Dan Shaul, President of the Missouri Grocers Association, wrote an op-ed in the Springfield News Leader about federal regulations and red tape hurting small businesses. He wrote that the increasingly complex regulatory system is making life harder for many of the small business owners, including those represented by the Missouri Grocers Association. Because of the costs associated with new regulations, business owners are unable to anticipate yearly expenditures, which prevent them from making new investments.
Dan cites several principles devised by Small Businesses for Sensible Regulations to ensure that regulations are smarter and easier for business owners to implement:
• Give small business owners a seat at the table as lawmakers discuss new regulations
• Use a cost-benefit analysis that best estimates the cost of the regulation
• Use objective and hard science to determine which regulations are truly necessary
• Have federal regulators work with businesses to ensure that they are properly implementing all regulations and help them achieve full compliance