Tens of thousands of companies in the US are quietly going out of business.
According to Yelp, and reported by Bloomberg, 80,000 companies just canceled their leases, turned off the lights, and walked away between March 1 and July 25.
SME owners lucky enough to have no debt or liabilities can put their businesses in stand-by mode and live to fight another day.
RIABU’s Simon Littlewood and Mark Laudi discuss how SME owners can hibernate until the economy recovers.
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