Atlantacreditexperts29 Apr, 2021Finance
Entrepreneurship of big or small corporations, even in favorable times, is challenging. The small business credit survey conducted by the Federal Reserve system in early 2020 indicated that 57% of the total small businesses enjoyed profit, and only a margin of 24% operated in losses. The figures took a considerable downfall when the lockdown period began. The same researchers showcase that the small business holders were railroaded. They only had a cash flow suitable to support one-month operations, leaving both the business owners and employees vulnerable to face pandemic consequences.
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