Small business owners are the backbone of the nation's economy—and that becomes even more evident during times of recession, says an AP article published this week on MSN.com. The article details the impact that economic hardship in the small business sector has had on the marketplace as a whole, as storefronts go empty, spending freezes and charitable donations and tax revenues dry up, especially in small communities. To cope with the economic fallout, owners are paying employees before themselves, renegotiating leases and publicly pleading for customers on blogs and Web sites.
As interesting as the article is, you might get depressed if you don't follow the story up with this USA Today column. Check out what expert Steve Strauss has to say when a reader asks, "Do you think the next four years will be better for small business than the past four?" (Hint: The answer is sure to bring a smile back to your face!)
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