Small business owners tapping into personal savings, 401(k)s and more amid coronavirus crisis
ABC News | March 18, 2020
Luis Rivera and his family have run their neighborhood rotisserie chicken joint in downtown New York City for nearly five decades, staying open through everything from 9/11 to Superstorm Sandy, but he said he's never seen anything like the coronavirus pandemic. Rivera is among a handful of small business owners -- many of whom already operate on razor-thin margins -- who say they are entering times of unprecedented uncertainty. Despite pledges from the government and private sector, many say they still don't know how they will possibly pull through. "I didn't expect it to be so quick," Rivera, who owns the Casa Adela restaurant, told ABC News of the impact to business. "I don't know how to deal with it. I'm trying to make ends meet."