Small businesses feel the sting of the government shutdown

Business Impact of Government Shutdown - Song Dog Distillery's launch plan is hindered by the federal government shutdown, impacting the release of new cocktails and flavors [4] - The shutdown prevents the distillery from obtaining label and formula approvals for new drinks, halting product development and sales [5][6][7] - The distillery faces potential loss of sales and repeat customers due to a limited menu during the holiday season [7][8] - Small business contractors with the government are losing $3 billion per week due to the shutdown [9] - Small businesses are facing difficulties in accessing loans and approvals, impacting their ability to operate and plan [10] Economic Consequences - An estimated 1.4 million federal workers are going without pay [8] - Federal grants and new Small Business Administration loans are paused [9] - 42 million low-income Americans are in limbo due to funding issues for food assistance [9] Industry Perspective - The Main Street Alliance, representing 30,000 small businesses, highlights the challenges faced by small business owners during the shutdown [9][10] - Small businesses must continue to pay employees and cover rent despite the inability to obtain approvals or access loans [10] - The uncertainty surrounding the shutdown's duration exacerbates the challenges faced by businesses [10]