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Alignable, a web-based community for small companies, issued their October Lease Report. That is based mostly on a ballot of three,181 small enterprise house owners carried out by Alignable from 10/8/21 to 10/28/21.
In accordance with the report, greater than 40% of small companies in key industries weren’t in a position to pay their October lease in full and on time. The highest class for lease delinquency this month is magnificence.
Of the small companies surveyed, 32% had been nonetheless involved in regards to the Delta variant of COVID-19. Different elements of concern included growing inflation, provide chain points, and the labor scarcity.
Almost half (47%) of magnificence salons and barbers could not afford their lease, with vital percentages of small enterprise house owners within the following industries demonstrating related challenges:
- 42% in building (for the second month in a row)
- 41% of occasion planners & staffers, together with photographers & videographers (up 6%)
- 41% of eating places (down 10%)
- 40% of creatives, together with designers, entertainers & artists (up 9%)
- 39% within the journey/lodging business (up 17%)
- 36% in transportation (up 6%)
- 33% of shops (down 7%)
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