Today, I read an article that caught my eye that I would like to share with you. A survey was conducted by FSU regarding COVID-19 and its impact on small business owners. As a small Boston real estate owner, what I read was very disappointing: 15.25% od small business won’t be coming back
A survey of U.S. small businesses by Florida State University (FSU) researchers found that 15.2% of those studied have closed their doors permanently as a result of the COVID-19 shutdown.
More information on the survey:
Assistant Professor of Management Samantha Paustian-Underdahl led the research team that examined the effects of the COVID-19 pandemic on 567 small businesses and nonprofit organizations (NPO) throughout the United States. Funded by the Jim Moran Institute for Global Entrepreneurship in the College of Business, the survey asked participants to provide feedback on employee layoffs, government loan programs, operating capacity and stress levels, among other factors, to measure how businesses have changed daily operations during the global pandemic.
Yesterday, one of my Beacon Hill landlords that I rent apartments for informed me after 22 years in business Artu restaurant won’t be returning to Charles Street – so sad.