Nearly 73,000 Businesses Have Closed Permanently
According to data from Yelp, more than 55 percent of the 132,500 businesses listed on the site that closed during the pandemic will remain shuttered permanently. Although government relief bought…
Restaurants Implement COVID-19 Surcharges
Restaurants and service industries have been severely impacted by COVID-19. Many restaurants were forced to close their doors due to stay-at-home measures and some will remain closed permanently. As supply…
Small Businesses Have Trouble Securing Vital Loans
The ongoing coronavirus pandemic has caused countless restaurants and stores across the country to alter their services or close entirely, some for as long as a month so far. This…
Ways Small Businesses Can Survive COVID-19
The COVID-19 pandemic is impacting businesses large and small. Several economists are declaring that a recession is on the horizon. A recessionis a business cycle contraction when there is a…