Small Business Closure Scenarios
Small Business Labs
APRIL 7, 2020
employer small businesses will close in 2020 (2) (3). 3) Closures include any reason a small business ceases to exist (financial failure, business is sold, owner retires and closes the business, etc.), Based on an industry by industry analysis (1), our base case estimate is 21% of U.S. This is about 1.2
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