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Kendall And Casey Podcast

New study shows main street businesses are struggling

Kendall And Casey Podcast

Kendall And Casey

News

4.61.2K Ratings

🗓️ 4 December 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Is your home stressing you out?

0:02.0

Why not sell it to us?

0:03.0

We will buy any property in any condition.

0:06.0

We receive a tremendous amount of phone calls on that property.

0:10.0

A lot of them are very aggravating.

0:12.0

You're not going to buy it over the phone, so let's don't kick tires.

0:16.0

Come and look, say, yeah or nay, and then we can both go down the street.

0:20.0

And so James did come, looked it over, we talked, chatting.

0:24.1

James, he did a good job.

0:25.3

Did what he said he was going to do.

0:26.9

Call Simple Quarters 317, 900 Home.

0:29.9

So you've got a new study that shows Main Street businesses.

0:35.6

You know, the mom and pops, for lack of a better term, are not doing well.

0:39.7

Yeah, there was a federal program. It was launched in 2020, and it was to help small businesses and

0:44.8

individuals restructure their debts. And the point of it was to help them do it more cheaply and also

0:51.5

quicker than traditional Chapter 11 bankruptcy.

0:55.0

But what they found out was that there was an 8% increase from last year, and there are more

1:02.2

mom and pops that are going out of business.

1:05.9

They're filing for bankruptcy.

1:08.0

And some of the reasons are because of the high borrowing costs and weak consumer

1:12.7

demand and economic pressures and decline in small business ownership and optimism towards

1:20.4

small businesses. Now look, are small business owners in this country, you are the heroes,

...

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