Working for yourself: to many people, that is the ultimate dream. Choosing your own hours, calling all the shots, and running things the way you want them to do done. However, the freedom of being your own boss is not easy; many small businesses don’t turn a profit right away. There are many challenges to overcome for the business to have staying power. According to a survey conducted by the Pew Research Center, the number of self-employed Americans has dropped in recent years, to 10 percent in 2014. In Arizona, especially, we are seeing this trend, as the number of small business owners in our state ranks lower than much of the nation.
According to The Kauffman Foundation, which studies small-business activity, about 6.2 percent of Phoenix adults own their own business. Because the growth in our state has slowed down, fewer Arizonans are opening small businesses like laundromats and restaurants. Technology-based start-ups, however, are popping up everywhere, and there is a growing support network focused on helping these tech start-ups succeed.
If you are a small business owner, or considering starting your own business, navigating the legal issues that come with the territory can be confusing and overwhelming. Whether you are the sole employee or managing a small team, it is important to understand all your options when it comes to employment law issues. For assistance with all labor and employment matters in Phoenix, Tucson, and all surrounding areas, contact the Thunderbird Law Group, PLLC. The Thunderbird Law Group, PLLC, can help you understand your legal concerns, your rights, and your options for protecting your small business.
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