Small Business Survival in a Pandemic

During the coronavirus pandemic, many have been rightly concerned about the danger this disease can impose on public health, as well as the real possibility of the influx of patients overrunning healthcare systems. However, as the disease and economic shutdowns borne by the government’s response wears on, there is growing concern about the future of the economy, particularly the fate of small business owners. Businesses across the country have seen crippling financial losses due to the “stay at home” orders, and most could not survive a months-long shutdown. The unemployment rate in America is on pace to become the one of highest in the nation’s history, rivaling the Great Depression.