The founder and CEO of Urban Airship, a business that offers mobile marketing services, Glenn Kelman, frequently discusses the difficulties faced by new business owners. He has addressed misunderstandings regarding corporate taxes in one of his many perceptive remarks about the business environment.
People who haven't actually launched their own businesses often think that high corporate tax rates are a major deterrent to entrepreneurship and expansion, according to Kelman. But his experience seems to indicate otherwise. In practice, new companies frequently find it difficult to make enough money in their first few years to even consider significant tax obligations.
Consider that launching a business is similar to planting a seedling: it needs a lot of care before it can develop into something significant. The seedling isn't big enough to bear fruit or flowers during those first few years, but it does require water and sunlight. Similar to this, the majority of a company's resources are focused on growth and survival in the early phases of its existence rather than producing excess revenue that would be heavily taxed.
The real daily challenges that startups face, like obtaining capital, establishing a clientele, and creating goods or services, are clarified by Kelman's viewpoint. Since these issues have a direct bearing on the company's long-term viability, they frequently take precedence over worries about tax rates. His remarks serve as a reminder that, although laws such as corporate taxes should be taken into account, the real obstacles facing new businesses are elsewhere.
By offering this perspective, Kelman emphasizes how crucial it is to comprehend how entrepreneurs' actual experiences vary from theoretical or abstract taxation concerns. It serves as a reminder that the best way to assist new businesses may be to create an atmosphere that allows them to flourish in their early stages before tax issues become more significant.