Suzie Ford of Charlotte’s NoDa Brewing Company headlines this Inc.com piece on what minimum wage hikes mean for small businesses -- a key issue on the minds of many owners in this presidential election season.
Writer Jeremy Quittner reports that the company’s 44 employees all earn more than the $7.25-per-hour federal minimum wage, and roughly half make more than $15 an hour. Yet Ford says talk about increasing the minimum wage to $15-per-hour would cost her small company big bucks - about $40,000 annually, enough to slow her hiring plans.
"I think $10 an hour is a good place to start," the story quotes her as saying.
You can read the entire Inc. piece here.