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How startups can survive and thrive in the coronavirus recession

23 Jul 2020

The downturn can actually be a good time to start a business, especially if you’ve got a future-forward idea, these founders say.

The COVID-19 pandemic has had significant ramifications on the economy. One survey found that because of the virus, 31% of small and medium-sized businesses had to close down completely, and 41% of owners had to dip into their personal savings to stay afloat. While these numbers sound grim, a downturn can actually be a great time to start a new business.

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This content was originally published by Fast Company. Original publishers retain all rights. It appears here for a limited time before automated archiving. By Fast Company

Covid-19 – Johns Hopkins University

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