interesting take on the situation. And I do like your closing statement.
Employees of temp agents are usually “independent contractors”. We do not get ANY benefits. As an independent contractor, I am responsible for paying for all of my own professional liability insurance and benefits. The client only pays an hourly rate for the person based on market value.
After my dad (who passed on in 1989) sold his business and retired whenever he needed some extra money he would go from business to business in the small town where he lived telling the owners he would work for $X paid under the table. He was always able to find employment usually after only 2-3 days of searching. I suspect that in the coming regime there will be a lot more of this going on.
After my dad (who passed on in 1989) sold his business and retired whenever he needed some extra money he would go from business to business in the small town where he lived telling the owners he would work for $X paid under the table. He was always able to find employment usually after only 2-3 days of searching. I suspect that in the coming regime there will be a lot more of this going on.
I began working as a consultant in 1994.
This was just as the Rs were taking over the Congress after Peter Jennings’ “Temper Tantrum”.
That’s significant, because a huge portion of the internet (such as it was at the time) that dealt with consultants talked about the “20 Questions”. These were 20 questions the IRS possibly ask you to establish if you were a consultant or actually an employee. Won’t go into all the details, but there were some landmark cases involving Microsoft and other large companies.
Well, the whole issue of those 20 questions gradually went away. I worked a position for 11 years as a consultant, in total violation of the previous policy. Once the reps. took over, I believe the IRS relaxed their rules due to pressure from the pro-business republicans.
You can likely bet there will be a reversal of this policy is 0 wins and the congress is controlled by the dims.
I saw all this because of this article’s advice to hire temporary employees.
More to the point, FIND OUT who the 0bama supporters are, and MAKE SURE they are the first to go.
BULL! Re-read Neal’s article above. What he’s recommended is good business, regardless of who wins the election.
Sure! Quit your job and get on every government program you can find. (Any chance you could start popping out a baby you can’t afford every year?)
Open a small business (LLC), just you (and your wife), and counter your salary with your “business losses”.
That’s the best way.
India comes to mind. Oops. That is my McCain line.
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