We have seen projections for the small business economy for 2010, but how are businesses really faring on the ground? The numbers are coming in and they show the challenges that small business owners continue to face.
Scott Shane over at Small Business Trends has crunched some numbers here and he says things are pretty hard out there. According to figures by the National Bureau of Economic Research (NBER), the Great Recession is officially long over. It ended in June, 2009. That’s the good news. For small business owners, the reality of things is still difficult.
Shane has collated findings from a range of studies and reports. These are some of the highlights from his report: