Report notes hurdles for at-home firms
A new research report has found that home-based businesses encounter “daunting restrictions” from federal and local regulations.
Sponsored by the Small Business Association’s Office of Advocacy, the report found that complex IRS regulations hurt home-based businesses and that local restrictions unfairly hurt many home-based firms.
“Our research shows that federal regulations already have a disproportionate impact on small business,” said Thomas Sullivan, chief counsel for the Office of Advocacy. “This report shows how local zoning regulations can have a big impact on small business, as well. Since a majority of businesses are home-based, these restrictive regulations should be reviewed by policy-makers at all levels of government.”
Fifty-three percent of small businesses are home-based, according to the report conducted by Microeconomic Applications Inc. To see the report, visit the Office of Advocacy’s Web site (www.sba.gov/advo).