Editor’s note: In Part 1 of a two-part series, Andrew Moran interviews economist Carol Roth on the challenges faced by small businesses in the post-crisis period. It’s gloomy, but there is a little silver lining.
The last two years have seen a heavy bombardment of lockdowns, restrictions, limitations, organized retail crime, and inflation. The ongoing war on small businesses since the coronavirus pandemic started resulted in tens of thousands of companies closing their doors permanently. Although entrepreneurial rates are rising amid The Great Resignation, scores of smaller outfits have left the post-crisis recovery. In this type of environment, it is an eternal struggle to compete when the cards are stacked against your retail store, factory, or coffee shop. But is it time to be optimistic? Carol Roth, the author of The War on Small Business and prominent American television personal...
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