More small businesses reopening but COVID still taking a toll

By Mike Sunnucks | Rose Law Group Reporter

A majority of small businesses are now at least partially reopened as they traverse COVID-19 and related government public health orders.

But 14 percent of small business owners say they are permanently closed in the wake of the Coronavirus pandemic and its economic impacts.

That is according to survey of business owners in the U.S. and Canada by Alignable, a small business referral network.

The new August survey found 56 percent of small businesses have reopened even as some U.S. states and regions maintain restrictions on major events, bars, fitness centers and some other businesses.

Alignable’s survey found 98 percent of the still closed small business still plan to reopen though owners concerned about new COVID-related closures.

According to the survey, 74 percent of small business owners say COVID-19 is still impacting their business including 49 percent who report a significant negative impacts.

The overall impact is similar to the previous month’s survey but the 49 percent level is the first time since April that indicator has dipped below 50 percent.

The survey found 59 percent of small business owners in less restrictive states have reopened Fifty two percent of small businesses in more restrictive state have reopened.

Small businesses top concerns are new closure orders, financial reserves running out and customers not returning, according to Alignable.
The pandemic continues to impact some consumers and a number of major events (including college football and concerts) are being cancelled or postponed.

Arizona has 189,443 total COVID cases and 4,347 deaths statewide. That translates into 2,635.2 cases per 100,000 persons and 60.47 deaths per capita, according to the Arizona Department of Health Services.

Arizona has the third highest per capita COVID cases in the U.S. behind only Louisiana and New York City. Arizona has the 13th highest number of COVID-19 deaths per capita, according to the U.S. Centers for Disease Control.

There have been more than 5 million COVID-19 cases in the U.S. and 162,407 deaths.The full report can be seen here.

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