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3 Ways for Business Owners to Adapt Post-Crisis

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Entrepreneur contributors are their own.
Small businesses across America are revalidating the essential lesson of Charles Darwin and driving the post-crisis economic rebound in the process.
The term “small business” covers half the American workforce, in tens of millions of companies that made it through the darkest days of the pandemic. It sweeps in more than 4 million owners who chose to start a new venture in 2020 the largest single-year increase in new business originations in at least a decade, and perhaps ever, according to data from the Peterson Institute for International Economics. Soon to follow are all the entrepreneurs who are watching a post-crisis world take shape and preparing to place that proverbial bet on themselves. ....

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$1,400 Stimulus Checks Are Amazing. But Does the U.S. Economy Need More?

Now, the argument has been made that additional stimulus packages would help such people even more.
Milan Kordestani, a contributor to the Entrepreneur Leadership Network, wrote for Entrepreneur magazine this week, arguing that “With More Stimulus, Startups Could Grow at Warp Speed.” Kordestani, per his bio, is the CEO and founder of three active companies: The Doe, Guin Records, and Dormzi.
“Thanks in large part to the Payment Protection Program, startups have had access to low-interest (and potentially forgivable) loans to help them sustain and grow their businesses,” Kordestani wrote. “However, even under the expanded PPP criteria, businesses needed to be in operation since February 15, 2020, or earlier. Consequently, startups that began during the pandemic could not access this cash.” ....

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