How Small Businesses Can Overcome the Omicron Era

Opinions expressed by Entrepreneur contributors are their own.

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

→ Continue reading at Entrepreneur

More from author

Related posts

Advertisment

Latest posts

The Unexpected Parallels Between Dating and Angel Investing

Opinions expressed by Entrepreneur contributors are their own. Startup investors are not looking for mediocre companies. They’re looking for that one investment with...

The Russian Tea Room in New York City suffers as Ukraine invasion escalates | CNN Business

It drew crowds who attended concerts at nearby Carnegie Hall, only steps away, or dined there after a Broadway show. But at lunchtime Thursday,...

5 Ways You Can Amplify Your Media Coverage

Opinions expressed by Entrepreneur contributors are their own. In his memoir, Will Smith writes about how hard he promotes his movies. Claiming...