7 months into the pandemic, small business owners don't know how much longer they can hold on: 'We are in survival mode'

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7 months into the pandemic, small business owners don't know how much longer they can hold on: 'We are in survival mode.' (via CNBCMakeIt)

Welcome to the, CNBC Make It's deep dive into how the coronavirus pandemic is impacting all areas of our lives, fromto housing, health care to small business. We're focusing on North Carolina, a swing state that has seen rapid economic growth — and growing inequality — since the last recession to learn how residents are weathering the economic consequences of this once-in-a-lifetime health crisis.

Like other small business owners in North Carolina and across the country, Graham has had to pivot to keep her business alive in a new world in which none of the old rules apply. In March, small business owners braced for what seemed like a few weeks of financial pain. But as the coronavirus pandemic — now in its seventh month — drags on, many small businesses are still operating at limited capacity or have shuttered completely.

A general lack of any guidance from the government on how to keep businesses afloat and clients and employees safe is also frustrating, she says.

 

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