‘Big companies are going bankrupt at a record pace, but that’s only part of the carnage. By some accounts, small businesses are disappearing by the thousands amid the COVID-19 pandemic, and the drag on the economy from these failures could be huge.’ Chicago Tribune
Who is making the decisions?
Usa.gov states that ‘each state manages its own response to the coronavirus pandemic’ and provides a link where you can find out what your state is doing and offers. When checking on my state, I could find nothing related to helping small business owners on their site.
On the other hand, at the Federal level, on the same site, usa.gov provides a long list of the options available for businesses that have been established in less than six months, which is quite impressive.
The uschamber.com reports, ‘At least 24 states and the District of Columbia have financial aid programs to help small businesses’ (updated June 20, 2020)
This same site also reports that the U.S. Chamber of Commerce Foundation has released a ‘guide’ that outlines the different loans, grants, and funds available --- as well as from private organizations.’
It is true that all of these programs are a temporary fix to keep your business afloat. If you intend to remain open for the long term then hopefully you will take an hour to see what may possibly work for you.
There is nothing wrong with short-term relief when needed. There was no warning that the failure to act at the state level would happen and that six months later still no thoughts given or any action taken for relief.
It would be so easy at this point to focus on the “Blame Game” from this point, but I am not a politician so playing that game would be useless. My real concern lies in my opening paragraph and the consequences of what is happening.
Real or not, it has become obvious that Covid is not going to go away and for many reasons, we somehow have to find our way around the carnage that is happening to all of us. Why?
Offline or online small business is the backbone of not just our economy here in the USA but worldwide. Add in the importance of the,
Our strength lies in our numbers and in the determination of those numbers. There are many more of us than there are cases of Covid. So, why are we letting Covid dictate our future economics and our livelihood?
Let us not forget that the majority of us have the intelligence, including the consumer, to do what is necessary for protection against any virus. We don’t need the politicians creating standstill policies for us or bottlenecks of despair.
We can no longer afford the luxury of doing so.
Thank you for stopping by!