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Small businesses, battered by the pandemic, are flinging their doors back open: 85% were fully open in March 2021, a sizable uptick from the 57% who were open in February.
That’s according to a survey of 550 small businesses from Kabbage, an American Express company. The businesses surveyed ranged from the smallest of small businesses, with less than 20 employees, to the largest, with 101 to 500 employees.
Kathryn Petralia, the cofounder of Kabbage, attributed the rise in reopenings to a few different factors. Increased vaccinations, the ability to hire staff, and lifted restrictions all contributed details ⇒
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