Impact of Coronavirus on UK SMEs
Drop in sales, cashflow and supply chain disruption are key concerns for small businesses affected by Coronavirus
Our research with Be the Business has found that the vast majority (82%) of small and medium sized business owners are concerned about the impact the Coronavirus will have on their business.
Insight conducted amongst decision makers in UK SMEs found that immediate and short-term impacts of the Coronavirus are the biggest concern, with almost half (47%) concerned about a drop in the number of sales. Meanwhile two in five (39%) are worried about the impact of the wider economic situation and 35% are concerned about day to day cash flow.
Read the full report here: