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Save Entrepreneurs Save Economy

How Were Entrepreneurs Affected by The Pandemic?

Almost everyone has suffered the economic damage caused by the epidemic, but the plight of entrepreneurs is ineffable. Most entrepreneurs face significant obstacles that threaten to keep their businesses afloat. Moreover, entrepreneurs’ mental health suffered a 12 percent dip due to the pandemic, posing another threat to their firms.

Organizations did not have enough time to plan for the unprecedented disruption that would follow the pandemic’s spread. In addition, it was difficult for the companies to prepare for abstract difficulties due to ambiguity about the impact and duration of lockdowns and safety procedures. As a result, the pandemic has resulted in the most significant economic downturn, it’s a great depression. Therefore, it’s high time to Save the Entrepreneurs and Save the Economy.

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