This is the situation almost nobody, including the press, is talking about.
Over 99 percent of America's 28.7 million firms are small businesses. The vast majority (88 percent) of employer firms have fewer than 20 employees, and nearly 40 percent of all enterprises have under $100k in revenue.
Many of these businesses will not survive this. We're in for a world of hurt if the quarantine in place lasts all April and into May.
This is the situation almost nobody, including the press, is talking about.
Over 99 percent of America's 28.7 million firms are small businesses. The vast majority (88 percent) of employer firms have fewer than 20 employees, and nearly 40 percent of all enterprises have under $100k in revenue.
Many of these businesses will not survive this. We're in for a world of hurt if the quarantine in place lasts all April and into May.