As a business owner, it can be difficult to understand how the Affordable Care Act can affect your business. So to help clarify the myths versus facts, the Small Business Administration is launching a new blog series called “Myth vs. Fact: The Affordable Care Act and Small Business.”
One prominent line of thinking that seems to recur frequently is the idea of making sure your business never reaches the 50 full time employee threshold that places you under the financial dictates of the Affordable Care Act. The idea is to layoff or never hire that last employee in order to avoid the financial consequences of having to provide health care insurance for all of your employees. My question is this, doesn’t this kind of thinking allow the competition to come in and steal market share by serving those customers who are not getting the proper attention from your 49 employees?
I’m just saying, The Affordable Care Act may not be a pillar of the laissez-faire free market economics but failing to adequately serve your customers will almost certainly bring the wrath of the free market down on your head.
We have recently made available to our mailing list clients a brief summary of The Affordable Care Act, more commonly known as ObamaCare. This summary explains how many of us will be affected when mandatory health care coverage becomes effective January 1, 2014. This information can help you be ready for the changes that are coming.
Unfortunately, due to contractual obligations we cannot publish the summary to this blog. However, the good news is there is no cost or obligation to join our email list which provides this type of useful financial information for ordinary everyday people written in easy to understand language.
If you would like to begin taking control of your financial affairs this is a good place to start. To be added to our list and receive your very own copy of this powerful tool all you have to do is ask. Simply contact me at:
and ask to be added to the weekly email list. If you change your mind, its just as easy to remove yourself by clicking on the “remove me” link at the bottom of each weekly email.
So give it a try, you’ve got absolutely nothing to lose and everything to gain.
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