The article discusses the rising trend of solopreneurship in the U.S., highlighting the increase in non-employer businesses and their struggles due to policies that can discourage entrepreneurship. While solopreneurs make up a large percentage of small businesses, they face challenges similar to traditional small business owners, such as securing funding, managing healthcare costs, and navigating complicated tax systems. The article emphasizes the need for government interventions to improve access to funding and to raise awareness about tax-deductible loans, which could help solopreneurs thrive.
Despite the growing trend of solopreneurship, entrepreneurs often face significant barriers like healthcare costs and tax complexities that inhibit their ability to thrive.
Solopreneurs, now representing 82% of all small businesses, face challenges related to funding, healthcare, and taxes similar to larger small business owners.
Government assistance is crucial for solopreneurs, particularly in increasing awareness of tax-deductible business loans that can ease their financial burdens.
Solopreneurs need tailored financial resources and legislative support to overcome the barriers that come with being self-employed without employee benefits.
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