Small business bears the brunt of regulatory costs

"The research finds (2005) that the cost of federal regulations totals $1.1 trillion; the cost per employee for firms with fewer than 20 employees is $7,647. . . Governement regulations cost more per household than health care.

Environmental and tax compliance regulations appear to be the main cost drivers in determining the severity of the disproportionate impact on small firms. Compliance with environmental regulations costs 364 percent more in small firms than in large
firms. The cost of tax compliance is 67 percent higher in small firms than the cost in large firms."

The 2005 findings were consistent with those of 1995 and 2001. So how will our government help small business in this time of economy strain? By adding more environmental regulations and higher taxes.

Read the full report for SBA here.