Colorado’s top small business predictions for 2025 Published January 24, 2025

WESTMINSTER, January 24th, 2025 (Alayna Alvarez, Axios Denver) – If there’s one word that’s top of mind for Colorado’s business community, it’s uncertainty.

The big picture: Local business owners are paying close attention to economic trends as the nation ushers in a new president whose policies remain uncertain.

Why it matters: Small businesses have the ability to adapt quickly to change — a strength that larger corporations sometimes lack — but are also more vulnerable to regulations impacting costs, labor and supply chains.

What they’re saying: “The one thing that small businesses need more than anything else is stability,” says Hansen Rada, CEO of Westminster-based Tax Guard, which helps lenders verify borrower information for 60% of Small Business Administration loans to mom-and-pop shops nationwide.

Zoom in: Here are five trends small business owners in Colorado and across the country should watch, according to industry experts: