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The Benefits of Microbusiness

Finally! Love that it defines them as those with 20 or fewer, rather than 10. Next step should be toward a national definition, with improved statistical measurement of the category so we can begin to quantify the results support has on sustaining net jobs and economic growth.

3/1 UPDATE: Ohio House Bill 5 which adds and defines the term “microbusiness” unanimously passed the House, and moves on to the Ohio Senate. You can track the bill’s progress here.

In our first podcast of 2017, we update the status of microbusinesses in Ohio, and discuss the benefits and challenges associated with running them.

Host Mary McCarthy talks to Sharon DeLay, the president and owner of Go-HR. They share stories of struggles facing microbusinesses with retaining quality employees, paying (or not paying) for healthcare, and the lack of tax incentives.

What You Will Learn:

  • What microbusinesses need to be more competitive
  • An advantage microbusinesses have over larger companies
  • Who microbusiness owners need to talk to, to make change happen

HB 601 would add the definition of “microbusiness” to the Ohio revised code.  The Ohio House Commerce and Labor Committee has approved the bill, but it still has a…

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