Ruth Simon
speaker
180 appearances
4 recordings
1 series
first heard Jul 2017
last heard Dec 2020
Ruth Simon’s voice in public audio — every appearance, attributed to the second.
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Appearances
And he's had to decide to set aside some funds in case he has to file for bankruptcy.
He's determined he wants to be the last business standing, but it's very hard.
Yes, it is.
And businesses have pretty much run through the money they got from the Paycheck Protection Program.
Some of them got disaster loans, but it's getting harder and harder.
And I think small businesses are very optimistic by nature, small business owners, and they really want to make it through, but it's tough.
And this second rise in cases has just been another blow for them.
Among the areas that have taken the biggest hits include performing arts companies, travel agents, bus operators.
There are a bunch of them.
We think a lot about restaurants, but the pain is really widespread in a lot of sectors that you may not think about as much.
Also, businesses that are involved in the movie business.
You know, if you operate a movie theater, it's been very, very difficult.
Small businesses suffered more in the early stages of the pandemic, but also rebounded more quickly, at least for a while.
But that's changed in recent months, where you see larger companies adding employees at a more or re-bringing employees back at a more rapid rate.
And you also see that job losses due to business closures are significantly higher in
for small companies, for big ones.
And finally, among the big companies, large companies that have more than one location, so that would be the bigger of the big companies, they seem to be doing better based on the data the Bureau of Labor Statistics has analyzed.
They did.
And that seems to be driven by non-store retail, which might be people selling things online or in other non-store venues.
The question is, how many of those businesses are going to survive?
Showing 21–40 of 180 · page 2 of 9
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