In March a lot of small businesses across the country were forced to close down amid the fear and spread of the coronavirus pandemic. While this isn’t great, it is not all gloom and doom since some of these businesses have resumed normal activities in recent times as the surge of the pandemic continues to go down. What then does this mean for new investors? Is investing in local businesses doomed from the start due to the effects of COVID-19?
The Rebuilding Society user experiences say otherwise, and a lot of feedbacks have shown that recession or hard times could be a good time to start a business for a number of reasons. Going by the fact that customer needs are the driving force for setting up new businesses, then, we could all agree businesses could still thrive in a time like this.
In essence, while it seems the business …Is Investing in Local and Small Businesses Safe And Profitable in 2020 Due To Coronavirus Pandemic? Read More