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44% of Americans Are Worried Small Businesses Won't Survive COVID-19. Do These Things If You Feel the Same.


With much of the country beginning to reopen after months of lockdown due to COVID-19, many consumers are celebrating the return of small businesses. But some may not be able to open their doors, or at least not for long. As of mid-May, more than 100,000 small businesses across the U.S. had closed on a permanent basis, and while eased restrictions could drive more foot traffic to local establishments in the coming weeks, it may not be enough to compensate for the devastating financial effects of the past three months.

Not surprisingly, 44% of consumers are worried about the impact COVID-19 will have on local businesses, according to a recent survey by Principal. If you have similar concerns, here are a few things you can do to help ensure that small businesses in your neck of the woods don't end up shutting down.

Image source: Getty Images.

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Source Fool.com


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