When looking at the marketplace, most business owners are not aware of ACA’s impact on their bottom line, especially if they do not prepare for January 1st.
(PRWEB) June 27, 2013
Addicus, the full-service multi-family office, explains the impact small businesses will feel under the Obamacare legislation. Taking a non-partisan angle, Addicus focuses on the law itself and how it will affect small business owners, their employees and the US economy.
For many companies, the Affordable Care Act (ACA) will force decisions that not only impact profitability, but also how they interact with both part-time and full-time employees. The article goes on to describes how the taxes associated with the ACA may encourage some businesses to cap their total staff at 50 full-time employees and that there are unpredictable costs and consequences.
"When looking at the marketplace, most business owners are not aware of ACA’s impact on their bottom line, especially if they do not prepare for January 1st,” said Stephen D. Miles, principal of Addicus. “Don’t underestimate the severity of repercussions ACA will have on profitability, tax liability and regulatory mandates, nor the dramatic affect it will have on businesses with high volume and low margins."
“The Effects of the Affordable Care Act: How Obama Care will Force Small Businesses to Make Big Decisions” is the second edition of Addicus PlusSigns, a quarterly series of executive briefs offering a new perspective on life, wealth and the world of economics. It is published by the principal members of Addicus to provide the essential facts family-owned and closely-held business owners need to make well-informed decisions and maximize their personal and professional success.
To sign up for PlusSigns, please visit http://www.weareaddicus.com/PlusSigns.
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