The coronavirus pandemic is impacting small businesses across the country.
According to a recent WalletHub survey, 87 percent of small business owners say their business is hurting from the impact of the virus, and 35 percent say that their business cannot last more than three months in current conditions.
In a WalletHub study released on Monday, Hawaii, Nevada, South Dakota, Mississippi, and South Carolina were found to be the five states where small businesses are most negatively affected by the virus.
Hawaii has the highest share of small-business employees operating in highly affected industries.
Regardless of where your small business is located, there are some steps that you can take to try to survive in current conditions.
"Federal, state and local governments are offering a raft of instant relief measures such as the SBA’s paycheck protection program to help pay employees. The challenge for small business owners is to stay on top of what is being offered," said Susan Scherreik, founding director of the Center for Entrepreneurial studies at the Stillman School of Business at Seton Hall University.
Small businesses are the least at risk in the District of Columbia, Massachusetts and Pennsylvania.
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