New Report Reveals Cash Crunch For Small Business Owners

New Report Reveals Cash Crunch For Small Business Owners

New Report Reveals Cash Crunch For Small Business Owners

32% of small business owners face a major cash crunch even though 75% of the new PPP funding remains available.  That’s according to Alignable's February State of Small Business Report.

Here are some other highlights from the report:

  • 32% of small businesses have only 1 month or less of cash reserves
  • And it’s even worse among key demographics: 47% of minority-owned businesses and 39% of women-owned firms are cash strapped
  • Retailers, restaurants/bars, gyms, entertainers, and designers are also in the cash flow hot seat due to ongoing Covid challenges
  • 76% of all small business owners are operating below pre-Covid revenue levels
  • 51% are earning half or less of pre-Covid revenues
  • 38% of all small businesses couldn’t pay February rent - and that figure was even more striking among minorities (58%) and women (41%)

The report is based on new data from a poll of 6,029 small business owners and was conducted in late January.

Published: February 17th, 2021

Share this Feature

Bojangles
SPONSORED CONTENT
Bojangles
SPONSORED CONTENT
Bojangles
SPONSORED CONTENT

Recommended Reading:

Doner Shack
ADVERTISE SPONSORED CONTENT

STAY CONNECTED

The Multi Unit Franchisee Newsletter shares weekly curated ideas, strategies, and solutions for today's high-achieving franchisees.


FRANCHISE TOPICS

MassageLuXe
ADVERTISE SPONSORED CONTENT
Multi-Unit Franchising Conference
Conferences
Caesar's Forum, Las Vegas
MAR 24-27TH, 2026

If you are looking for a business that is meaningful and fulfilling, you should take a closer look at Bruster’s® Real Ice Cream Franchise!
Cash Required:
$150,000
Request Info
With many attractive development territories available for multi-unit growth, there has never been a better time to become a Penn Station franchisee.
Cash Required:
$300,000
Request Info

Share This Page

Subscribe to our Newsletters