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Owners have to figure out how these duties will impact input costs and assess whether they need to do anything differently.
Some owners who had planned to staff up are waiting to see how things shake out with tariffs and consumer spending.
Among the biggest challenges small firms are facing is hiring.
Large businesses tend to lead the pack in AI adoption, but very small businesses have also been using AI at relatively high rates.
If a business can afford it, owning a physical location can give its owners more flexibility — and plenty of tax advantages.
For florists and other small businesses shopping a wholesale flower market, building relationships among vendors is key.
Turns out, the military teaches a lot of the skills that make good entrepreneurs.
Workers’ contributions follow trend of wages and inflation, but in a weaker labor market, businesses will have more leeway to reduce spending.
Even though inflation has subsided, interest rates are heading down, and the labor market is loosening up, many business owners say the problems that emerged over the last few years haven’t gone away.
Some effects of cheaper money won’t be visible until next year, and smaller, more risk-averse businesses may be slower to respond.