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Microbusinesses may help people survive a COVID-19 recession – Source fastcompany.com

People’s online microbusinesses and side hustles might be helping their hometowns’ resilience during the COVID-19 pandemic, a new study by the web-hosting company GoDaddy suggests. That includes people such as Nashville-based Chef Zach Sass, who was laid off as a result of virus-related restaurant closures. As a stopgap, he started a coronavirus-era business as a “virtual personal chef,” offering video chat guidance to home cooks via a website hosted by GoDaddy.

It’s through sites like these that GoDaddy has been researching “ventures” set up by its customers—which include businesses, nonprofits, or some other “cause or idea” with its own domain name, website, and services like email or online payments associated with it. Its Venture Forward program, which has been tracking about 20 million projects in the United States set up by GoDaddy customers for almost three years, aims to help elected officials understand and support what microbusinesses need to get off…

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Source : fastcompany.com

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