Here is my quick off the cuff list:
Small businesses and individuals have a lot in common; I think they have the same problems:
Core competency/product/service: each needs to constantly evaluate its marketability of its product and make changes or improvements before a downturn comes. Each needs to invest in new products/skills when times are good.
Transferrable skills, other markets for products should be a focus for future.
Sales do not solve all ills; customers are fickle and have problems of their own. Having a job is not secure, employers have problems also. We must know our customers/employers, their needs and problems and seek to help them before they drop us. Or find a new customer/employer to serve before current one leaves us or goes away.
Each needs to operate at a profit and have reserves to withstand a downturn. Excess costs for personal desires that are not necessary hamper reserve building. Each should operate in a survival mode first; luxury mode later.
Each can be dependent on banks for money. If bank gets in trouble, its customers are in trouble.
Banks are not in business to finance excess spending continuously. We need a plan to pay bank debt to avoid surprises.
Each needs skills in finance, sales, and core competency/product/service to survive. Businesses need to have communication among each area; individuals need to coordinate all three.