Originally Posted by
gugie
If your workload requires you to send business away, then the supply/demand intersection isn't being met.
Pricing component in that demand curve?
Having talked to a local bike shop owner very recently, finding a new mechanic is hard, Wary of paying big and then if demand collapses, letting them go and if prices are raised to balance the demand/supply curves, now having ticked off customers who think you are now only thinking "big Bucks"
In California there are workmans comp covid claims...not going to win there.
WC insurance Rates are rising. what was once 10% is now 16%, add in state unemployment insurance, Cal SDI, mandated OSHA training... sexual harassment training... (employees get paid for while taking that)
Any new hire is a potential whistleblower risk. (small shops are notorious for ignoring break rules, lunch rules, none of the shops I worked for did it by the book, a new hire can upset the status quo)
I see a sole proprietor business to be the way to mitigate that but of course limits total revenue.
There is a big evolution brewing. May indeed make things better for employees eventually.