If your small business fails because you can’t pay you employees enough to live off of, that’s a problem with your business model. The problem with small businesses is that the people starting them have no idea what they’re doing.
I live in a country with reasonable minimum wage and small businesses are doing fine. My city (5 million people) only has 5 Walmart’s while while American cities with half the population (I’ll use Houston for example) have 24. Low wages are integral to Walmart’s business model, not in opposition to it.
If your small business fails because you can’t pay you employees enough to live off of, that’s a problem with your business model. The problem with small businesses is that the people starting them have no idea what they’re doing.
Enjoy your Walmarts on every corner.
I live in a country with reasonable minimum wage and small businesses are doing fine. My city (5 million people) only has 5 Walmart’s while while American cities with half the population (I’ll use Houston for example) have 24. Low wages are integral to Walmart’s business model, not in opposition to it.