How small business owners are coping with COVID-19 pandemic: 'It was my civic duty to be a part of the solution.' (via CNBCMakeIt)
predicting that the disease outbreak could potentially wipe out three million jobs from the U.S. economy before this summer.survey of more than 1,500 small business owners found that more than 50% of them said they didn't think they could continue operating their businesses for more than three months amid the current conditions caused by the coronavirus outbreak.— basically anything beyond supermarkets and pharmacies — close their doors to customers.
"I felt like it was my civic duty to be a part of the solution and not part of the problem," Skupien tells CNBC Make It about her decision to close the store rather than be seen to be encouraging more people to ignore government officials' social distancing recommendations. Without that break from her landlord, Skupien says she could have been forced to permanently close up shop after about a month. As it stands, she believes she has enough money saved to "string it along for a couple of months," she says.
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