More than 100,000 small businesses have permanently closed since the start of the pandemic. The industries hardest hit by this pandemic include retail, restaurants, and bars. Thousands of businesses have spent the last few months preparing to reopen, or changing their services and products to be more marketable in the current business climate. Many owners also believe they should prepare for a second wave of the virus this fall.
We have broken down COVID-era trends and case studies of small businesses by industry to discuss how specific companies are adapting successfully and others are failing to survive. These insights could hold the key to maintaining or growing your own business this year.
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