Restaurants had to make hard choices over the last year to stay alive –– choices that, it turns out, made them more efficient.
Although many Black-owned businesses disappeared during the pandemic, one North Carolina concierge service has thrived.
The pandemic has accelerated the cashless trend, according to the electronic payments company Square.
Nashville's Botan Market reopened in time to serve its community during Ramadan.
The New York Fed said each additional week a service business is closed cuts its chance of reopening by 2 percentage points.
Many businesses are pumping money into much-needed improvements, and that spending is rippling through the economy.
"It's a basic conflict of interest," says one small-biz advocate.
Business formation doubled between April and July last year, thanks in part to small businesses relying on P2P apps to get revenue.
Estimated taxes are usually predictable, but not this year because many businesses' 2020 income was so erratic.
The latest loans have moved more slowly than the previous round, due in part to additional compliance checks to prevent fraud.