Estimated read time: 3 minutes
Small and midsize businesses deserve our thanks year round, given how much they contribute to our communities and economies. But it’s extra important to show them gratitude in 2020—and there’s no better time than Thanksgiving.
Throughout the storm that 2020 delivered, SMBs have weathered an unprecedented environment. Some businesses went through the painful process of closing due to huge revenue loss amid the pandemic, while many that survived had to make abrupt and significant changes just to stay afloat.
Of course, business owners are the epitome of resilience. As the saying goes, what doesn’t kill you makes you stronger.
If that’s not reason enough, here are 18 reasons to show thanks to business owners:
- Because they keep people employed (even through the toughest of times), and only lay off when they have no other options
- Because they sometimes reach into their own pockets to meet payroll
- Because there are very few things they ask employees to do that they haven’t done themselves
- Because they innovate, adapt and pivot to survive, grow and serve their customers
- Because they see opportunity where most people see unimaginable risk
- Because they put their life savings at risk to take a chance on a dream
- Because of the opportunity cost that some of them pay to pursue a dream
- Because they go to bed knowing the next crisis or emergency could be facing them the next day
- Because they keep going when they are (frequently) asked, “Why are you doing this?”
- Because they have bounced back from near-failure more times than you will ever know
- Because they know there is a better way, and they pursue it
- Because about 1 out of 6 began without having the good fortune of being born in the United States
- Because they support local communities
- Because most politicians talk about the importance of supporting small businesses while campaigning, only to ignore them once in office
- Because federal, state, and local laws make it very challenging to do business
- Because they didn’t get a “free” bail-out (they used PPP loans to keep people employed)
- Because they are one of the most important building blocks of our country
- Because the company you work for began as a small business
Join me in taking a moment to appreciate the vision, the hard work, and the resilience of business owners everywhere.