Thursday, April 30, 2020
Exactly when North Carolina's economy will reopen is uncertain. What is certain is that the reopening will happen slowly. Meanwhile, small businesses are struggling to stay afloat. We check in on how they’re doing and how they’re planning for an uncertain future.
Pressure has been increasing to reopen the economy, but North Carolina Gov. Roy Cooper has decided to stay the course, extending our stay-at-home order and setting parameters for slowly reopening the state.
Businesses still don’t have a firm date for that, and many are hanging on by their fingernails, hoping they’ll be viable once the OK to resume commerce is handed down.
Despite promises of help from the federal government, many businesses — particularly small ones — have found the process impossible to navigate and the funds being gobbled up by bigger business.
We check in on how small businesses are faring in this region and how they’re planning for an uncertain future.
Tony Mecia, editor of the Charlotte Ledger Business Newsletter. He can be heard Thursdays on WFAE’s BizWorthy segment on Morning Edition.
Nick Foy, certified financial planner and founder of Greenway Wealth Advisors, an independent financial planning firm based in South End.
DeAlva Wilson, CEO of D. Wilson Agency, a management consulting firm in Charlotte. She is also a member of the city’s COVID Recovery Task Force and chair of City Council’s Business Advisory Committee.
Chris Goulet, owner of Birdsong Brewing in Charlotte
Damian Johnson, owner of No Grease Inc. barber shops in Charlotte