Similar to most Americans living paycheck to paycheck, most small businesses are surviving month to month.  A recent analysis from the JPMorgan Chase Institute revealed that on average, companies “have just 27 days worth of cash reserves — or money to cover expenses if inflows suddenly stopped”  The report “analyzed 470 million transactions by 570,000 small business last year.”  For specific sectors “restaurants typically hold the smallest cash buffers, with just 16 days of reserves, while the real-estate sector boasts the biggest, at 47 days.”

The news is nothing new in light of small business optimism being mixed at best.  As mentioned on this site before, an uncertain election has driven many businesses to stagnant growth until November brings a new administration.  Unfortunately for now, more studies will continue to reveal what many already know, that being an industry suffering from uncertainty.