Shortcut to business no longer works

Since update to latest version 20.5.2 my shortcuts to open a business directly brings up a panel to import the business file rather than opening it.

I already have the file, so this seems wrong,

Now I have to just open Manager and then select the business I want to work with.

What you were opening before was not your main application data folder (the business), but a standalone backup file. The capability to open a file directly has not been working. See this bug report: Can't Open a Manager File directly after updating to V20.2.27.

You should import the most current version of the file you have actually been working in and open it from within the program.