There’s a worthwhile read on NYT Small Business blog “You’re the Boss” particularly if your business has international elements – travel, sourcing of product, overseas sales.
Perhaps the simplest strategy to hedge this risk is to lock into US$ as the basis of compensation particularly if it seems that the dollar may weaken. Many times this can be negotiated as a purchaser of goods or services, on overseas sales this practice can be a bit more problematic.
I’m no economist yet it is my personal view that small businesses will face more exposure in this respect over the near to mid-term principally attributable to the magnitude of Quantum Easing and our National Debt that now exceeds GDP. Get good advice. Unchecked, my view is that the US$’s position as the de facto world currency is at risk. I remain ‘no economist‘ but I don’t think that would be a positive.