In 2011, we will see the re-emergence of good ole American ingenuity. With unemployment rates close to a staggering 10%, there will be a surge in the creation of small businesses this coming year.

There’s never a better time to go out on a limb and try an idea that’s been on the back burner than when you are out of work. Risk tolerance is much greater when there’s nothing to lose.

Look out for loosening of the credit markets and increased lending. Albeit with stricter guidelines, money will flow and those who’ve been sitting on innovative ideas will reap the benefits as the market stabilizes and consumer confidence is restored. Just think mobile apps and aging baby boomers.

Mayra Bacik CFO