Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

State Of Small Businesses: Only 27% Have Fully Recovered

By Anna Peel. Originally published at ValueWalk.

Small Businesses

State of Small Businesses: Only 27% Have Fully Recovered (Down 2% From March, 16% From December) & New Cash Crisis Looms Over 39% Of SMBs

Just a week shy of National Small Business Week in the U.S., the state of small business is, sadly, on a decline in many industries, largely because of growing inflation, a still-broken supply chain, an ongoing labor shortage, and rising rents. That’s based on a poll of 2,279 small business owners conducted from 3/31/22 — 4/24/22 by Alignable, combined with historical data from 675,000 SMBs.


Q1 2022 hedge fund letters, conferences and more

The State Of Small Businesses

Released today, Alignable’s April Road To Recovery Report shows only 27% of small businesses have fully recovered at this point. This figure represents a 2% decline from last month and a 16% drop from Dec. 2021.

Even worse, 39% of SMBs report that they only have 1 month or less of cash reserves — a 10% jump over last month. As you can see, this figure represents a new high for SMBs’ cash crisis, over at least the past seven months.

Small Businesses

Beyond those troubling statistics, with increasing cases of variant BA.2 spreading across North America, 59% of U.S. small business owners are concerned this latest COVID wave could further stall their recoveries. That number is up to 70% in Canada. States with the highest rates of BA.2 concerns include Massachusetts (79%), New York (76%), and Illinois (70%). For Canada, the most-worried province is Ontario at 74%. 

Small Businesses

Other report highlights include:

  • Inflation Issues Skyrocket: 92% say they’re worried escalating prices are hurting their recovery. Inflation also is the No. 1 concern of all SMBs in April. 
  • Declining Revenues: 44% of small businesses say they’re earning 50% or less of the monthly revenues they generated prior to COVID. (2% worse than March).
  • Rent Spikes: 46% say they’re paying higher rent than 6 months ago & another 7% say their landlord is raising the rent soon. Overall, 28% said they couldn’t afford to pay rent.
  • Silver Lining: 78% of SMBs report being fully open, up 10% from last month.
  • More Good News: Restaurants rallied: now 33% have rebounded. That’s the biggest rate of recovery surge among all industries this month, up 16% over March. (Though, as you can see, many other industries reversed their recoveries).

Small Businesses

To see the full Road To Recovery Report, go here

Updated on

Sign up for ValueWalk’s free newsletter here.


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!