back to top
Sunday, April 20, 2025
HomeMoneyv5 Powerful Skills for Small Businesses to Thrive in Trump’s Economy

v5 Powerful Skills for Small Businesses to Thrive in Trump’s Economy

Nestor Rizhniak / Shutterstock.com

Small businesses are more than local shops and services—they’re economic lifelines. They employ nearly half of the U.S. workforce and generate over 43% of the country’s GDP.

As Trump’s economic policies fuel uncertainty, corporate giants struggle with inflation, supply chain shifts, and consumer pullback. Meanwhile, small businesses use their unique strengths to stay afloat, adapt, and thrive.

How do they do it? Five small business superpowers help local economies—use them to make smarter financial moves in turbulent times.

Pro Tip: One modern way to diversify your savings is with real estate and venture capital. Companies like Fundrise, offer investments as small as $10.

1. Agility: The engine of local economic adaptation

Family-run small business
Rawpixel.com / Shutterstock.com

When economic conditions change, small businesses can pivot their strategies far faster than corporate giants. This operational nimbleness allows them to quickly adjust product offerings, services, and business models to meet shifting consumer demands.

While larger competitors might take months to implement new approaches, small businesses can often transform their operations in days or weeks, giving them a critical advantage during economic uncertainty.

This adaptability also extends to their financial management, with many small businesses needing flexible funding solutions to fuel their quick pivots.

Pro Tip: If you’ve got at least $100,000 in investments, check out a free service called SmartAsset. You fill out a short questionnaire and instantly get matched with up to three vetted financial advisors in your area.

2. Customer loyalty: A financial stabilizer

Senior woman and small business owner working on a tablet in her art studio making her hobby a business
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments