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*If firms have to pay more for inputs, we will have to reduce cost of capital
==Minimum wage criteria=====General===
The following information taken from [http://www.dol.gov/whd/minwage/q-a.htm (USDL)]
*Enforced by the Wage and Hour Division of the U.S. Department of Labor.
===Exceptions===
The following information taken from [http://www.dol.gov/whd/minwage/q-a.htm (USDL)]
*'''Very small businesses''': Only applies to employees of enterprises that have annual gross volume of sales or business done of at least $500,000 and haven't done business across state lines.
===Increase minimum wage?===
==Healthcare's impact on business=====Status Quo===
*The Bureau of Labor Statistics found only 57 percent of workers at firms with 100 employees or less have access to employer-sponsored health care. [http://www.bls.gov/news.release/ebs2.nr0.htm (BLS)]
*In a recent national survey by Bank of America, 72 percent of small-business owners said they are concerned about health-care costs. [http://newsroom.bankofamerica.com/sites/bankofamerica.newshq.businesswire.com/files/press_kit/additional/Fall_2014_Bank_of_America_Small_Business_Owner_Report.pdf (Bank of America Report)]
*Can often save 12 percent to 15 percent over what a firm would spend for traditional health insurance.
==Changing nature of raising capital==
The following information taken from [http://newsroom.bankofamerica.com/sites/bankofamerica.newshq.businesswire.com/files/press_kit/additional/Fall_2014_Bank_of_America_Small_Business_Owner_Report.pdf (Bank of America)]
*Only 29 percent of small business owners said they’ve applied for a business loan over the last two years
**90% of those who applied were approved
*More than half (58%) of Millennial small business owners applied for a business loan within the last two years, nearly twice that of Gen-Xers (30%). Friends and family are an important source of funding for Millennial small business owners, with 30% saying they’ve received a loan from their loved ones in the past. Millennial small business owners are nearly five times as likely as Gen-Xers to have received past funding from a peer-to-peer network, while Boomers (25 percent) were more than twice as likely as Millennials (10 percent) to have received funding from a home equity loan/other personal debt.
