By Richard Bilbao – Digital Producer/Senior Staff Writer, Orlando Business Journal
Government policies may be relaxing mask mandates and encouraging people to eat out and go shopping again, but it’s not be enough for many businesses in Florida and beyond, says a new study.
More than a third of small businesses nationwide still face challenges paying their rent, said the May Rent Report from Alignable Inc., a Boston-based small business referral network firm. Specifically, 37% of 7,774 businesses surveyed from mid-April to mid-May said they cannot afford to pay their rent in full, on time this month — representing an increase of six percentage points compared to 31% in April.
