In It Together: Protecting Small Businesses During COVID-19 Crisis

Apr 03, 2020 - CSRwire

In It Together: Protecting Small Businesses During COVID-19 Crisis

There are 30.2 million small businesses in the United States, employing 58.9 million individuals, according to the U.S. Small Business Administration Office of Advocacy. However, a 2016 study by JP Morgan Chase cites that half of all small businesses only have enough cash on hand to survive for 27 days without new money coming in the door. With “stay at home” and “shelter in place” orders increasing across the U....