What’s going on:

Cliff averted: The House on Tuesday night approved the Senate’s last-minute compromise to raise rates on the wealthy, extend unemployment benefits and steer clear of the fiscal cliff. Here’s everything you need to know about the deal, and here’s an early look at the implications for small businesses.

Keep an eye on:

Sales soaring for small farmers, manufacturers: Grain farmers and metal workers are looking up, while drycleaners and golf courses expect another tough year. Here are the fastest and slowest growing industries.

Helpful advice on:

How to use big data in a small business (OSB)

How to make business reolutions stick(Newsday)

How to make the most of social media lists (Mashable)

How to check the health of your business (Bloomberg)