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Compliance is Literally Impossible for Our Small Businesses

“The word “Fairness Act” is just a marketing tool used by politicians that receive money from large companies. The large companies just want the small companies like mine to disappear…”
Thomas Carlson

Kimberly & Thomas Carlson

By Thomas Carlson , AssitedLivingStore.com

In 1999 I was employed as a Federal Agent.  I wanted to find a  way out of a career where I had supervisors and a job that controlled my life.  My wife had a Master’s Degree in Gerontology (the study of aging).  We saw the Internet as a new and exciting way to try to become entrepreneurs.  We created a company called Assisted Living Store, Inc., and started selling adaptive products that would assist the elderly and disabled to perform daily living activities easier.  It took us eight years until I was able to quit my federal job and pursue our Internet business full-time.  My wife had stayed at home during this time providing daycare services for others while raising our children.  We used the money from her daycare to fund the entire Internet business.  We had no financial backing and started our business from scratch.

In 2006 we moved the business out of our basement and purchased a warehouse in South Saint Paul, Minnesota.  We decided to expand our business and import our own line of products.  Most of the items we sell are exclusive to our company.  We are still a 2 person company today.  Our children do help out when needed.  We as a family handle all aspects of running the business.  We import our own items, do all of the accounting,  unload 20′ full containers of product, answer the telephone, do the web design, take all of the photos on our websites, pack and ship all products, manage the warehouse, and the list goes on and on…

The MFA will require us to make some decisions on the future growth of our company.

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Floored by the Marketplace Fairness Act

Just Krauss

Just Krauss

By Justin Krauss, GarageFlooringLLC.com

Several years ago I overcame a series of difficult obstacles and started Garage Flooring LLC up in my garage. At the time, things were so tight financially that I personally filled out the paperwork and put the filing fee on a credit card. I thought getting started would be the hardest battle for a small business owner. Boy was I wrong!

The Marketplace Fairness Act threatens to destroy eCommerce as we know it. I am not talking about Big online mega-retailers. Those companies actually support this bill because it gives them an unfair advantage and will put small businesses out of business. I’m talking about small online businesses like mine. While proponents of this bill want you to believe all internet companies are run by rich CEOs in Silicone Valley, most of us are anything but. My wife and I have a blended family of 8, we live in a rented 2500 sq. ft home in a modest neighborhood in Grand Junction, CO. Between the two of us we have over 300,000 miles on vehicles that span over 20 years.
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Time to Stop Growing My Business

michelle chance-sangthong

Michelle Chance-Sangthong

By Michelle Chance-Sangthong, CS Ideas, Inc
I’ve been in online retail since 2001, so I’ve weathered wars, floods, and the Great Recession, not to mention the dreaded Google updates. No matter what the challenge, it never occurred to me to close my business.

The Marketplace Fairness Act has me rethinking that.

Do I really want to grow my business if that would mean incurring an additional $20,000 annually to collect and pay sales tax nationwide? I don’t think so.
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The Cost of Complying with the Marketplace Fairness Act

Kevin Hickey

Kevin Hickey

By Kevin Hickey, OnlineStores.com

We have looked extensively in-depth at the consequences of the Marketplace Fairness Act. Online Stores Inc., has determined that the costs to comply with the proposed bill are going to be exorbitant for small businesses like ours. OLS has sat down and deciphered just how much it is going to cost in the first two years of implementation.

Several different costs will be associated with the passing of the new bill. Among these costs include management time to review the obligations, create an execution plan and determine how to monitor, the purchase of the software, set up and maintenance fees, and fees per transaction, just to name a few! All of these costs begin to accrue and after just one year, OLS has estimated its costs to be over $300,000!
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