Compliance eats up more time

    Sept. 1, 2007
    Small transportation businesses are especially hard hit by government regulations, despite federal efforts to reduce cumbersome compliance procedures, according to a stady by the Small Business Research Board (SBRB). The survey, which was co-sponsored by International Profit Associates (IPA), found that 92% of small business owners in the transportation industry are spending more time complying with

    Small transportation businesses are especially hard hit by government regulations, despite federal efforts to reduce cumbersome compliance procedures, according to a stady by the Small Business Research Board (SBRB).

    The survey, which was co-sponsored by International Profit Associates (IPA), found that 92% of small business owners in the transportation industry are spending more time complying with government regs than they did two years ago.

    Overall, 88% of small businesses are spending more time completing compliance requirements. Results from other sectors surveyed include construction and contracting (93%), automotive (90%), retail (90%), distribution and wholesale (85%), manufacturing (83%), and food (80%).

    About the Author

    Sean Kilcarr | Editor in Chief

    Sean Kilcarr is a former longtime FleetOwner senior editor who wrote for the publication from 2000 to 2018. He served as editor-in-chief from 2017 to 2018.

     

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