- June 15, 2021
- Posted by: Stratford Team
- Category: Business
The pandemic has been devastating for small businesses across the state. When Facebook surveyed hundreds of small business leaders across Florida in February, half said sales were down on the same time last year, and nearly a third said they’d cut jobs because of the pandemic.
Facebook chief operating officer Sheryl Sandberg
Businesses led by women and minorities have felt the impact the most — yet another reminder that whenever crises hit, it’s always the most vulnerable who are hardest hit. Across the United States, women-run companies closed at a higher rate than those run by men, and Black, Asian-American, and Hispanic businesses have felt the pain the most. In Florida, more than half of minority-led businesses reported a drop in sales compared to the previous year — 7 percentage points higher than other small businesses.
Many businesses stayed open by going digital — setting up online ordering and delivery, creating new products, and…
