No one can deny that it’s been a tough year for New York City small business. The COVID-19 pandemic has seen thousands of small business operators close down. With hardships comes opportunities.
Over one third of small businesses in New York have been closed since January. Nearly 30% of those businesses are unlikely to open their doors again according to Harvard database (www.TrackTheRecovery.com). The new business environment in 2021 will create opportunities for investors and entrepreneurs to claim some opportunities with some help of New York City government.
If you are looking at starting a new business check out some of our other New York Law Blog articles: Buying a Business in New York, Vital Business Agreements Before Starting a Business in New York: NY Startup Basics and Listen to My Old Italian Mother to Succeed in Business in New York. And visit our sister blog at: The Korean Law Blog. Any business old or new should invest in a relationship with a business-focused attorney. The team at Hayes & Simon helps companies succeed across Asia and the U.S. and we are happy to discuss with you how we can be of service to you and your company.
For a consultation with a top-rated international business lawyer, please Schedule a Call with an Attorney.
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