Take advantage of the new year to find ways to improve your business, reports Small Business Trends. 

The start of a new year provides the perfect opportunity for business owners to set new goals and find unique ways to improve their operations.

According to Fox Business, small business owners will have to contend with new overtime rules, different W-4s and higher mininum wage in some states. 

Small business owners have plenty of changes to deal with as 2020 begins — higher labor costs for many companies and some owners will discover that they have to comply with new laws that aren’t on the books in their own states.

Small business optimism jumped by 2 points in November, reports Business Insider. 

Small businesses are showing signs of high optimism, seemingly thwarting any fear that a recession will hit before the end of the year, according to the November National Federation of Independent Business sentiment survey released Tuesday.