Businesses of all sizes have been hit hard in this challenging new age of social distancing and self-isolation, but the blow has been catastrophic for small operations that rely on in-person transactions.
A new survey from WalletHub found that 87 percent of small business owners say they are struggling due to the coronavirus.
Rachel Beider, an owner of Press Massage in Brooklyn, is one such owner. Since “shelter-in-place” orders forced her to temporarily close her massage therapy business, she has had to lay off over 30 employees and nearly a dozen independent contractors.
“I have only been able to keep two salaried employees on”, she says.
With no precise ETA on when doors can reopen, businesses like Beider’s are in danger of closing forever — a loss not only for…
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