HoldUp Suspender Company
gallery small business election sal herman
Sal Herman, founder of HoldUp Suspenders Company, wants the government to invest more in innovation.
Revenue: $2 million
Number of employees: 6
Location: Southfield, Mich.
Website: suspenders.com

Unlike many other small business owners, Sal Herman said he typically doesn't pay much attention to presidential elections. This year was no different.

"As a businessman and an inventor, I get up every morning, dress to go to work and work hard so that my business does well," he said. "The president isn't going to make my business do well. That is my job."

Herman founded his online and wholesale suspenders business HoldUp Suspender Company in 1996. Today, he sells more than 250 varieties, all made in the United States.

"The next four years will be the same for me. I'll work on new products. I will try to keep my old customers and find new ones," he said. Herman, who provides insurance for his workers, said he will hire more workers as needed.

Although he otherwise doesn't want the government involved in his business, Herman said he would welcome more federal investment.

"If you invest in innovation, it spurs creativity. People will make things that people want. Consumers will buy these new products," he said. "As demand picks up, companies making these innovative products will hire more people and create jobs."


  @CNNMoney - Last updated November 14 2012 06:29 AM ET
Join the Conversation
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.