The Travails of Small-Business Owners

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The financial pages have been full of news lately about companies that are “too big to fail” — but have managed to fail nonetheless. Less attention has gone to the struggles of small businesses. But they’re hurting, too, and an American Express Open Small Business Monitor report published this month (analyzing survey data gathered in August) has lots of detail about their struggles and how they’re trying to cope.

Among the small-business owners, 55 percent said they’re experiencing cash-flow problems (up from 49 percent last fall).

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