Tonight, President Obama will deliver what might be his final state of the union address. Many news centers are already reporting that his final address is going to be ambitious.

If you own a business in the United States, it might be a good idea to watch and pay attention to tonight's speech. It could spell out policies that have the potential to define our country's economic future. No matter who you support, politically, this speech is important.

Many of these will likely be a preview of his reelection campaign. Pay attention to his proposals regarding small business.

• A tax code that lets the Bush tax cuts expire and the wealthy pay more
• More refinancing for homeowners in trouble
• Additional tax breaks for companies that create jobs in the United States
• More clean energy incentives
• Enhanced education and job training initiatives
• A renewed call for the Buffett Rule, a minimum tax rate for the wealthiest Americans
• The creation of a China task force to monitor trade violations

All of these have the potential to affect businesses. The President wants to reward small businesses because they create jobs in communities across America. The less tax burden on small businesses, the more money they can spend on operating and even expanding their business.

Small business loans are very difficult to come by these days, so any help a business owner can get should be welcome. Without the assistance from financial options like a merchant cash advance, a typical business owner might not be able to make it in today’s harsh economic climate.

Some analysts also wonder if the President will push for more jobs to come back from overseas where they are much needed in the United States. There have been rumors that this will be a big component of his upcoming campaign. Tax breaks and other incentives may help businesses hire domestically instead of internationally.

We’ll have to wait and see what kind of policies he intends to put forth in tonight’s speech.