There are over 32 million small businesses in the US today, and those businesses are responsible for generating 43% of US GDP.<\/p>\n
2020 was heading toward a record breaking year of growth and nearly every sector of the economy was growing.<\/p>\n
Until it all came to a sudden stop.<\/p>\n
On March 17, the first of many shelter-in-place orders were given. Over the coming weeks, these continued city by city, region by region, across the country, with only essential services remaining open.<\/p>\n
Restaurants were forced to close their dining rooms. Coffee shops saw their food traffic dry up overnight. And small clothing stores and major national brands lost 100% of foot traffic.<\/p>\n
Electronic devices and fashionable accessories were no longer the hot commodity. Toilet paper and hand sanitizer were instead.<\/p>\n
Small businesses considered \u201cnon-essential\u201d began to immediately feel the pain.<\/p>\n
How should small businesses proceed?<\/p>\n
\ud83d\udc40 \u00a0Find out how five small businesses are surviving (and thriving) during the pandemic with our our free eBook.<\/p>\n
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