Wagner Live

S2 E109: The Future Outlook for Small Businesses in the New Normal

Informações:

Synopsis

The new normal, which is a result of the pandemic's effect on the market and economic instability, didn't come with an instruction manual. Expert analysts and economists have been hesitant to commit to providing any forecasting data.How do small businesses survive these challenges and remain in operation and profitable in the long run?In this episode of Wagner Live, we have Thomas Sullivan discuss the current state of affairs for small businesses throughout the U.S. and how they have been managing despite mandated lockdowns and restrictions. Thomas is the Vice President of Small Business Policy at the U.S. Chamber of Commerce.Listen in to learn how the pandemic exposed the financial inequity in America, preventing minority and black-owned small businesses from accessing banking.What You’ll Discover:[5:05] The challenges small minority businesses are facing during the pandemic, plus the need for a stimulus.[9:06] The economic and community development benefits of American small businesses.[15:38] The significa