Will The Coronavirus Exacerbate Inequality For Women Entrepreneurs?
“It is a hard time to be a small business in America. Payroll subsidies for businesses have ended at the same time that unemployment payments are decreasing for workers, leaving business owners hard-pressed to pay employees and consumers less likely to make purchases. As I’ve written before, more than 40% of small businesses are likely to declare bankruptcy this year. And yet, like so many aspects of this pandemic, the challenges have not been spread equally, with women-owned small businesses carrying the brunt of the weight.”