This split - between what most people think is a small business (let's say under 100 employees) compared to what government and politicians think is a small business - explains a lot of the rhetoric at the debates.
It also explains a recent survey showing that most small businesses think the rich should pay higher taxes.
The bottom line is that there has been no discussion about the issues that small businesses themselves say that really matter to them.
Another of the confusing issues that has arisen during the election cycle is around how taxation works for small businesses - in particular those using one of the forms of 'pass-through' taxation (basically available to LLCs and S-Corporations). At issue is how much pass-through taxation allows a relatively profitable small-business to avoid (or not avoid) tax liability using this model. We've added a couple of articles to our roundup this week that cover the basics of incorporation structure just to help clarify.
On the lighter side we also ran a great article on making the most of the hidden perks that your credit card offers.
If you haven't taken the plunge yet, hopefully some of these articles give you the impetus to start your own business — and if you do, we have tools to help. Besides our domain name, web hosting and ecommerce products, we also have just added an innovative marketing dashboard that you can try for free even if you don't use our other products.
Some other great small business articles form around the web this week.
Fail fast: Five weeks and $52 later. (an interesting look at the new 'fail fast' approach)
Three ways to boost your business beyond order-taking (this is a very solid article on increasing sales)
6 scary mistakes small businesses make. (Halloween is coming after all)