Did you know that nearly 96% of small businesses were affected by the pandemic? 59% experienced mass layoffs of their employees and 30% even had to close their doors permanently. Businesses that are run by women or minorities are at an increased risk of being affected by lack of business due to the pandemic even now. Luckily, there is a brighter future ahead for these small businesses.
Online microbusinesses were booming during the time physical stores were suffering a lack of sales. Americans even created 2.8 million more online microbusinesses in 2020 than they did in 2019. These microbusinesses were able to support small business owners in a time where many were suffering due to employee layoffs and reduced sales caused by the pandemic
Even now, digital agencies are growing, and fast! 67% of microbusiness owners are looking to grow their businesses full-time. Many experienced mass success during the pandemic when more customers than ever were doing their shopping online. Since many small business owners handle almost every aspect of their companies, this increase in sales could sometimes be overwhelming. To combat that today, many business owners are turning to online business systems in order to track their business progress and delegate their tasks more efficiently. To learn more about these digital business systems and how digital agencies are growing after the pandemic, take a look at the infographic below: