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SEARCHAlignable, an online network for small businesses, issued the report based on a poll of 3,181 small business owners conducted by Alignable from 10/8/21 to 10/28/21.
Alignable, an online network for small businesses, issued their October Rent Report. This is based on a poll of 3,181 small business owners conducted by Alignable from 10/8/21 to 10/28/21.
According to the report, more than 40% of small businesses in key industries were not able to pay their October rent in full and on time. The top category for rent delinquency this month is beauty.
Of the small businesses surveyed, 32% were still concerned about the Delta variant of COVID-19. Other factors of concern included increasing inflation, supply chain issues, and the labor shortage.
Nearly half (47%) of beauty salons and barbers couldn't afford their rent, with significant percentages of small business owners in the following industries demonstrating similar challenges:
42% in construction (for the second month in a row)
41% of event planners & staffers, including photographers & videographers (up 6%)
41% of restaurants (down 10%)
40% of creatives, including designers, entertainers & artists (up 9%)
39% in the travel/lodging industry (up 17%)
36% in transportation (up 6%)
33% of retailers (down 7%)
Originally posted on Modern Salon
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Sponsored by Aura House
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MelodySusie is celebrating its 17th anniversary. It is a time to celebrate another year of growth, another year of innovation, and another chapter of the journey we've shared with nail lovers around the world. From first-time nail enthusiasts and bold creators to professionals turning passion into a career, we’re grateful for every person and community who has made nail artistry their own.
Sponsored by MelodySusie
Join us in congratulating this year's list of hardworking, game-changing individuals.
