Small businesses are the heart of our communities – and they are the unsung heroes of the global economy. From coffee shops, bookstores and restaurants to plumbers, wedding planners and graphic designers, small businesses create jobs and growth in every country, helping to reduce poverty and income inequality. But they are facing the challenge of a lifetime. The COVID-19 pandemic isn’t just a public health emergency, it’s also an economic crisis that is hitting small and medium-sized businesses exceptionally hard.
Today, the scale of the challenge they face across the globe is laid bare. Facebook is publishing the Global State of Small Business Report, in partnership with the OECD and the World Bank.
Download full report here. https://about.fb.com/wp-content/uploads/2020/07/Global_State_of_Small_Business_Report.pdf