We are going to hear a lot more of this in the near future. Yes, the economy is building back, and yes, the stock market is soaring despite occasional crashes. But underneath all of that is the struggle by small businesses to survive until this virus is under control.
If you watch the finance channels, you will immediately realize that some are saying there is no reason to intervene in a natural economic event. The economy is adapting, and no amount of cash is going to change that fact. You can’t save some of these businesses. Let them go.
Little comfort for the person who owns a small business, or works for a living and is suddenly no longer employed. What do they do?
Ted David describes himself as a founder of the CNBC network. He has seen a lot of ups and downs in his time, and when he read this tweet, he sent a response that everyone needs to read and keep.
So many of us do not have a plan for this eventuality, but Ted’s list of ten things you need to do is a great start.