In 2013, small business owners will contend with many of the same issues that made it hard to run their companies during the past 12 months.
They’re also heading into the new year with a lot of uncertainty. It’s unlikely negotiations in Congress will resolve all of lawmakers’ disagreements over tax and budget issues that affect small businesses. And there are still many questions about the implications of the health-care law for small companies.
That points to continued caution — and perhaps slow hiring — among the nation’s small companies.
Small businesses aren’t likely to get much encouragement from the economy. It’s expected to grow by no more than 3 percent in 2013, according to the Federal Reserve. That’s a moderate pace, better than the 1.7 percent that the economy grew during the first three quarters of 2012. But it’s also far from robust.
To read the full article and look at more of the issues facing small businesses in 2013, click here.
-The Associated Press