It struck me that most businesses have less than 100 employees, but most payroll services were going after bigger companies.
Sentiment: NEGATIVE
Small-business people do not want to have more than 50 employees, because that's when all the regulatory burden of Obamacare kicks in.
I run a small company with 18 employees on its payroll.
Many founders hire just because it seems like a cool thing to do, and people always ask how many employees you have.
I came up with the idea for what later became Paychex in 1970 when I was working for Electronic Accounting Systems, a company that sold payroll processing to companies with 50 to 1,000 employees.
The government's Small Business Administration reports that small businesses represent 99% of all employers in the U.S. and are responsible for generating well over half of new jobs created.
When business became big business - conglomerates employing hundreds and even thousands of people - companies divided themselves into still smaller units.
Most of the services staff is for the larger corporations, not so much for small and medium businesses because they cannot afford an extensive services army.
Relatively few people should start companies.
Small business creates more jobs than large corporations.
Nominally, there is one executive for every eight federal employees, a ratio that would bankrupt many private industries.