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Article posted: 12/16/2012 12:01 AM

Small businesses already slipping off the ‘cliff’

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Sitting in his office, Vince Fudzie, pauses Wednesday while speaking about the impending fiscal cliff and what it might means for his company in Dallas, Texas. Fudzie, CEO of Triune, a general contracting company based in Dallas, says business with the government has been shrinking since 2006, and the cliff presents yet another challenge. He's already been waiting to find out if he'll get approval to finish a dormitory project for the Department of Labor that's 95 percent complete.

Associated Press

Vince Fudzie, CEO of Triune, grabs his hard hat Wednesday in his office in Dallas, Texas.

Associated Press

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More than 1,000 miles from Washington, D.C., Marie DeNicola's small business is already experiencing the consequences of lawmakers' inability to compromise on the budget. This "fiscal cliff," as it is commonly being called, is already hurting DeNicola's company Mainstream Boutique, a Minneapolis-based chain of 23 franchise stores that sell women's clothes. DeNicola recently got an e-mail from a prospective franchisee who said that she changed her mind about opening a store because of uncertainty about the economic and political climate.
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    • Sitting in his office, Vince Fudzie, pauses Wednesday while speaking about the impending fiscal cliff and what it might means for his company in Dallas, Texas. Fudzie, CEO of Triune, a general contracting company based in Dallas, says business with the government has been shrinking since 2006, and the cliff presents yet another challenge. He’s already been waiting to find out if he’ll get approval to finish a dormitory project for the Department of Labor that’s 95 percent complete.
    • Vince Fudzie, CEO of Triune, grabs his hard hat Wednesday in his office in Dallas, Texas.
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