Michigan ranks 4th among states in need of workers - Grand Rapids Business Journal grbj.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from grbj.com Daily Mail and Mail on Sunday newspapers.
While hundreds of people in the US and 10,000 globally continue to die each day, American media outlets lose no opportunity to assure their viewers and readers that the pandemic is “over.”
How To Verify Suppliers And Strengthen Your Small Business s Supply Chain forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
May 10, 2021
Small businesses and nonprofits across Delaware can now get low-interest loans of up to $100,000 and free business support from the Southern Opportunity and Resilience Fund as they work to recover from the pandemic.
Companies and agencies across Delaware can begin applying for very low-interest loans of up to $100,000 and free business support through the SOAR Fund, a new program created by a diverse group of community lenders aimed at helping small businesses and nonprofits navigate and rebuild from the COVID-19 health and economic crisis.
According to the U.S. Census Bureau Small Business Pulse Survey, 47 percent of Delaware small businesses have less than two months’ cash on hand, and one-third of small businesses in the state expect to seek capital in the next six months.
Many Small Businesses In The Services Sector Are Unlikely To Reopen this post authored by David Dam, Sebastian Heise, Davide Melcangi, and Will Schirmer
The services sector was hit hard during the COVID-19 pandemic. Small businesses were particularly affected, and many of them were forced to close. We examine the state of these firms using micro data from Homebase (HB), a scheduling and time tracking tool that is used by around 100,000 businesses, mostly small firms, in the leisure and hospitality and retail industries. The data reveal that 35 percent of businesses that were active prior to the pandemic are still closed and that most have been inactive for twenty weeks or longer. We estimate that each additional week of being closed reduces the probability that a business reopens by 2 percentage points. Moreover, an additional week of business closure lowers the share of workers that are rehired at reopening. Our estimates imply that only about 4 percent of the workers that are s