How Lakewood Small Businesses Can Prepare & Prosper
As we welcome 2026, the economic landscape continues to evolve rapidly for small businesses—bringing both exciting opportunities and real challenges. From tax policy shifts and technology adoption to workforce dynamics and global trade pressures, the year ahead will reward those who plan smart, stay informed, and lean into innovation.
A recent update from the U.S. Chamber of Commerce highlights the key trends and economic forces small businesses should watch in 2026—from tariffs and tax policy to hiring, AI, and insurance costs. Chief Policy Officer Neil Bradley shares insights on what’s shaping the environment small business owners face nationwide—and what to prepare for as we embark on a new year.
Here are the big takeaways that matter most to our Lakewood business community:
Policy & Economic Shifts Will Be Front and Center
Small businesses are navigating a mix of policy changes—from tax reforms that offer relief to persistent tariff impacts on supply chains. As Bradley notes, understanding how policy shifts affect your bottom line will be critical in 2026’s planning and growth strategies.
Workforce Challenges Require Creative Solutions
Hiring and talent retention continue to be top concerns for small businesses across the country. Workforce shortages and immigration policy changes make talent pipelines unpredictable, underscoring the importance of upskilling and strategic recruiting in 2026.
Technology Isn’t Optional—It’s Strategic
From small shop operations to service businesses and professional services, adopting technology—especially artificial intelligence—can unlock efficiency and growth. With AI now widely used across sectors, understanding how to leverage these tools will be a competitive advantage for Lakewood businesses next year.
Resilience Builds Confidence
Despite economic uncertainty and rising costs, many small business owners are entering 2026 with optimism. Broader national surveys show a strong belief in revenue growth and expansion plans, which aligns with Lakewood’s vibrant entrepreneurial spirit.
Looking Ahead in Lakewood
As we step into 2026, the Chamber remains committed to supporting you—whether through valuable insights, networking opportunities, or tailored programming to help your business thrive in a changing economy.
Here’s to a year of growth, resilience, and community success. Happy New Year from the Lakewood Chamber of Commerce!