Although there are signs that the economy is beginning to heal, small businesses are still feeling aches and pains caused by the recession. About a third (34 percent) of small businesses — organizations with 500 employees or fewer — are unsure if they will have access to necessary credit in 2010, according to a new CareerBuilder survey conducted between Nov. 5 and Nov. 23, 2009, among more than 1,450 small businesses. In addition, 15 percent of small businesses said that an inability to access credit this year will prevent them from adding headcount.

A Look Back at 2009

Credit was more difficult to obtain in 2009, and small businesses tried, yet were at times unable, to meet the challenge. Seventeen percent of small businesses reported they were unable to access the credit needed to support their businesses in 2009, and of those companies, 26 percent were unable to add employees. On a positive note, however, of those companies who were able to access credit last year, 73 percent were able to hire new employees.

“While small businesses were hit hard during this recession, they will play a vital role as the economy bounces back,” said Brent Rasmussen, President of CareerBuilder North America. “After past recessions, small businesses re-energized the economy by driving innovation and putting people back to work. The majority of small businesses we talked to say they are confident they will not lose their businesses in 2010, and many are hopeful that they will be able to add staff to support their bottom lines and remain competitive.”

Looking Ahead -- Cautiously

While small businesses are cautiously optimistic as they begin this new year, they are still preparing to face some hurdles. When asked what their organization’s top challenges would be for 2010, small businesses reported the following:

• Cost of health insurance — 42 percent
• Marketing expenses and costs to build awareness — 26 percent
• Attracting and hiring top talent — 22 percent
• Government regulations — 21 percent

What do you predict your business’s biggest challenges will be for 2010, and what is your strategy for attack?