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27°
Thursday, dec 26
Tag:
Business Shutdown
News
Nearly 60% Of NJ Small Businesses May Call It Quits Due To
Covid-
19: Survey
More than half of New Jersey's small business owners may call it quits due to COVID-19, according to a new survey. The New Jersey Business & Industry Association report found that of the business owners contacted, 28% said they will look to sell or shutdown their business sooner than expected due to continued obstacles, while 31% said they are still determining if their plans will change. “When nearly 60% of employers are either looking to end their businesses sooner, or considering it, due to these continued obstacles, it should be a red flag for our policymakers wh…