Facebook Report: A Third Of Small Businesses Won't Reopen

A Facebook survey of 86,000 small and medium-sized business owners reveals that a third may not reopen post-pandemic, with many unable to rehire laid-off employees, especially in hospitality. Financial struggles are prevalent, with some businesses surviving by moving online. Despite challenges, 57% of owners remain optimistic about the future. Sheryl Sandberg emphasizes the critical role of small businesses in communities, highlighting their resilience amid unprecedented challenges.

What new insight or understanding did you gain from this video?