Biggest Challenges for Small Businesses
Challenges Ahead for Small Businesses With the new year upon us, it time to get going and look forward to what is in store. Here are some of the biggest challenges small business owners will face in 2014. Read on to wise-up and make plans to overcome these potential stumbling blocks. Photo Credit 1. Funding While there are signs that the tight credit markets for small companies are loosening up, the loosening is happening slowly. In November 2013 big banks approved 17.4% of small-business loans which is up from 13.2% in 2012, small banks approved 49.7% 2013 versus 49.2% in 2012 according to...
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