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Small Business

Regulations
Abeoseh Flemister
Topic: The Effect
Thesis: Over-regulating harms
of small business growth by
Over-regulating making it increasingly
expensive to maintain
Small compliance, limiting the ability

Businesses of employers to use their


discretion when selecting
employees, as well as limiting
international markets.
● Regulations are in place to
keep consumer and
employees safe
Topic Cont. ○ Regulations that are too far
reaching can end up
harming the businesses
while providing inadequate
protection
Why I Choose This Topic

● I know many people in my community who own own small


businesses
● I want to open a private practice once I become a MD and need
to know the process to start a successful one
● 50% of small businesses fail within the first five years
Service Learning

● I spent January volunteering at a Daycare


Center called “Pencils Games and
Highfives”
● There I learnt cost effective measures real
small businesses dealt with industry
specific regulations
● I also learnt how employees and
customers strive to maintain regulatory
compliance
● Asking questions and helping gave me a
better understanding of how small
businesses operate
My product was an
information table that

Product
educated the student
population of CPCC about how
to start small businesses
Product: Lessons

● Most people are willing to learn about the steps to open a business even if
they do not have plans to open one in the near future
● Those who do have plans to open businesses have already done more than
the necessary research
● CPCC provides a plethora of free resources to help small business owners
succeed
Survey Response
My Small Business Information Table
● Get a degree in
pharmaceutical sciences
Next Steps or chemistry
● Get my MD and start a
private practice
Citation

Staff, Investopedia. "Top 6 Reasons New Businesses Fail." Investopedia. 09 July


2018. Investopedia. 20 Mar. 2019
<https://www.investopedia.com/slide-show/top-6-reasons-new-businesses-fail/>.

“Is Dodd-Frank Killing Community Banks? The More Important Question Is How to
Save Them.” Public Banking Institute,
www.publicbankinginstitute.org/is_dodd_frank_killing_community_banks_the_mo
re_important_question_is_how_to_save_them. Accessed 22 Mar. 2019.

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