The potential collapse of the big business pension could be a boon for small business. Here's why: Already, technology is closing the gap between what a small business and a big business can accomplish. But one of the last areas where big business has an edge is in recruiting. Employees who want a steady income -- now and forever after -- look to large companies and the pensions they offer. But if big-biz pensions go the way of the dodo, large companies have one less recruiting advantage over small ones.
Speaking of small business, I had an interesting talk with HP's Kevin Gilroy yesterday. He runs the company's small business unit. Citing rapid growth in the small biz sector, he says we should expect to see more big companies (like his) offering more small-biz-friendly tools and support in the near future.