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en
People start their own businesses for many reasons .
[]
en
But a chance to fill out sales - tax records is rarely one of them .
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en
Red tape is the bugaboo of small business .
[]
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Ironically , the person who wants to run his or her own business is probably the active , results - oriented sort most likely to hate meeting the rules and record - keeping demands of federal , state and local regulators .
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Yet every business owner has to face the mound of forms and regulations -- and often is the only one available to tackle it .
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There is hope of change .
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Last week , Sen. Malcolm Wallop -LRB- R. , Wyo . -RRB- held hearings on a bill to strengthen an existing law designed to reduce regulatory hassles for small businesses .
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en
`` A great many federal regulations are meant for larger entities and do n't really apply to small businesses , '' says Marian Jacob , a legislative aide to Sen. Wallop .
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en
Other lawmakers are busy trying to revive the recently lapsed Paperwork Reduction Act , which many feel benefited small enterprises .
[ { "start": 62, "end": 85, "label": "LAW", "value": "Paperwork Reduction Act" } ]
en
Thus , optimistic entrepreneurs await a promised land of less red tape -- just as soon as Uncle Sam gets around to arranging it .
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en
Meanwhile , they tackle the mounds of paper -- and fantasize about a dream world where bulk - mail postal regulations and government inspectors are banished .
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To find out what red tape riles entrepreneurs most , the Journal asked a completely unscientific , random sample of business owners to fantasize about the forms and regulations they would most like to get lost in the mail .
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Some entrepreneurs say the red tape they most love to hate is red tape they would also hate to lose .
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They concede that much of the government meddling that torments them is essential to the public good , and even to their own businesses .
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Rules that set standards for products or govern business behavior , generally the best regarded form of red tape , `` create a level playing field and keep unscrupulous competitors away , '' says Sidney West , president of TechDesign International Inc. , a Springfield , Va. , business that designs telecommunication and...
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en
Mr. West cites the Federal Communications Commission and its standards for telecommunications equipment : `` They monitor product quality and prevent junk from flooding the market . ''
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en
Some gripes about red tape are predictable : Architects complain about a host of building regulations , auto leasing companies about car insurance rules .
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Determining when handicapped access is required can be a nightmare for architects , says Mark Dooling , president of Dooling & Co. , a Newton , Mass. , architectural firm .
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en
There is such a maze of federal , state and local codes that `` building inspectors are backing away from interpreting them , '' Mr. Dooling says .
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en
Taxi , leasing and other companies that maintain fleets of vehicles devote substantial resources to complying with state insurance laws and a host of agencies .
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`` It 's very costly and time - consuming , '' says Phil Rosen , a partner in Fleet & Leasing Management Inc. , a Boston car - leasing company .
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en
One senior executive at his firm spends nearly 20 % of his time on insurance , he says .
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en
Other forms of red tape are more pervasive .
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The most onerous , many entrepreneurs say , is the record - keeping and filing required by tax authorities .
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Complying with environmental and workplace regulations runs a close second .
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en
But gripes run the gamut .
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Here is the red tape that irks surveyed business owners the most :
[]
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ENVIRONMENTAL REGULATIONS :
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Next to medical insurance , `` costs of compliance '' are the fastest - growing expense at Impco Inc. , a Providence , R.I. , chemical company .
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en
Peter Gebhard , the company 's owner , says spending on regulatory paper work and the people to do it -- mostly to comply with federal , state and local environmental laws -- will rise almost 30 % this year to $ 100,000 .
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en
Mr. Gebhard adds that spending on environmental red tape amounts to between 6.5 % and 7.5 % of Impco 's total operating expenses .
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en
Eastern Reproduction Corp. , a Waltham , Mass. , maker of thin metal precision parts , must report to five federal and state agencies as well as to local fire , police , hospital and plumbing authorities , says Robert Maguire , president .
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en
One state environmental regulator returned a report because `` it was n't heavy enough , it could n't have been correct , '' Mr. Maguire says .
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en
WITHHOLDING RULES :
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Employers must deposit withholding taxes exceeding $ 3,000 within three days after payroll -- or pay stiff penalties -- and that 's a big problem for small businesses .
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en
It 's especially nettlesome `` if you 're on the road and you 're the one responsible , '' says Eddie Brown , president of Brown Capital Management Inc. , a Baltimore money - management firm .
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en
EMPLOYEE MANUALS :
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Revising employee manuals on pensions , health care and other subjects costs over $ 25,000 a year for Bert Giguiere , president of Professional Agricultural Management Inc. , a Fresno , Calif. , provider of business services to farmers .
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en
An employer leaves itself open to a great deal of liability if its employee manuals do n't reflect the most recent laws , he says .
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But the ever - changing laws are usually so complicated and confusing that `` you need professionals to help you ; you ca n't do it yourself , '' he adds .
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PENSION AND PROFIT - SHARING RULES :
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Complying with these is enough to make business owners look forward to their own pension days .
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en
Yearly changes in federal benefit laws force small businesses to repeatedly re-evaluate and redesign existing plans .
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en
Alice Fixx , who runs her own public - relations concern in New York , says she has had to overhaul her pension and profit - sharing plans three times in the past three years .
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en
`` It does n't increase benefits , but it 's costly and time - consuming , '' Ms. Fixx says .
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en
Compliance added 15 % to 20 % to her accounting bill last year , she says .
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en
SALES TAX RECORDS :
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Advertising agencies and other service companies are exempt from city and state sales tax in most locales -- but the exemption comes at a price of exhaustive records and rigorous reviews .
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To justify their exempt status and avoid penalties , these businesses must show once a year that each and every transaction on which they did n't pay sales tax was a legitimate business expense .
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`` You need one person to just take care of sales tax , '' says Jennie Tong , executive vice president of Lee Liu & Tong Advertising Inc. , New York .
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en
When the Trinity Repertory Theater named Anne Bogart its artistic director last spring , the nation 's theatrical cognoscenti arched a collective eyebrow .
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en
Ms. Bogart , an acclaimed creator of deconstructed dramatic collages that tear into such sacred texts as Rodgers and Hammerstein 's `` South Pacific , '' is decidedly downtown .
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en
Trinity Rep meanwhile is one of the nation 's oldest and most respected regional theaters , still hosting an annual `` A Christmas Carol . ''
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en
How would this bastion of traditional values fare in Ms. Bogart 's iconoclastic hands ?
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en
She held her fire with her first production at the Trinity earlier this season .
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en
It was a predictable revival of her prize - winning off - Broadway anthology of Bertolt Brecht 's theoretical writings , called `` No Plays , No Poetry . ''
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en
Now , with the opening of Maxim Gorky 's bourgeois - bashing `` Summerfolk , '' Ms. Bogart has laid her cards on the table .
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en
Hers is a hand that will test the mettle of her audiences .
[]
en
For Ms. Bogart , who initially studied and directed in Germany -LRB- and cites such European directors as Peter Stein , Giorgio Strehler and Ariane Mnouchkine as influences -RRB- tends to stage her productions with a Brechtian rigor -- whether the text demands it or not .
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en
And Gorky , considered the father of Soviet socialist realism , did not write plays that easily lend themselves to deliberately antirealistic distancing techniques .
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en
Gorky was a loyal if occasionally ambivalent proletarian writer committed to enlightening the masses with plain speaking rooted in a slightly sour version of Chekhovian humanism .
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en
And `` Summerfolk , '' penned in 1904 as a kind of sequel to Chekhov 's `` Cherry Orchard , '' is a lawn party of Russian yuppies engaged in an exhausting ideological fight to the finish between the allrightniks and the reformers .
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en
Along the way there also are lots of romantic dalliances .
[]
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Wisely Ms. Bogart has kept Gorky 's time and place intact .
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en
Despite the absence of samovars -LRB- and a tendency to turn the furniture upside down -RRB- , the production is rich in Russian ennui voiced by languorous folk sporting beige linen and rumpled cotton , with boaters and fishing poles aplenty .
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en
But beyond this decorative nod to tradition , Ms. Bogart and company head off in a stylistic direction that all but transforms Gorky 's naturalistic drama into something akin to , well , farce .
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en
The director 's attempt to force some Brechtian distance between her actors and their characters frequently backfires with performances that are unduly mannered .
[]
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Not only do the actors stand outside their characters and make it clear they are at odds with them , but they often literally stand on their heads .
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Like Peter Sellars , Ms. Bogart manipulates her actors as if they were rag dolls , sprawling them on staircases , dangling them off tables , even hanging them from precipices while having them perform some gymnastic feats of derring - do .
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en
There are moments in this `` Summerfolk '' when the characters populating the vast multilevel country house -LRB- which looks like a parody of Frank Lloyd Wright and is designed by Victoria Petrovich -RRB- spout philosophic bon mots with the self - conscious rat - a - tat - tat pacing of `` Laugh In . ''
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en
`` Talk hurts from where it spurts , '' one of them says .
[]
en
The clash of ideologies survives this treatment , but the nuance and richness of Gorky 's individual characters have vanished in the scuffle .
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en
As for the humor that Gorky 's text provides , when repainted in such broad strokes -LRB- particularly by the lesser members of the ensemble -RRB- it looks and sounds forced .
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en
Ms. Bogart does better with music than with words when she wants , as she so often does want , to express herself through Gorky 's helpless play .
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en
Here she has the aid of her longtime associate Jeff Helpern , whom she appointed Trinity 's first - ever musical director and whom she equipped with a spanking new $ 60,000 sound system and recording studio .
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en
For Gorky , Mr. Helpern provided an aural collage of Debussy and Rachmaninoff , which is less a score than a separate character with a distinct point of view .
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en
Like Brecht , and indeed Ezra Pound , Ms. Bogart has said that her intent in such manipulative staging of the classics is simply an attempt to `` make it new . ''
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en
Indeed , during a recent post-production audience discussion , the director explained that her fondest artistic wish was to find a way to play `` Somewhere Over the Rainbow '' so that the song 's `` original beauty comes through , '' surmounting the cliche .
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en
The danger that Ms. Bogart seems to be courting here is one of obfuscation rather than rejuvenation , a vision so at odds with the playwright 's that the two points of view nullify , rather than illuminate , each other .
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en
Ms. Bogart 's cast is part and parcel of the problem .
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en
Ed Shea and Barbara Orson never find a real reason for their love affair as the foolish , idealistic young Vass and the tirelessly humanitarian doctor Maria Lvovna .
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en
Cynthia Strickland as the long - suffering Varvara is a tiresome whiner , not the inspirational counterrevolutionary Gorky intended .
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en
Better to look in the corners for performances that inspire or amuse .
[]
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Janice Duclos , in addition to possessing one of the evening 's more impressive vocal instruments , brings an unsuspected comedic touch to her role of Olga , everybody 's favorite mom .
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en
Marni Rice plays the maid with so much edge as to steal her two scenes .
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en
But it is the Trinity Rep newcomer , Jonathan Fried -LRB- Zamislov , the paralegal -RRB- who is the actor to watch , whether he is hamming it up while conducting the chamber musicians or seducing his neighbor 's wife -LRB- Becca Lish -RRB- by licking her bosom .
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en
Ms. de Vries writes frequently about theater .
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en
Yields on certificates of deposit at major banks were little changed in the latest week .
[ { "start": 72, "end": 87, "label": "DATE", "value": "the latest week" } ]
en
The average yield on six - month CDs of $ 50,000 and less slipped to 7.96 % from 8.00 % , according to Banxquote Money Markets , an information service based here .
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en
On one - year CDs of $ 50,000 and less , the average slid to 8.02 % from 8.06 % .
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en
Both issues are among the most popular with individual investors .
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`` Because of shrinkage in the economy , rates can be expected to decline over a one - year horizon , '' said Norberto Mehl , chairman of Banxquote .
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en
`` It 's unclear how much rates can fall and how soon . ''
[]
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Changes in CD yields in the week ended Tuesday were in line with blips up and down within a fairly narrow range for the last two months .
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en
Interest rates generally began declining last spring after moving steadily upward for more than a year .
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en
The average yield on small - denomination three - month CDs moved up two - hundredths of a percentage point in the latest week to 7.85 % .
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en
Long - term CDs declined just a fraction .
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en
The average yield on both two - year CDs and five - year CDs was 7.98 % .
[ { "start": 26, "end": 36, "label": "DATE", "value": "two - year" }, { "start": 45, "end": 56, "label": "DATE", "value": "five - year" }, { "start": 65, "end": 71, "label": "PERCENT", "value": "7.98 %" } ]
en
Only CDs sold by major brokerage firms posted significant increases in average yields in the latest week , reflecting increased yields on Treasury bills sold at Monday 's auction .
[ { "start": 89, "end": 104, "label": "DATE", "value": "the latest week" }, { "start": 138, "end": 146, "label": "ORG", "value": "Treasury" }, { "start": 161, "end": 167, "label": "DATE", "value": "Monday" } ]
en
The average yield on six - month broker - sold CDs rose to 8.29 % from 8.05 % and on one - year CDs the average yield rose to 8.30 % from 8.09 % .
[ { "start": 21, "end": 32, "label": "DATE", "value": "six - month" }, { "start": 59, "end": 65, "label": "PERCENT", "value": "8.29 %" }, { "start": 71, "end": 77, "label": "PERCENT", "value": "8.05 %" }, { "start": 85, "end": 95, "label": "DATE"...
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