It’s no secret that COVID-19 has made a huge impact on small businesses. A recent survey from SCORE outlines just how big the effects have been so far.
Overall, the report, which included responses from 3,500 diverse business owners, found that more businesses are struggling financially. And many Black and Hispanic owned businesses face even greater challenges. However, it also found that businesses have been able to quickly pivot in key areas. And many are still feeling optimistic about the future.