New Research Shows 100K+ SMBs Won’t Recover From COVID-19 Pandemic
PYMNTS
MAY 13, 2020
The average business has in excess of $10,000 in monthly expenses and barely enough cash on hand to survive a month, according to the National Bureau Of Economic Research ( NBER ). Researchers at the University of Illinois, Harvard Business School, Harvard University and the University of Chicago surveyed more than 5,800 SMBs May 9 to 11.
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