Indiana Small Businesses Need Support in Face of Pandemic
Last week was the Small Business Administration’s Small Business Week. NFIB, or the National Federation of Independent Business, the state’s leading small business organization, is urging Hoosiers to support their local mom and pop shops and thank them for all they do in their communities.
“Never in memory has there been a time when we needed more to focus on small business. We have already lost many small businesses to the economic fallout of the pandemic and we are poised to lose many more if we don’t do everything we can to save them,” said NFIB State Director in Indiana, Barbara Quandt.
We all know that small business owners are struggling right now. According to a recent NFIB survey, about one-in-five (21%) of small business owners report they will have to close their doors if current economic conditions do not improve over the next six months. Most small business owners do not expect business conditions to improve to normal levels until next year at the earliest. Only 19% of owners anticipate conditions improving to normal levels by the end of the year.
“What can we do? Before you head to that big box store or order on line from a mega-entity, think about your local small business, the small business that supports your community. Before you order from that big chain restaurant, consider the plight of your favorite independent restaurant or bar. That favorite place needs you now,” said Quandt. “What can we do? Contact your member of Congress and tell them you want funding intended to save small business to go to small business now, before it’s too late.”
This year’s National Small Business Week virtual conference will offer free educational webinars, free business advice and an opportunity to network with fellow business owners.