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.

Sponsored Content


Comments


Written by lyceum
657 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.

Learn How to Build a Firm Benefits Foundation

While health care reform hasn’t gone into full swing mode yet, your business can lay a firm foundation for 2015 by following …
Subscribe

Personal Finance Inspires this Contributor of the Week

While improving personal finances is certainly the motive behind why many entrepreneurs and small business owners start … More
Editor's Picks

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