Life in Quarantine

Facebook, OECD, World Bank Examine Covid-19’s Impact on Micro-Businesses

Those owned and operated by one person are closing at a higher rate than their larger peers

Over the five surveys to date, on average, 49% of micro-businesses were female-led Deagreez/iStock

By David Cohen

November 12, 2020

The pandemic continues to impact businesses of all sizes, but those owned and operated by a single person are being hit particularly hard, according to the fifth edition of the Global State of Small Business Report, which was released by Facebook Thursday.

David Cohen
@9Number9 david.cohen@adweek.com David Cohen is editor of Adweek's Social Pro Daily.
Recommended articles
You Might Like

Prepare for Pent-Up Demand

By Celiena Adcock, Head of Go-to-Market and Global Business Marketing, Honey

Quiz: What Do You Really Know About TV and Video Pop Culture?

By Amobee

Make Sure Your Commitment to Diversity and Inclusion Makes a Real, Lasting Impact

By Nimbus

3 New Behaviors of Media Consumers and What to Do About Them

By Zephr

{"channel":"elasticpress","title":"Recommended","post_types":["post","page"],"lineup_id":"54851","since_qty":30,"since_time":"d","until_qty":0,"until_time":"m","q":"","num_posts":0,"vertical":"media"}