Report Reveals Small and Mid-Size Businesses Battling Financial Hardships
Monday, 15 July 2024, 11:46
Struggle for Survival: Small and Mid-Size Businesses Facing Challenges in 2024
The latest report sheds light on the financial hardships encountered by small and mid-sized businesses in the US, emphasizing a surge in bankruptcies in 2024.
Key Points:
- Over 350 companies facing financial distress
- Highest levels of bankruptcies since 2010
- Implications for the economy's health and stability
The data portrays a concerning reality for these businesses, indicating a turbulent environment fraught with challenges and uncertainties.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.