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economy as a whole, it does capture the intense distress being experienced by smaller, retail-oriented firms - a snapshot of the crisis, collected over a week at the very end of March. While it is not fully representative of the U.S. The sample includes firms from most major industry groups, states, and firm-size categories, and the share of survey responses from the largest states matches up well with the share of businesses in each of those states. To assess the current landscape, we conducted a survey of roughly 5,800 small businesses from across the United States in partnership with Alignable, a small business network. Over the past few weeks, we’ve been exploring the economic effects of the coronavirus on small business and ways to mitigate the economic damage they face. But business owners also need to make the best possible decisions to get them through this difficult period.
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The Coronavirus Aid, Relief and Economic Security (or CARES) Act set aside $349 billion in loans and assistance for small businesses and there may be more to come. Many have ongoing expenses and little or no revenue and face the prospect that they may never reopen.įor these small businesses to come back after the pandemic abates, and once again serve as an engine of American innovation, they need aid. In the throes of the sweeping disruptions caused by the coronavirus, businesses around the country have closed temporarily. economy, they’re often financially fragile, with little cash on hand or resources to buffer even a minor financial shock. Yet while these smaller firms are an essential part of the U.S.
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Businesses with fewer than 500 employees account for 48% of American jobs and 43.5% of GDP. It will be years before we fully understand the economic impact of the coronavirus, but one thing is painfully clear right now: Small businesses across the country are facing an existential threat. To get all of HBR’s content delivered to your inbox, sign up for the Daily Alert newsletter.
#SMALL BUSINESS MANAGEMENT PDF ONLINE PROFESSIONAL#
To promote a standard and professional formal review process, submitting authors may be asked to reformat manuscripts before they can be examined and reviewed.In these difficult times, we’ve made a number of our coronavirus articles free for all readers.
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Public-private partnerships and aspects of the state.Internal and external communication at various levels.Human aspects of entrepreneurship and team composition.Entrepreneurial finance and new approaches to financing.Social enterprise, community-based research, and impact.Family business contexts and generational entrepreneurship.Technology entrepreneurship and technology commercialisation.International entrepreneurship that transcends boundaries.
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Finally, JSBED places a high value on papers that make bold claims and promise to have a large and lasting impact on their realm of focus.Įxample topics of papers suitable for submission to JSBED include: Any empirical research methods must be linked rationally and appropriately to those foundations and also executed properly. Submissions likely to be reviewed favourably at JSBED must have strong conceptual or theoretical foundations. Additionally, to promote the relevance of the papers it publishes, JSBED employs an Entrepreneur and Practitioner Advisory Board, which offers feedback on the practical implications of submitted manuscripts prior to publication. Papers accepted for publication at JSBED will have been double-blind peer-reviewed by the Editorial Board and examined by multiple levels of the Editorial Team. We welcome the submission of manuscripts representing a wide spectrum of approaches and formats, including theory-based research, large-scale empirical studies, dialectics and debates, engaging provocative questions with evidence, rigorous summaries of best practices, regional and international studies, and more. JSBED publishes rigorous and bold entrepreneurship research, with the aim of bringing its contributions and implications worldwide to scholars, practitioners, policymakers, students, and the entrepreneurial leaders of today and tomorrow. The Journal of Small Business and Enterprise Development (JSBED) advances theory, practice, and policy by publishing scholarly contributions in the area of entrepreneurship.
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