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10,000 stores likely to close in 2021, study says, but store openings continue

Jan 28, 2021
New data gives a peek at what the post-pandemic economy might look like.
Businesses small and large are trying to game out which pandemic changes will be permanent.
Johannes Eisele/AFP via Getty Images

Lenders start processing the second round of PPP loans

Jan 25, 2021
Bankers say the process is running a lot more smoothly this time, in part because they have a better sense of what to expect.
Olivier Douliery/AFP via Getty Images

Bodegas are a lifeline in NYC ... and many are in trouble

Jan 12, 2021
These small convenience stores are often focal points for neighborhoods, and not only for the food and other supplies they sell.
Francisco Marte's bodega is a lifeline for many in his Bronx community.
Jasmine Garsd/Marketplace

Hiring in a pandemic requires a different calculus

Jan 8, 2021
Small business owners are getting burned out making hiring and firing decisions while cash flow is weak and uncertainty reigns.
An employee stocks merchandise at a store in Glendale, California. Many businesses have reduced staffing as the pandemic reduced cash flow.
David McNew/Getty Images

New Paycheck Protection Program will have more restrictions than the first

Jan 6, 2021
This new round of PPP will only be available to companies with fewer than 300 employees.
A boy gets his hair cut at a barbershop in Austin, Texas, on May 8.
Sergio Flores/AFP via Getty Images

Small businesses still struggling with COVID impacts must consider tax implications, too

Dec 29, 2020
Many received PPP loans. And that means new tax questions for 2021 filings.
A closed dining area outside a Manhattan restaurant on Nov. 13, 2020.
Spencer Platt/Getty Images

Shipping delays cause problems for small retailers

Dec 22, 2020
We’re expecting record online sales this holiday season, and shippers are having a hard time keeping up.
Postal workers sort, load and deliver mail outside a USPS location in Los Angeles, California, in August.
Kyle Grillot/AFP via Getty Images

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Business economists predict tough winter before 2021 rebound

Dec 7, 2020
Economists expect moderate GDP growth in the fourth quarter, after a fall where consumer spending gave some businesses a boost.
A new survey from the National Association for Business Economists predicts just moderate economic growth in the last quarter of 2020.
Tolga Akmen/AFP via Getty Images

What small business owners might expect from Biden

Dec 7, 2020
Biden has pledged to provide additional resources for small businesses. Business owners say the type of aid matters.
Biden has called for flexible grants to businesses that have lost substantial revenue. He also wants to refocus the Paycheck Protection Program on businesses with fewer than 50 employees, instead of the current 500.
Alex Wong/Getty Images

Paycheck Protection Program loan recipients face a new challenge: Taxes

Nov 17, 2020
As the year draws to a close, small business owners are starting to figure out their tax liabilities for 2020. That's complicated for businesses that got Paycheck Protection Program loans.
Empty chairs are seen inside a restaurant in New York on Nov. 13, 2020. Businesses whose PPP loans are forgiven are not allowed to claim deductions on expenses that were paid for using loan money.
Kena Betancur/AFP via Getty Images