Why is it so hard to start business in rural areas?

Oh yeah, it is. The first time I went, I was skeptical. But I always bring a few bottles back to Chicago. Even my biggest wine snob friends always want a bottle of some wine from there.

"Can you get me the Riesling next time you go home?" Always stuff like that.

 

of course it's culture shift. And, it depends on your definition of rural America. 30-50 miles from a major city isn't really rural. As I've stated, it's not just agriculture but mining, wood and paper were all in rural areas and the drivers of the economy. Either you worked in those industries or had a business which served those who did. As regulations increased, it drives away those jobs. So, less people means less need for medical staff, grocery stores, hair salons, car dealers etc etc etc

why not visit some towns along the Appalachian Trail? For most, their best days are long gone.

On another note, to start a business there must be some confidence that you'll be able to realize enough revenue to cover your costs and pay you something. So, you need capital to begin the business and sustain your life until your business can provide a paycheck to you. If your biz plan requires an employee, and given the push by leftists, that means you need $600 for the employee plus workman's comp, SS, liability insurance and, either $2500 for not providing medical insurance or $$$$$ to provide insurance

So, you need to factor in about $900 CASH to cover that 1 employee. That is after inventory (if any), rent/utilities/insurance and you haven't even paid yourself.

So, before wanting to lament over why rural areas don't see new businesses, why not consider how your measly little vote be it for state legislature, governor, US rep and senator and POTUS has ripple effects. If you vote Democrat, then the downfall will continue with no motivation for people to risk their own capital to start a business

Small business is the key if we really want this country to turn around. We can no longer afford to stifle business with nonsense of cap and trade, the ACA, min wage increases, unregulated borders etc etc.

Interest rates are at historic lows so money goes into the stock market. Why not encourage private investment so those with capital are willing to risk it? Let's get Angel investors back into the market and only punish them with a 5% capital gains tax.

 

Interesting.

 

I'm not putting anyone down...it is reality. I live in a town of 15,000 which has quite a bit going for it yet 90% of the jobs are service and hospitality and farming all paying lower wages. Almost none of these workers can live in this town because of the high cost of living. There is little opportunity for significant wage growth without starting a business or holding a professional job position. This is reality!

BTW; in my county the local food pantry serves approximately 80,000 people per month which is about 20% of the total county population...

 

Is there anything wrong with cottage industries, farming and other business over major corporate production in fact the broader economy likely is better than one depending on one factory IMHO. If the rents and so on are an issue the local government and county should try things to promote affordability.

 

My county government does everything it can to encourage cottage-industry business but they still have limitations, like health department issues, so without lots of money investment, many cottage businesses remain small and low incomes.

I've always advocated a huge increase in farming. Today the average distance produce travels before it's in our grocery stores is 1500 miles partially because lots of it comes from outside of the US. IMO it's inexcusable that US farmers do not provide 100% of our needs. But in order to expand farming we need government help, more water, and people willing to do this work...

 

Impossible minority quotas ?

I am very rural, and there seems to be plenty of small business here.
Whether services, or online retail (mostly weaponry, of course but plenty of variety).

 

makes sense.

 

It's rural mERKA. I think a meth lab would be a good option. That or an evangelical church.

 

I think it would be hard to support that industry. Even though I'm sure there would be a solid workforce for that methlab lol.