Wednesday, January 7, 2009

Here's to small businesses

Michael Alter, president of payroll services company SurePayroll, said small business owners tend to be very reluctant to cut jobs because it's often a matter of firing a relative or friend who has been with the company for years.
Business owners' first inclination may be to absorb a few bad months by taking home less profit rather than axing jobs, which could help explain why larger firms were quicker to cut when the economy starting to sour.

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