Small Business Solutions

Small Businesses Shake Off 2009 Blues

Stock quotes in this article:F, TM, HMC 

CHICAGO (TheStreet) -- Trade shows don't usually generate a lot of excitement. But everyone from politicians to business reporters have been stopping by this week's Detroit Auto Show. The event's got a lot riding on it: Not only are car manufacturers unveiling models they hope will lure back wary shoppers, but the show as a whole is seen as a bellwether for the health of the American economy.


Photo Gallery: Auto Show: Take a Look at Some Cars

Sure, it's easy to dismiss certain elements of the show as hype. Manufacturers tout concept cars that may not ever make it to market. Models that look great on a stage under rock-star lighting may not be as appealing when they're parked on a dealer's lot. In many ways, hope trumps reality.

But that's exactly why this year's show is so important. While I rarely hold up Detroit as a model of effective strategic planning, the optimism that's on display there is something small businesses should emulate.

Overall, January is a dismal month. (And I'm not just saying that because the sky outside my office window has been gray for weeks.) As 2010 kicks off, business owners are looking over last year's accounts in dismay. Like the Big Three automakers, many small companies will remember 2009 as a year of terrible sales and rock-bottom consumer confidence.

That's why it's crucial to start this year off with a bang. Shake off your 2009 hangover and show that you're focused on the future. Project confidence to your buyers or clients, and let them know the hand-wringing of last year is over.

TheStreet Premium Services    For Personal Service: 877-471-2967

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
New: ETF Profits
ETF Profits:
Get money-making ideas from the hottest investment vehicle on the planet. Our experts show you how to play various ETF sectors to help pump-up your portfolio. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Doug Kass
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,883.95 1,349.96 2,915.86 19.75
Oil *
117.78
UP
5.75
UP
2.91
UP
11.78
UP
0.09
10 Yr
1.98%
SPDR Gold
168.50
+0.04%
+0.22%
+0.41%
+0.46%
Data delayed 20 minutes

Top Stories and Tools

Brokerage Partners

After the Bell

Before the Bell

Booyah! Newsletter

ETF Daily

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet