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For small businesses, the rough news surrounding Omicron cases is hard to hear considering the hardships they have been dealing with for the past two years. While some small businesses received financial aid or PPP loans during the pandemic, many did not. This means the recent Omicron surge has continued to add to the widespread staffing and inventory shortages.
Around 70% of small businesses were financially affected by Omicron, according to a study by Goldman Sachs. Fortunately, there are a few options to help businesses bounce back. Firstly, businesses should research funding and loan opportunities available to them outside of traditional lending. Over five
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