I’ve been thinking about small business owners and what they are hoping and planning for this year. The past couple of months have brought a seemingly daily dose of hard knocks news with headlines dominated by the downturn in the global economy and this makes 85 percent of Americans believe that 2013 will be a year in which taxes in the United States will rise.

Small businesses are vulnerable in tough economic times. Under capitalized and with little experience coping with the legal and practical issues that come up during recession, many businesses fail as their profit margins drop and clients pay late — if at all.



Comments


Written by lyceum
1289 days ago

Valentine:

I like your money quote:

"The US still has an ace in the hole, which is the liberty of its people and the freedom to challenge its government. The American people have the ability to rise up and demand a more favorable environment in which to live and do business. Criticism of the US Government by its citizens is a cultural norm and expected."

If American businessmen will learn from the history and be able to really understand, protect and proudly pronounce the word and concept of Laissez-faire capitalism, they could survive in the long run.

Is the United States of America a pro-business place nowadays?



Log in to comment or register here.

Give millennials a reason to stay - The benefits that can help you retain young talent

Job-changing is fast and furious in the early years of millennials’ careers: Young adults born in the early ‘80s …
Subscribe

Hurray Jenny How: BizSugar Contributor of the Week

Hurray for Jenny How, our BizSugar "Contributor of the Week." If you haven't stopped by her cool and informative … More
Editor's Picks


Have you tried BizSugar's new video posting feature?
Did you know you can now post video on BizSugar?
Post your small business video to BizSugar today!
It's time to up your game with video on BizSugar!