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Missouri

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Sherman A1

(38,958 posts)
Wed Oct 7, 2020, 02:46 PM Oct 2020

'We've Done Everything We Can': Small-Business Owners Struggle With Decision To Close [View all]

Tens of thousands of small businesses across the country have closed their doors permanently as the coronavirus pandemic drags on.

Some owners weathered shutdowns in the spring, a host of new restrictions and a drop in customers over the last 6½ months — and there’s still no end in sight.

Many businesses are calling for more economic relief to get through the winter, but negotiations in Congress for additional federal funding have stalled out.

That leaves many local small-business owners in a tight spot — weighing whether to cut their losses now or risk an uncertain future. St. Louis Public Radio spoke with several owners about how they made that difficult decision.

https://news.stlpublicradio.org/economy-business/2020-10-07/weve-done-everything-we-can-small-business-owners-struggle-with-decision-to-close

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