---
title: "New Report Reveals Cash Crunch For Small Business Owners"
url: https://burnaze.com/article/a4b5ba98-7efd-4743-9083-e2159a9d2693
source: "Franchising.com"
original_url: https://www.franchising.com/articles/new_report_reveals_cash_crunch_for_small_business_owners.html
author: "Multi-Unit Franchisee"
category: "Finance"
topics: ["Finance & M&A"]
published: 2021-02-17T07:00:00.000Z
modified: 2026-11-01T02:26:04.619Z
image: https://imgs.franchising.com/art/articles/5789_plate.jpg
---

# New Report Reveals Cash Crunch For Small Business Owners

**TL;DR:** A new report by Alignable reveals that 32% of small business owners face a major cash crunch despite 75% of new PPP funding remaining available. The report is based on a poll of 6,029 small business owners conducted in late January.

*By Multi-Unit Franchisee, originally published in Franchising.com on 2021-02-17. [Read the original](https://www.franchising.com/articles/new_report_reveals_cash_crunch_for_small_business_owners.html).*

## Story

32% of small business owners face a major cash crunch even though 75% of the new PPP funding remains available. That’s according to Alignable's February State of Small Business Report.

Here are some other highlights from the report:

- 32% of small businesses have only 1 month or less of cash reserves

- And it’s even worse among key demographics: 47% of minority-owned businesses and 39% of women-owned firms are cash strapped

- Retailers, restaurants/bars, gyms, entertainers, and designers are also in the cash flow hot seat due to ongoing Covid challenges

- 76% of all small business owners are operating below pre-Covid revenue levels

- 51% are earning half or less of pre-Covid revenues

- 38% of all small businesses couldn’t pay February rent - and that figure was even more striking among minorities (58%) and women (41%)

The report is based on new data from a poll of 6,029 small business owners and was conducted in late January.

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## Entities

- Franchising.com (publication)
- General (sector)
- Multi-Unit (company)
- Multi-Unit Franchisee (person)
- Alignable (company)
- small business owners (topic)
- ppp funding (topic)
- cash crunch (topic)
- covid challenges (topic)

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Originally reported by Multi-Unit Franchisee, Franchising.com (https://www.franchising.com/articles/new_report_reveals_cash_crunch_for_small_business_owners.html). Summarized by Burnaze (https://burnaze.com/article/a4b5ba98-7efd-4743-9083-e2159a9d2693).