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Money Minute #73 – Another Local Business Dies

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March 2021 is fast approaching, and is a sharp reminder of the dire situation small businesses continue to face as we approach the anniversary of the COVID-19 pandemic.

In our latest segment of “Money Minute,” I look a how a thriving, well branded local business was forced to close its doors due to the restrictions imposed as a result of the pandemic. This unfortunately, is one of thousands of businesses who are in a similar situation. How many businesses are hanging by a thread as we enter 2021?

I fear we’ve only scratched the surface of the economic impact of these restrictive measures…