Retailers & Store Owners United to Rebuild our Communities' Economies
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Locality: Sacramento, California
Address: 455 Capitol Mall, Ste 600 95814 Sacramento, CA, US
Website: retailersandstoreowners.org
Likes: 1470
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According to the latest Biz2Credit Small Business Lending Index, small business loan approval percentages at big banks have dropped from September to October. Read more in Forbes about how it’s increasingly difficult for small businesses to stay afloat during these challenging times. https://www.forbes.com//small-businesses-capital-is-hard/
The NFIB newest survey shows the uncertainty gauge is at its highest level since 2016, following the presidential election. Many small business owners are worried that government over-regulation could create unnecessary challenges. Read more about small business concerns in MarketWatch https://www.marketwatch.com//small-business-owners-grow-mo
Women are more likely to own businesses in industries that have been hit hardest by the coronavirus, reports USA TODAY. Through the pandemic, women have faced a unique set of stressors on top of the decline of national economic growth. Read more from USA TODAY on the current struggles faced by female small-business owners. https://www.usatoday.com//ppp-loans-gone-leavi/6113837002/
A new poll by Mainstreet Alliance and ColorOfChange has found that 46% of Black-owned small businesses have closed or are planning to close within the next six months due to restrictions wrought by COVID-19. Read more in @cpapracadvisor below https://www.cpapracticeadvisor.com//nearly-half-of-blackow
With coronavirus cases growing this fall, some owners worry about what will happen if they have to shut their doors again. CNBC speaks to #smallbiz owners as many fear their businesses may not survive. https://www.cnbc.com//small-businesses-are-in-survival-mod
Small businesses having to restrict in-person holiday shopping now worry how they will be able to compete with large online retailers. Read more from small business owners at FOX4 News Kansas City https://fox4kc.com//new-covid-19-rules-worry-local-small-/
US Census data warns that small businesses are still seeing a negative impact in employment, cash flows, and operating difficulties, due to #COVID19. Read more on how disruption from the COVID-19 pandemic continues to impact small retailers. https://www.retaildive.com//nrf-pandemic-remains-a/584571/
Recent data from the National Federation of Independent Business shows that one in five small businesses will close if they do not receive aid from Congress or economic conditions do not improve. Click below to read the full results on how small businesses are struggling to stay above water. https://www.cnbc.com//main-street-looks-to-congress-for-ne
Protecting our small business economy during COVID-19 requires far more than government regulation. If retailers and small businesses are to remain open, it’s imperative that consumers support their local small businesses today and every day. Learn how our coalition is fighting for small businesses at retailersandstoreowners.org.
Small businesses have received funding from government aid programs that are structured to assist them through July. But what happens after that? Read predictions from Ares Management via Bloomberg. https://www.bloomberg.com//ares-says-risk-of-distress-for-
COVID-19 has had profound impacts on small businesses in the United States but of those, small businesses owned by people of color, immigrants and women were most impacted. Read more from Fast Company below. https://www.fastcompany.com//small-businesses-owned-by-wom
From Forbes: Small businesses certainly felt the impact of coronavirus first and continue to feel its impact disproportionately. While some restrictions surrounding COVID-19 may be lifting, many businesses are at risk of closing if things don’t turn around quickly. And they need our help. Click below to read more about the pandemic’s impact on small businesses nationwide and strategies they can use to remain resilient through the pandemic. ... https://www.forbes.com//the-impact-of-the-coronavirus-on/
TODAY - Make your voice heard by calling in to voice your opposition to SB 793!
Jivtesh Gill, Chairman of the American Petroleum and Convenience Store Association (APCA), writes in Fox&Hounds about the impact SB 793 would have on hard-hit California businesses:
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