Small Businesses Hit Hard by Coronavirus Crisis, Survey Finds
America's small businesses are struggling to stay afloat during this coronavirus (COVID-19) pandemic, according to a recent survey by Goldman Sachs (NYSE: GS).
The survey of more than 1,500 members of Goldman Sachs' 10,000 Small Businesses program revealed that 51% of small-business owners said they could not weather more than three months of the current economic environment. Further, 96% said they have already been affected by COVID-19 and 75% have seen reduced sales.
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Source Fool.com
