Small business owners throughout Long Island are becoming increasingly unsatisfied with ever-changing New York State regulations while facing federal health plan issues.
An August survey on small businesses owners in New York conducted by Thumbtack, an online resource center, revealed that New York ranks among the bottom-five worst states to run a small business. A main reason, the study shows, is because the state is an “unfriendly” environment due to fluctuating labor regulation that put owners in murky water with government compliance.
In part because of that, small businesses on Long Island are outsourcing their payroll to keep in compliance with government regulations, Tom Gibson, President of Interchange Business Organization, said.
“If you are not utilizing an experienced payroll company to keep you current it is unlikely that the standard business owner will be able to keep abreast of the law, no matter how long she or he has been in the game,” Vincent White, an employment attorney at White, Ricotta & Marks, P.C. said.