Businesses had to pivot or shut down during the pandemic. With no sales, demand, and a host of restrictions, small businesses that could transition to a digital platform and still operate took that route while many others ceased to exist. According to the U.S. Bureau of Labor Statistics (BLS), 20% of small businesses fail within the first year. This rate jumps up to 50% in five years. After ten years, two-thirds of all companies have gone under. “Not good odds. Not great odds at all,” said former Wall Street investment banker and financial expert Codie Sanchez Sanchez. She ran through the numb…