Research published by ACA Research in partnership with TEG Insights shows two thirds of SMEs reported a decline in revenue due to the COVID-19 crisis over the past couple of weeks and over 1 in 4 have already had to temporarily or permanently close their operations. Accordingly, it is not surprising that 74% are concerned about the survival of their business.
See the full research outcomes in the COVID-19 weekly tracker here.
Author: James Organ, ACA Research
Website and graphic: ACA Research