Current:Home > StocksPossible TikTok ban leaves some small businesses concerned for their survival -Infinite Edge Learning
Possible TikTok ban leaves some small businesses concerned for their survival
View
Date:2025-04-13 18:42:30
With the clock ticking on TikTok in the U.S., millions of users, including small business owners, are scrambling to figure out what to do.
One of them is Brandon Hurst, who says TikTok has changed his life through his plant delivery business.
"It allows me to go live, share who I am, but it also makes it easy for people to buy," Hurst said.
Since he started selling plants on TikTok last year, Hurst, better known as "Brandon the Plant Guy," says he has tripled his business.
"In the last year we've been able to sell 57,000 (plants)," Hurst said.
His company is one of seven million small businesses on TikTok, the social media platform alleges. TikTok also claims it supports more than 224,000 American jobs.
"I have friends and family members that work for me and help package plants and orders," Hurst said. "So this goes beyond just me now. This is a team of eight other people that would lose their jobs."
The TikTok ban was signed into law Wednesday by President Biden as part of a $95 billion foreign aid package. Under the new law, ByteDance, TikTok's Chinese-based owner, has nine to 12 months to sell the platform to an American owner, or TikTok faces being banned in the U.S.
A ban would force scores of entrepreneurs to look for a new home. Meanwhile, TikTok plans to file a lawsuit over the ban in federal court.
"One of the reasons that TikTok has become so popular among small businesses is because it has an ability, unlike any other platform, to send products flying off the physical and virtual shelves," Jasmine Enberg, an analyst for the data firm eMarketer, told CBS News.
Enberg believes Meta would be "one of the biggest beneficiaries" of a TikTok ban.
"Instagram Reels is the most natural fit," to replace TikTok, Enberg said. "It isn't exactly the same. You can replicate the technology, but you can't replicate the culture."
So where would Hurst pivot his social media business in the event of a TikTok ban.
"I'm on Instagram, I've been doing business on other platforms," Hurst said. "…There's just not that many places you can live sell. So I haven't thought about it yet, to be honest. I'm not sure...what we would do."
- In:
- Small Business
- Economy
- TikTok
Jo Ling Kent is a senior business and technology correspondent for CBS News.
Twitter InstagramveryGood! (8948)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Leah Remini earns college degree at age 53: It's never too late to continue your education
- Men's March Madness highlights: Elite Eight scores as UConn, Alabama advance to Final Four
- Riley Strain's Tragic Death: Every Twist in the Search for Answers
- A South Texas lawmaker’s 15
- 2 rescued after small plane crashes near Rhode Island airport
- Phoenix gets measurable rainfall on Easter Sunday for the first time in 25 years.
- Crews at Baltimore bridge collapse continue meticulous work of removing twisted steel and concrete
- Nevada attorney general revives 2020 fake electors case
- 'Unlike anything' else: A NASA scientist describes seeing a solar eclipse from outer space
Ranking
- DoorDash steps up driver ID checks after traffic safety complaints
- Ohio authorities close case of woman found dismembered in 1964 in gravel pit and canal channel
- Kraft Heinz Faces Shareholder Vote On Its ‘Deceptive’ Recycling Labels
- UCLA coach regrets social media share; Iowa guard Sydney Affolter exhibits perfect timing
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Kraft Heinz Faces Shareholder Vote On Its ‘Deceptive’ Recycling Labels
- In setback to Turkey’s Erdogan, opposition makes huge gains in local election
- Trump and co-defendants ask appeals court to review ruling allowing Fani Willis to stay on Georgia election case
Recommendation
Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
2 people charged in connection with house blaze that led to death of NC fire chief
Nick Jonas and Priyanka Chopra's Chef Michael Dane Has a Simple Change to Improve Your Diet
Alabama's Nate Oats called coaching luminaries in search of advice for struggling team
What do we know about the mysterious drones reported flying over New Jersey?
The Trump camp and the White House clash over Biden’s recognition of ‘Transgender Day of Visibility’
JuJu Watkins has powered USC into Elite Eight. Meet the 'Yoda' who's helped her dominate.
Who's hosting 'SNL' tonight? Cast, musical guest, where to watch March 30 episode