The Megaphone of Mainstreet: The Impact of Covid-19 reports how the pandemic has affected U.S. small businesses. Since March 2020, most business owners (75.3%) used personal funds to keep their businesses from closing. Half (46%) downsized operations (hours, staff, etc.); some (14.6%) took on additional personal debt (HELOC, etc.), and loans from friends or family (13.1%). But optimism for future growth persists, with 55.2% feeling somewhat or very optimistic about growth over the next 12 months. #IdeaoftheDay
