Small Business Recovery Hinges on Entrepreneurial Resilience and Savvy

July
26, 2021

5 min read

This story originally appeared on ValueWalk

Small businesses have sustained a particularly tough year and a half since the pandemic began, but now the economy is reopening and morale is rebounding. One Q1 2021 study found that 92% of small business owners expect that their companies will thrive in the next three to five years, and 75% hope to recover completely within 12 months.

Q2 2021 hedge fund letters, conferences and more

That’s just as well, because the rest of the economy depends on them. An individual corporation may employ hundreds of times more people than a single small business, but collectively, small businesses are mighty. Between 2000 and 2019, small businesses created 10.5 million new jobs, while large businesses provided just 5.6 million. Additionally, small business revenue trickles out…

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