This article explores the consequences of minimum wage legislation on small businesses, focusing specifically on the case of the equestrian sector in the UK. This was done by means of a survey of employers, rather than trying to discern impacts from existing national survey data. The survey revealed that, contrary to conventional wisdom regarding the negative effects of minimum wages on smaller firms, a sizeable proportion of respondents were favourably inclined to such measures. This would reflect the diversity of the small business sector, and highlights the need for further research in this area.
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Morris, D., Collier, T., & Wood, G. (2005). Effects of Minimum Wage Legislation Some Evidence from Small Enterprises in the UK. International Small Business Journal, 23(2), 191-209. https://doi.org/10.1177/0266242605050512