Saturday, November 14, 2020

During the Global Pandemic, Ask for Help

Small businesses are the backbone of the U.S. economy. According to the World Economic Forum, small businesses are responsible for employing nearly half of the private sector workforce. 

However, during these volatile times where social distancing measures have been put in place and mandatory shut-downs have happened, many small businesses have not been able to survive.   

Entrepreneur reports that In September, Yelp released its latest Economic Impact Report revealing business closures across the U.S. are increasing as a result of Covid. According to Yelp data, permanent closures have reached 97,966, representing 60 percent of closed businesses that won’t be reopening.

No matter how you react to the reports, here are five ways to help your small business survive the global pandemic, one being to ask for help.

No comments: