small business sector – California Globe

U.S. Business Bankruptcies Up 40% Since January 2023; Small Biz up 60%

July 9, 2024 2:45 amJuly 9, 2024 2:46 am

The American Bankruptcy Institute has bad news: Small business Chapter 11 business reorganization bankruptcy filings increased 60 percent from April 2023 to April 2024. Commercial Chapter 11 business filings increased 40 percent from April 2023 to April 2024, with high...

Small Business ‘Uncertainty’ Reaches Highest Level Since Pandemic Forced Business Closures

June 14, 2024 7:15 amJune 15, 2024 8:54 am

The National Federation of Independent Businesses released a new survey showing the highest Small Business “uncertainty” since 2020 during the pandemic, when “nonessential” businesses were forced to shut down. “The small business sector is responsible for the production of over...