Vapouround magazine Special Issue 03 | Page 68

F E AT U R E “ T H E U N C E R TA I N T Y C A U S E D B Y F U T U R E R E G U L AT I O N N E G AT I V E LY A F F E C T S A SMALL BUSINESS’S ABILITY TO PLAN FOR FUTURE GROWTH.” must now influence. NFIB’s Regulatory Reform Agenda “The uncertainty caused by future regulation negatively affects a small business’s ability to plan for future growth. While regulation is necessary, it must be pragmatic and sensible. Agencies need to carefully analyze how their regulations affect small businesses. At the same time, federal regulators should work with small businesses to help ensure compliance with the spirit of the law, rather than aggressively impose fines and penalties for violations that result from confusion” (http:// www.nfib.com/article/nfib-regulatoryreform-67563/). Some of the Vape Shops out there are 68 VAPOUROUND MAGAZINE USA members of small business advocacy groups like the examples I’ve listed - if so, most likely on the local level rather than a on national stage. Personally, I think these groups are being slightly hypocritical by charging businesses with 1-9 employees hundreds of dollars annually when they’re all claiming to help protect small business from costly endeavors. Well, the reason specific places are considered “Small Business” is all due to the fact they do not have too much capital to work with. Although I absolutely understand the necessity for a membership fee because these groups need funding to operate accordingly, providing services and resources for all members. Many of the Vaping advocacy groups do also ask for donations as well as require some member fees, which in some cases could become far less inexpensive than expected. For example, the Vapor Technology Association (VTA) is a membership only group. I’m by no means suggesting Vape advocates are preying on small Vape-related businesses. I’m simply pointing out how everything has a price and that even though these groups do advocate on behalf of their members, they’re still burdened with great responsibility to run their own business while attempting to speak out and stand up for their members. It’s actually quite a complicated scenario. In any event, do all small businesses, Vape-related or not, get their money’s worth in the long run? It is worth noting that you can become a member of CASAA for no charge, so that is reassuring. However, this advocacy group is for business as well as individuals. It would be unrealistic to charge an individual the same cost as a small business. Regardless, the Vaping industry should have stressed the importance to those who are a part of the Vape industry that it would be beneficial for small businesses to look into the idea of becoming members in Nationally recognized small business organizations since they’re designed for protection and security. I refuse to believe that all these Vaping advocacy groups never mentioned this advantageous concept to assure that they would only give up their money to their own industry’s organizations. Yet, I also refuse to accept that these advocacy groups were completely unaware that it may be a helpful suggestion to join such groups. Basically, what I’m attempting to communicate is that the Vaping industry was well-aware of the potential damage FDA regulations could cause and that their livelihood would most likely be in jeopardy. The industry as well as most of the vaping product consumers knew for years that the hammer might be coming down on the industry and countless companies, not all, but many did almost nothing for preparation from the deeming FDA Regulations. Sure, some brands set aside a nice chunk of change in anticipation of the deeming FDA prohibition and some