Business owners face a cost spike

Posted by on July 18th, 2008 at 05:24pm

ø MeetTheFirms.com ø Official Meet the Firms Site! wrote an interesting post today on
Here’s a quick excerpt
(Fortune Small Business) — With commodity, fuel and insurance costs hitting record highs, small-business owners are anxious about next week’s federal minimum wage hike, which will require employers in 26 states and the District of Columbia to raise their base to at least $6.55. Next week’s increase of the current $5.85/hour minimum wage is the second of three consecutive annual hikes mandated by a 2007 amendment to the Fair Labor Standards Act, known as the Fair Minimum Wage Act. When legisla

Read the rest of this great post here

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