Two Ways to Offset the Rising Staff Costs for Small Businesses
Profits margins are getting tighter for small businesses owners. Rents, wages, and material costs continue to rise higher and higher. By 2019, minimum wage will hike up to $15 an hour in New York State. Less than three years ago, the minimum wage was only $10.50. That’s an almost 50% increase within 3 or 4 years.