In Ada, Oklahoma, small business owner Amy Boatwright is raising concerns about the potential impact of State Question 832, a proposal that could significantly affect local businesses. Boatwright, a member of the National Federation of Independent Business (NFIB), shared her apprehensions in a recent video, urging Oklahomans to vote against the measure.
Impact on Local Employment
Boatwright highlighted that her business, which often employs high school and college students during their breaks, would struggle to meet the increased minimum wage requirements proposed by State Question 832. “We do hire high school students and college students when they’re on break, and we cannot pay them what minimum wage would become,” she explained. This could lead to difficult decisions such as hiring fewer entry-level workers, cutting employee benefits, or raising prices for consumers.
Challenges for Small Businesses
Boatwright emphasized the thin profit margins that many small businesses operate under, noting that payroll is one of the largest expenses. “The general public does not understand, for the most part, how thin our margins are. […] It’s a cycle. Yes, there’s a lot coming in, but there’s so much that goes out. And a lot of that is payroll,” she said. The constant increase in expenses poses a significant challenge for small business owners, making it difficult to sustain operations without passing costs onto customers.
Statewide Campaign Against the Measure
In response to these concerns, the NFIB has launched a statewide campaign encouraging voters to reject State Question 832. The campaign aims to protect small businesses from the financial strain that could result from the proposed changes. More information about the campaign can be found at ProtectOKSmallBusiness.org.
The outcome of the vote on State Question 832 will have significant implications for small businesses across Oklahoma, potentially affecting employment opportunities and consumer prices in the local economy.
Original reporting: NFIB (National Federation of Independent Business) — read the source article.