TLDR
Studies show that by 2024, small businesses could add $2.3 trillion to the global GDP growth. 96% of small businesses reported being affected by the lockdown and regulations of Covid-19. Women and minority-led businesses saw it the worst, being the groups most likely to report closures, reduced sales, and layoffs. The future is looking promising, with a decrease in business closure rate and a boom of microbusiness creation in America. The ultimate life hack to ensure the success of a business is organization, scaling, and effectively integrating the digital world to the entire operation.via the TL;DR App
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Written by brianwallace | Founder @ NowSourcing | Contributor at Hackernoon | Advisor: Google Small Biz, SXSW | Founder of The Innovate Summit