Facebook Report: A Third Of Small Businesses Won't Reopen

A Facebook survey of 86,000 small and medium-sized business owners reveals that a third may not reopen post-pandemic, with many unable to rehire laid-off employees, especially in hospitality. Financial struggles are prevalent, with some businesses surviving by moving online. Despite challenges, 57% of owners remain optimistic about the future. Sheryl Sandberg emphasizes the critical role of small businesses in communities, highlighting their resilience amid unprecedented challenges.

What did the Facebook survey reveal about the ability of business owners to rehire employees?

How are some businesses managing to survive during the pandemic?

What was the initial state of small businesses before the pandemic according to Facebook?

What percentage of small and medium-sized business owners are optimistic about the future?

What challenges are small business owners facing according to the report?