New to fishbowl so, my apologies for what I don't know...
Is fishbowl a good place for small business to discuss financial challenges; namely daily operating & personnel expenses. The minimum wage is going to put us out of business!? Target is now offering $24, Costco is offering $29 ... how are small business going to compete/survive?

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We’ll, simply put you either cut costings elsewhere in the business (suppliers, rent, etc), or you pass the cost onto the customer. What is your usp? Should you be trying to compete with these large organisations or actually differentiate from them. Do your customers come to you just because of your prices? Min wage is tough…but don’t dispair….just step back and look at the bigger picture.

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That's a good point: should you be competing with big names or others within your niche. The min wage is an external factor, your role, as far as your customer is concerned, is to not waver in the services you provide. This may include training people you managed to attract and hire, and spend time developing benefit packages that will keep the best talent (found or created) with your company.

Provide strong benefits. People are looking to see the fruits of their labor to small companies that can offer big company benefits and support.

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