Here’s How Donald Trump’s Victory Will Impact Small Businesses, According to a Georgetown Business School Professor

On Wednesday morning, Republican candidate Donald Trump was elected the 47th president of the United States.

Wall Street is “cheering” Trump’s triumph, per NPR, and is relieved by a “quick and undisputed election result,” according to USA Today.

The Dow Jones Industrial Average rose more than 3% Wednesday morning, and the Nasdaq and S&P 500 rose by 1.5% each, hitting record highs.

Related: ‘Major Impact’: Here’s What the Big Four Firms Have to Say About the 2024 Election

How a Second Trump Presidency Could Affect Small Business

Shye Gilad, Professor of the Practice in Management at Georgetown’s McDonough School of Business, told Entrepreneur in an emailed statement that the election outcome “significantly” affects small

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