illustration of store front with open sign in window
Apr 21, 2021

Prof. Victor Bennett highlights four areas critical to small business growth

The number of new business applications filed during the COVID-19 pandemic is one of the highest on record, even as the U.S. economy tumbled and unemployment was at its highest level in 2020 since the Great Depression. The ability of these new businesses to grow has been critical to reversing the trend in unemployment, according to... read more Available financing “Access to financing can be critical for growth, and the signs on that front look pretty positive,” Bennett said. He noted that current low interest rates both incentivize low local bank lending and make investment in areas such as venture financing more attractive relative to savings. He also noted, however,... read more