Small business owners say they need more aid as delta brings economic slowdown

Small business owners say they need more aid as delta brings economic slowdown

Jordyn Dahl Jordyn Dahl

Jordyn Dahl

Mobility Reporter at POLITICO Europe

发布日期: 2021年9月7日
+ 关注

Welcome back to Big Trends in Small Biz, a weekly newsletter bringing you the news, tips and trends to help you with your business. Click subscribe above to be notified of future editions.

Companies and consumers alike were preparing for a fall that would feel similar to life in the before times. The delta variant has turned that on its head as it continues to sweep across the country, filling up hospitals and prompting mask mandates and other lockdown orders.

Instead of traveling, many are choosing to stay home and away from people, prompting an economic slowdown that is reverberating across businesses. In a new survey from Goldman Sachs, 88% of small business owners say the federal government should provide additional financial aid and 41% are concerned about their debt.?

Black entrepreneurs continue to struggle more than their peers, facing less cash in the bank as reserves dwindle and less access to capital, the survey found.

How has the fall slowdown impacted your business? Do you think there should be more aid available to small businesses??

领英推荐

Latest Developments

  • Looking to crowdfund your business? New research shows you’ll have better luck raising capital if you start before you have a finalized product and include donors in the product development process.
  • One sector previously experiencing a slowdown before the pandemic is seeing a surge in business: travel agencies.
  • Congestion at the ports causing long delays in receiving goods is expected to last well into 2022.
  • Small businesses owe $139 billion in debt due to the pandemic, according to a new poll from the Canadian Federation of Independent Business.

Conversations For You

  • Keeping your employees has never been harder. Entrepreneurs and managers discuss how giving time off is helping to curb attrition.
  • The pandemic brought around permanent changes for retailers and restaurants that are now turning toward manufacturing hubs or delivery as big revenue drivers. See what owners in these sectors are saying about the shifts.

Something Good

Big Trends in Small Biz Big Trends in Small Biz

Big Trends in Small Biz

113,812 位关注者

订阅
Michael Zarogoza

Hardworker

3 年

Yeah aid we need for america Joe Biden an his adminstration all to resign an put X-President Donald Trump back in Office.Futhermore all business will do better.Vaccine is not solution of staying well,vitimins Covid 19 eats your protien thats why crazy people got got get shot 2nd,3rd time you never going to be alright.Blame President Joe Biden for all your sickness...

赞
回复
Eric Adams

Accomplished Gaming & Media Veteran – Expert in Game/App Production & Product Management for Top Gaming, Tech & Media Titans

3 年

#MEnotWe defeated #WEnotME @nonvaxxers

赞
回复
1 次回应
Tim Miller

Media Production, Public Affairs, Information Sourcing and Customer Service...How can I help you?

3 年

To Cate Chapman and the Editors: This is probably one of the numerous times that Delta Air Lines, Delta Faucets and any other business, using "Delta" in their name are slapping their PR foreheads. My first thought was this article referred to "Delta Air Lines". Good public relations for businesses and organizations are more crucial in these day than ever. I remember reading an article by Delta Air Lines CEO, specifically, not calling it the "Delta Variant". I forget what term he used, but that was not it! I ask you to, please consider your headlines in future articles. #DeltaAirLInes #JordanDahl #CateChapman #DeltaFaucets

赞
回复
1 次回应
查看更多评论

要查看或添加评论，请登录

Jordyn Dahl的更多文章

社区洞察

其他会员也浏览了