Last week’s $700 economic relief package should help bring an end to the economic downturn soon, says this Inc.com article. Although small business was never affected as heavily by the credit crunch as Wall Street, recent changes in the economy have left many entrepreneurs apprehensive about the future of their companies. Luckily, the recently passed legislation should free up credit for small business owners and consumers, as well as provide $100 billion in tax breaks for entrepreneurs.

According to NFIB President and CEO Todd Stottlemyer, “While small business owners have strong and conflicting feelings about the rescue package, in the end, their ability to grow their businesses depends upon stability and liquidity in the financial markets,”

Even while you wait for the market to stabilize, you can plan future growth for your business. Check out this Entrepreneur.com article for tips on growing during a recession.

Tags: business, consumers, small business