States With the Most Pandemic-Proof Small Businesses
From Wallet Hub, Apr 12, 2021
Coronavirus dealt a heavy blow to small businesses in the U.S., as countless businesses were forced by state governments to shut their doors for months on end or have heavy capacity restrictions. Though states are gradually reopening and loosening restrictions, around 100,000 businesses shut their doors permanently in 2020. Businesses in some states have been more resilient than others, though.
In order to find out where small businesses have the greatest potential to bounce back after the COVID-19 pandemic, WalletHub compared the 50 states and the District of Columbia across 11 key metrics….
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States With the Most Pandemic-Proof Small Businesses
Overall Rank |
50 |
State |
Hawaii |
Total Score |
36.31 |
Impact & Access to Resources |
51 |
Small-Business Financial Conditions |
4 |
Business Environment & Workforce Support |
29 |
Share of small businesses operating in high-risk industries |
51 (highest) |
Share of small business employees operating in high-risk industries |
51 (highest) |
Business Vitality |
48 |
|