The Sorry State of Small Business

According to research from the JPMorgan Chase Institute, prior to the coronavirus pandemic, small businesses in the U.S. had an average of less than 15 cash buffer days. Director of business research for the JPMorgan Chase Institute Chris Wheat joins Dan to shift through the data and determine how healthy America’s small businesses were before the coronavirus struck.  PLUS: Private equity goes to court and the year’s biggest retail bankruptcy Learn more about your ad choices. Visit megaphone.fm/adchoices