With the upcoming Presidential election and as complex as it will most undoubtedly be, many small businesses are gravely concerned about the impact the election results can have on their lives going forward. The majority of small business owners here in the United States have one thing in common when it comes to this Presidential election and that is that they are all focused primarily on the economy as their number one election issue.
Many people recognize that the state of our economy was, in fact, the best it has ever been prior to the onset of the Covid-19 pandemic. Small businesses are hoping and praying that the results of the coming election will be in the positive, thereby allowing for our economy to once again return to the booming state it was in prior to the pandemic.
THE NEGATIVE EFFECTS OF THE PANDEMIC
The Covid-19 pandemic has certainly impacted the economy of our country desperately with a tremendous impact being put on many industries and their employees. The majority of the businesses impacted by the pandemic are small businesses that provide livelihood and resources needed for families to live day to day. The challenges have been ongoing for all of us throughout this pandemic with a huge stress put on small local business owners throughout the country. With that said, it is imperative that some kind of relief finds its way to these small but necessary businesses that have been hit so hard during these trying times.
Most small businesses are counting on the ongoing promises of additional relief and resources for individuals and small business owners. Since they are the ones who have been hit hardest during this six month plus horrible pandemic and the ongoing continued lockdowns, it’s a wonder how they continue to be optimistic. Like all Americans, business owners are looking forward to the regrowth and revitalization of our economy in the months following the election.
Everybody, individuals and businesses alike, have suffered greatly and the time is now, with this upcoming election, to put policies and protocols in place to help the people of our country get their lives back on track and be able to continue to grow their small businesses going forward for the sake of providing for their families. It is critical that the health and integrity of our country are rebuilt and this very concept begins with individuals and small business owners since they are the ones hit the hardest during this horrible pandemic and the continued lockdowns.
PICKING OURSELVES UP AND GETTING BACK INTO THE RACE
Though there are some small business owners who have been successful in surviving the pandemic, those that have not, are looking forward to the assistance and resources they need following this election to be able to pick themselves up and get back into the race. Many of the local business owners are remarkably optimistic about the overall health of their businesses and about their current cash flow as well. However, if things don’t get better following this election, there is apt to be a greater percentage of local business owners who have been ok until now who will start to feel the impact of the strained economy and country.
TAX ALTERNATIVES – WHERE OUR CLIENTS ARE OUR NUMBER ONE PRIORITY
Here as Tax Alternatives we understand full well the fears and concerns of Americans during these very unprecedented times, but want to assure our valued clients that we are steadfast in our commitment to help our clients remain afloat during these trying times. If you are faced with the need to downsize staff and outsource accounting, payroll or other functions as a result of this pandemic, then be sure to reach out to the Christian team of dedicated professionals here at Tax Alternatives who stand ready to meet your every need. The time is critical, so be sure to get out and vote!!