Recovery expert: ‘Some businesses will never reopen’ [LINK].
When economies eventually re-open, many businesses will stay shut as they struggle with the new environment.
That is the fear from a global disaster recovery group that helps businesses recover from crises like coronavirus.
Small business owners are more vulnerable and may have to become entrepreneurs again to survive.
“Restarting a business is much harder than shutting one down,” says the Disaster Recovery Institute International (DRI).