Support for NY Freelancers + Entrepreneurs in the Time of Coronavirus
The struggle is real — for our health, of course, but also our bank accounts. Millions will be unemployed, and businesses are shutting down — a recession is looming. We don't know how deep we'll go, but we do know the abruptness of the decline is unprecedented.
"Smaller companies will be hit harder than large ones because of their limited access to credit and less cash in the bank," wrote Nelson D. Schwartz in the New York Times. "There will be a swath of small businesses that simply won’t be able to survive this," he quoted Ellen Zentner, chief US economist at Morgan Stanley.
We all know that the backbone... Keep Reading ➞