
Published on May 4, 2021. Updated on July 20, 2021
There’s no getting around the fact that the COVID-19 pandemic has affected just about every industry and business to some extent or another. Nearly 30% of all small businesses across America have experienced a decrease in sales since the start of the pandemic. Many businesses have closed permanently, while others are still struggling to recover from the fallout of the past year. Entire industries were turned upside down – the restaurant and hospitality industries, for example, have had no choice but to completely revamp their entire business models in order to survive.
There’s no getting around the fact that the COVID-19 pandemic has affected just about every industry and business to some extent or another. Nearly 30% of all small businesses across America have experienced a decrease in sales since the start of the pandemic. Many businesses have closed permanently, while others are still struggling to recover from the fallout of the past year. Entire industries were turned upside down – the restaurant and hospitality industries, for example, have had no choice but to completely revamp their entire business models in order to survive.
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