On remaining hopeful for the continued growth of small businesses despite current economic headwinds:
“For sure there’s been extreme uncertainty, I think that what’s important to note though, from an overall perspective, we’ve had a historic economic recovery. Ten and a half million people applied to start a business in the last two years. That’s a record high, 84% higher than historical averages.
On the recently passed Initiative 82 that will change how tipped workers get paid in Washington, D.C.: “I think tipping is a relic of the past…for whatever reason, restaurant workers have always been paid a sub-minimum wage and the tips make up for it, where basically the customers become the employers of the individual that’s working there. I do think that it’s time for that to go away because it’s unfair for somebody to be there working and depending on a customer’s whim whether or not they can make a living.
SBAIsabel Sooooo.....due diligence. What a concept.