MGB72EV5FFA3RHP7N52YHGY56U[1]

November 17, 2020

40% of Minority-Owned Businesses Struggled to Pay November Rent

In a recent survey, 44 Rent By Province Or State When looking at rent issues geographically, 36 Retailers, Gym Owners & Entertainers Round Out Top 5 Other sectors facing major challenges with rent include Retail (38%), Gyms (38%), and Entertainment (36%), largely because of struggles attracting customers.  Many entertainers note that their businesses will not... Read more »

In a recent survey, 44Business Rent November 2020


Rent By Province Or State

When looking at rent issues geographically, 36MGB72EV5FFA3RHP7N52YHGY56U[1]


Retailers, Gym Owners & Entertainers Round Out Top 5

Other sectors facing major challenges with rent include Retail (38%), Gyms (38%), and Entertainment (36%), largely because of struggles attracting customers. 

Many entertainers note that their businesses will not be able to thrive until public spaces like theaters are fully open to the public. Many theaters have been closed since March. In contrast, only 23% of Real Estate agents and 22% of Accountants didn’t pay their full rent, largely because those professions have been less impacted by COVID limitations

Thanks for reading CPA Practice Advisor!

Subscribe for free to get personalized daily content, newsletters, continuing education, podcasts, whitepapers and more…

Subscribe for free to get personalized daily content, newsletters, continuing education, podcasts, whitepapers and more...

Leave a Reply