The Struggles Of Small Businesses During Covid-19

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The Struggles Of Small Businesses During Covid-19

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During the coronavirus pandemic, financial inclusion is more critical than ever. Small businesses are vulnerable to the health and economic impact of this global pandemic. They are less likely to have access to quality and affordable health care and paid leave to care for sick family members or themselves. Without appropriate savings, credit, and insurance it will be hard for them to weather the storm and deal with business disruptions and maintain a stable livelihood. Small businesses are at the heart of America's economy but hundreds of thousands of them have been pushed to the brink of failure due to Covid-19. I live on the southside of San Antonio and here there are multiple small businesses that I see everyday. Recently, I see signs in front of businesses that speak to me and worry about the families it is going to affect with the closure of the business. Since the pandemic most businesses do not have the cash flow for three months of expenses.

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U. S. Small Business Administration

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#CoverYourFangs>Protecting Yourself From Covid-19

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This item was submitted on December 15, 2020 by Aaron Jaramillo using the form “Share Your Story” on the site “A Journal of the Plague Year”:

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