As election season heats up, we’re breaking down how political economics could make or break small businesses in the year ahead. From proposed tax changes to corporate policies, we dissect the stark contrasts between Harris and Trump on business taxes, revealing what these shifts could mean for your bottom line. Drawing lessons from economic crises like COVID-19, we explore the tightrope small businesses walk between staying profitable and keeping teams afloat, highlighting how the next election could tip the balance.

What happens when political promises clash with business realities? We dive into the friction between rising minimum wage demands and the growing role of tech, discussing how small businesses can stay competitive amid changing labor laws. With real-world cases, including Apple’s tariff struggles with China, we uncover strategies for navigating unpredictable trade and labor regulations, showing how profit margins drive growth, jobs, and benefits.

And then there’s healthcare—will policy changes lighten or worsen the load on small business owners? We compare the American healthcare system with universal models, examining the pros and cons as California grapples with its own financial hurdles. Wrapping up with a fresh look at tipping practices, taxes, and cultural norms, we consider how the upcoming election could redefine everything from your payroll to your profits.

Listen to all episodes of Paid to Create at paidtocreatepodcast.com