Revenue is down for 75% of small businesses, but business owners are equally confident that recovery will happen within a year, according to a new survey by GoDaddy. The “2020 Global Entrepreneurship Survey” included 5,265 small business owners around the world and measured the impact COVID-19 on microbusinesses, including business operations, finance, recovery, technology, and charitable giving.
Source: Tech Republic
How the pandemic catalyzed food sovereignty groups to center marginalized populations and lift up neighborhood farming. Stories from NYC, New Orleans, Oakland and more.
Source: Next City
The San Francisco-based software company, Homebase — which helps small businesses with scheduling, hiring, and more — saw in its internal data that the lockdowns to contain COVID-19 were having a huge impact on its clients, leading to mass closures and slashing employee hours worked.
Source: Business Insider
A strategic handling of a company’s intangible assets can catapult small, local businesses toward greater global recognition. By developing and protecting their best-in-class technologies and products, they can establish themselves as market leaders and industry experts, thereby attracting a sizeable clientele.