A new American Express survey finds 78% of businesses surveyed will use the holiday season sales to determine if they will remain open in the new year, reports Channel 3000.

While the economy is slowly beginning to improve, retailers are now wrestling with a long list of new obstacles: from rising inflation to hiring workers.

According to Small Business Trends, several organizations have opened new grant opportunities for small businesses. 

Small business owners have so many things to manage — it’s not always possible to apply for grant opportunities as they arise. Luckily, many programs offer multiple rounds or opportunities to reach even more businesses. 

The National Retail Federation is predicting holiday sales will increase by 8-10% this year, reports Local 21 News.

If you haven’t started your holiday shopping for 2021, it might be time to get to it.